TheCable News

Haitham Al Ghais, a Kuwaiti oil and gas veteran, has formally assumed office as secretary-general of the Organisation of the Petroleum Exporting Countries (OPEC). Al-Ghais succeeds Mohammad Sanusi Barkindo, the oil cartel’s previous secretary-general, who died on July 5. OPEC announced this in a statement on Monday, following his appointment in January. […]

The Academic Staff Union of Universities (ASUU) has extended its ongoing strike. The association, in a statement signed by Emmanuel Osodeke, its president, said decision was made after a meeting of ASUU executives on Sunday. It said the rollover was to give the federal government time to resolve the outstanding issues. […]

Here are the seven top business news you need to track this week — August 1 to August 5. OPEC+ MEETING HOLDS AUG 3 The Organisation of Petroleum Exporting Countries and its allies, known as OPEC+, is to hold its 31st ministerial virtual meeting on August 3 to discuss its oil output […]

Sani Musa, senator representing Niger east, says Babagana Monguno, the national security adviser (NSA), should resign over the rising insecurity in the country. Musa criticised the NSA for not being the first to inform President Muhammadu Buhari of the threat by terrorists to kidnap him. The senator spoke on Sunday in an […]

The National Drug Law Enforcement Agency (NDLEA) has discovered a laboratory used for the production of methamphetamine in Victoria Garden City (VGC), Lagos. NDLEA officials were said to have busted the laboratory domiciled at K-5A/2, Road 14, VGC, on Saturday. The development was disclosed in an internal security incident memo signed by […]

The northern leadership of the Christian Association of Nigeria (CAN) has called on President Muhammadu Buhari to live up to his constitutional responsibility by protecting Nigerians. Sunday Oibe, secretary-general of CAN in the 19 northern states and the FCT, said the association is deeply concerned about the security situation in the country. […]

The South African government says it will slash the pump price of fuel from Wednesday.  Gwede Mantashe, South Africa’s minister of mineral resources and energy, said this in a statement on Saturday. He said the price adjustment is aimed at easing the burden on consumers of soaring energy prices. South Africa’s fuel […]

Gani Adams, the Aare Ona Kakanfo of Yorubaland, says he has received intelligence report that terrorists have moved into forests in Osun, Oyo and Ogun states. In a statement issued on Sunday by Kehinde Aderemi, his special assistant on media, Adams said the terrorists were seen with a large cache of ammunition. […]