The All Progressives Congress (APC) has dismissed reports that it withdrew the list of its 2027 presidential campaign council, describing the report as fake news. APC National Publicity Secretary, Felix Morka, confirmed to TheCable on Tuesday that the party had not withdrawn the list released over the weekend. Morka said any decision to make changes to …
Members of the Edo State House of Assembly have impeached Speaker Blessing Agbebaku after rejecting his resignation from office. Agbebaku, who represents Owan West Constituency, had resigned as Speaker on August 17 amid moves by lawmakers to remove him from office. Following his resignation, Yekini Idiayi, representing Akoko Edo II Constituency, was sworn in as …
Presco Plc has won its appeal against a Federal High Court ruling that placed interlocutory restrictions on its 2025 Annual General Meeting (AGM), rights issue, and the recognition of its corporate actions by regulators. The Court of Appeal, Benin Judicial Division, on August 21, 2026, allowed Presco’s appeal in its entirety and set aside the …
Daily consumption of Premium Motor Spirit (PMS), also known as petrol, dropped by 25 per cent from 47.4 million litres per day in June to 35.7 million litres per day in July 2026 in Nigeria. This is one of the lowest daily demand levels since mid-2025 and sits well below the regulatory daily demand benchmark …
…Project expected to become one of Nigeria’s largest deep-water developments, targeting 175,000 barrels of oil per day at peak production The Nigerian National Petroleum Company Limited (NNPC) and the contractor parties to Oil Mining Lease (OML) 118 have executed key contractual agreements to advance the Bonga Southwest/Aparo (BSWAp) deep-water project towards Final Investment Decision …
Electricity Distribution Companies (DisCos) across Nigeria have continued to grapple with load shedding across their franchise areas following a sharp drop in available power generation on the national grid. Power generation plummeted to low levels around 800 megawatts (MW) before slightly recovering. Real-time data from the Nigerian Independent System Operator (NISO) grid performance dashboard showed …
The African Export-Import Bank (Afreximbank) and its subsidiaries increased net income by 30 per cent to $534.7 million in the first half of 2026, as stronger lending and higher interest income drove a robust financial performance. Net income rose from $412.7 million recorded in the corresponding period of 2025, while net interest income increased by …
The Nigeria Democratic Congress (NDC) is facing an internal crisis following allegations that the party replaced the winner of its primary election for Port Harcourt Federal Constituency 1, Rivers State, with the incumbent lawmaker. The Social Accountability Forum alleged that Prince Abele Wobo, who won the party’s direct primary conducted on May 29, 2026, was …
The vice-presidential candidate of the Nigeria Democratic Congress (NDC), Musa Rabiu Kwankwaso, has faulted the inclusion of Zacch Adedeji, executive chairman of the Nigeria Revenue Service (NRS), and Taminu Yakubu, director-general of the Budget Office of the Federation, in the All Progressives Congress (APC) presidential campaign council for the 2027 elections. Kwankwaso urged Nigerians to …
Rivers State Governor Siminalayi Fubara has urged judges to consider the broader impact of their judgments on the country and uphold integrity in the administration of justice. Fubara made the call on Saturday at the 66th annual conference of the Nigerian Bar Association (NBA) in Port Harcourt, Rivers State. The governor said political manipulation, undue …
