Africa

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…

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…

In a daring twist of the high seas, Nigerian waters witnessed their first attempted sea robbery in four years and it unfolded in dramatic fashion. In a statement released by the Head of Public Relations at the Nigerian Maritime Administration and Safety Agency (NIMASA), Osagie Edward, the agency confirmed that…

Vice President Kashim Shettima has urged Ministries, Departments, and Agencies (MDAs), along with members of the Presidential Enabling Business Environment Council (PEBEC), to strengthen their collaboration in order to create a more business-friendly environment across Nigeria. Speaking on Wednesday at the closing session of the PEBEC Retreat for heads of…

The 6th African Regional Conference on Irrigation and Drainage (ARCID 2025) wrapped up in Abuja on Wednesday, April 16, with stakeholders across the continent calling for greater investment, stronger regional partnerships, and inclusive participation to revolutionize water resource management and irrigation systems in Africa. At the closing ceremony, the Minister…

Nigerian National Petroleum Company Limited (NNPCL), Chief Corporate Communications Officer, Olufemi Soneye has been named the 2025 Spokesperson of the Year by the Nigerian Institute of Public Relations (NIPR). Soneye triumphed over top contenders including Shell’s Igo Weli, NIMASA’s Osagie Edward, Nigeria Police Force’s ACP Olumuyiwa Adejobi, and Sifax Group’s…

The Federal Government of Nigeria will launch an e-visa system and digital landing/exit cards to enhance national security, according to Mr Festus Keyamo, Minister of Aviation and Aerospace Development. Speaking on Wednesday in Abuja when he received a delegation led by the Minister of Interior, Mr Olubunmi Tunji-Ojo, he said…

The Nigeria Deposit Insurance Corporation (NDIC) has confirmed that it would begin the payment of the first tranche of liquidation dividends to depositors of Heritage Bank from April. It would be recalled that Heritage Bank operating licence was revoked by the Central Bank of Nigeria (CBN) on June 3, 2024.…

The Central Bank of Nigeria (CBN) has reported a substantial improvement in its Net Foreign Exchange Reserve (NFER) position as of the end of 2024, reflecting a substantial improvement in the country’s external liquidity, reduced short-term obligations, and renewed investor confidence. According to the CBN, NFER stood at $23.11 billion,…

The United Kingdom government has released names and addresses of no fewer than 58 dead Nigerians with unclaimed estates. According to an updated list released on Monday, March 24, a total of 5,806 people from different countries including 58 Nigerians died with no one to claim their properties. The estates belonging to…