TheCable News

Peter Obi, presidential candidate of Labour Party (LP), has named Datti Baba-Ahmed, founder of Baze University, as his running mate for the 2023 presidential election.  Obi unveiled his running mate at an event in Abuja on Friday. The development comes less than 24 hours after Doyin Okupe, former senior special assistant on […]

The first casualty of capricious election seasons in Nigeria is security. Governance is abandoned, and all efforts and expense are dissipated on party politics. Nigeria’s security insalubrity is deteriorating steeply as the 2023 elections close in. It is all reminiscent of the build-up to the 2015 elections when ubiquitous violence seized the country and […]

The naira has depreciated to N615 a dollar at the parallel market ahead of a two-day holiday for Eid-el-Kabir. The figure represents N1 or 0.2 percent depreciation compared to the N614 it traded last week. Bureaux De Change (BDC) operators in Lagos told TheCable on Friday that there is high demand for forex at the […]

Nigeria’s oil production increased to an average of 1.16 million barrels per day (bpd) in June from 1.02 million recorded in May 2022. The figure rose more than 133,000 bpd, representing a 0.13 percent increase from May 2022 output. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said this in its latest crude […]

Thirteen residents of Kunkuna village in Safana LGA of Katsina state have been reportedly injured following an air strike conducted by the Nigerian Air Force (NAF). Abduljalal Haruna, a lawmaker in the Katsina state house of assembly, who confirmed the development on Thursday evening, said the incident occurred shortly after the attack on […]

Senate President Ahmad Lawan has expressed reservations over the security setup at the Kuje correctional facility in the federal capital territory (FCT). The facility was attacked on Tuesday, with hundreds of inmates — including all Boko Haram suspects at the centre — said to have escaped. Speaking when he visited the facility […]

Ali Ndume, lawmaker representing Borno south senatorial district, says he is “disappointed” in the response of leaders regarding the attack on a correctional facility in Kuje council area of the federal capital territory (FCT). Gunmen attacked the prison with explosives on Tuesday night, freeing hundreds of inmates — including “all Boko Haram suspects” […]