Africa
Nigeria: Mokwa Flood Not Caused by Dam Release, Says Minister
The recent flood disaster in Mokwa, Niger State, was not triggered by any release from the Kainji or Jebba dams, which remain “intact and safe,” according to the Minister of Water Resources and Sanitation, Engr. Prof. Joseph Utsev. Speaking at a press briefing on Tuesday in Abuja, Prof. Utsev commended…
Read More »Samsung, SuperSport, Others Back 4th Cycling Lagos Holding June 28
Samsung, SuperSport, Leadway Assurance and other leading brands have confirmed their support for the upcoming 4th edition of Cycling Lagos, now scheduled to hold on Saturday, June 28th, 2025. The 2025 edition, proudly sponsored by Samsung, also enjoys the support of Nestlé Nigeria Plc, Evans Baroque, Mountains Energy Solution the…
Read More »Cardoso Named African Banker Central Bank Governor of the Year
Central Bank of Nigeria (CBN), Governor Olayemi Cardoso was named Central Bank Governor of the Year at the 2025 African Banker Awards Gala, held on Wednesday, May 28, 2025, in Abidjan, Côte d’Ivoire. The award, presented by African Banker magazine, recognizes Cardoso’s “bold and strategic” leadership in steering monetary and…
Read More »Nigerian Air Force Conducts Precision Airstrikes Against Oil Theft in Niger Delta
*Destroyed 49 illegal cooking tanks, 16 boats between January to May 2025* ConcisedailyNews – The 115 Special Operations Group of the Nigerian Air Force, which serves as the air component of Operation Delta Safe (OPDS), has stated that its airstrikes targeting crude oil theft and illegal refining operations in the…
Read More »NLNG boss makes case for gas to replace dirtier fuels to drive energy transition in Africa
The Managing Director and Chief Executive Officer of NLNG, Philia Mshelbila, on Wednesday, called for deliberate efforts for the displacement of dirtier fuels, like biomass, by natural gas to drive energy transition in Africa. Mshelbila made the call during a panel session titled “Diversity of Gas Development Globally” at the…
Read More »Tinubu swears in NNPCL board, seven weeks after appointment
President Bola Tinubu on Thursday officially inaugurated the board and management of the Nigerian National Petroleum Company Limited (NNPCL), nearly two months after their appointment on April 2, 2025. The brief swearing-in ceremony took place at the Presidential Villa in Abuja. Among those inaugurated were Ahmadu Kida, the board’s Non-Executive…
Read More »INEC Establishes Artificial Intelligence Division to Boost Election Integrity
The Independent National Electoral Commission (INEC) has announced the creation of a dedicated Artificial Intelligence (AI) Division under its Information and Communications Technology (ICT) Department. The decision, approved during the Commission’s regular weekly meeting held today, marks a significant step toward integrating cutting-edge technology into Nigeria’s electoral process. According to…
Read More »Air Peace Flies 78 Trafficked Nigerian Women Home from Côte d’Ivoire in Humanitarian Mission
Air Peace has completed a humanitarian mission to repatriate 78 Nigerian women who were trafficked to Côte d’Ivoire under false promises of employment. The airline provided the service at no cost, using a Boeing 737 aircraft (registration 5N-BQV), which departed from Murtala Muhammed International Airport in Lagos and returned the…
Read More »Seplat Energy’s Revenue Rises to N1.228 Trillion in 2025 Q1
Seplat Energy PLC, leading Nigerian independent energy Company listed on both the Nigerian Exchange and the London Stock Exchange, has announced its audited results for the three months ended 31 March 2025, recording a revenue of N1.228 trillion for the period from N268.6 billion reported same quarter last year. Its…
Read More »CBN Announces Revised Documentation Requirements for PAPSS Transactions in Nigeria
ConcisedailyNews – The Central Bank of Nigeria (CBN) is pleased to announce a significant review of the documentation requirements for transactions conducted through the Pan-African Payment & Settlement System (PAPSS) in Nigeria. This initiative is part of CBN’s ongoing commitment to foster seamless intra-African trade, financial inclusion, and operational efficiency…
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