TheCable News

A federal high court sitting in Abuja has sacked 17 members of the Ebonyi state house of assembly who defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC). David Umahi, the state governor and his deputy, had in November 2020 left the PDP and joined the APC. Umahi […]

The price of automotive gas oil, also known as diesel, has hit N625 per litre in some fuel stations. The new development is 4 percent higher than the N540/litre it sold last week — and about a 30 percent increase in the two weeks. TheCable had reported that the ex-depot price crossed N500/litre, causing […]

Nigeria on Monday recorded two cases of COVID-19. Here are five updates about the pandemic this Tuesday.  Moderna to build mRNA vaccine plant in Kenya Moderna says it has reached a memorandum of understanding (MoU) with Kenya to build a COVID-19 vaccine manufacturing facility in the East African country. […]

Seplat Energy Plc says its deal with ExxonMobil Corporation is valid and subsisting. Seplat Energy responded to media reports which claimed the Nigerian National Petroleum Company (NNPC) Limited had exercised a right of pre-emption under the NNPC/Mobil Producing Nigeria Unlimited (MPNU) joint operating agreement (JOA).  Emeka Onwuka, Seplat’s chief financial officer, clarified […]

Andrew Nice, the driver of the Bus Rapid Transit (BRT) vehicle which was boarded by Oluwabamise Ayanwola, the late 22-year-old fashion designer, says they were attacked by gunmen during the trip. Bamise went missing after she boarded a BRT vehicle from Chevron bus-stop, Ajah, to Oshodi around 7pm on February 26. During […]

Philip Shaibu, deputy governor of Edo, has asked the national leadership of the Peoples Democratic Party (PDP) to “integrate” supporters of Godwin Obaseki, governor of the state, into the party. In 2020, Obaseki, Shaibu and their supporters left the All Progressives Congress (APC) for the PDP following the feud between the governor and […]

Global stock markets fell on Monday as technology stocks tumbled, reeling from Russia’s blockage of access to social media platforms and news sites in the country. Amid its war with Ukraine, Russia completely blocked access to Facebook in retaliation for the platform placing restrictions on state-owned media. Roskomnadzor, the Russian state communications […]