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In a move to strengthen transparency and efficiency in public sector IT initiatives, the National Information Technology Development Agency (NITDA) has presented its revised IT Project Clearance Guidance Document to key oversight bodies, aligning with President Bola Tinubu’s Renewed Hope Agenda and the national digital economy strategy. The visit focused…

The Central Bank of Nigeria (CBN) has reacted to certain publications  and social media reports which it said contained misleading information regarding the operations of a  regulated financial institution while reassuring the public, depositors, and stakeholders that the  Nigerian banking sector remains resilient, safe, and sound. CBN in a statement…

The Federal Government has completed and commissioned three new dams to boost irrigation for agriculture and power generation and has sealed a major concession deal that has already generated over ₦7.1 billion. Speaking at the ministerial press briefing on Friday in Abuja, the Minister of Water Resources and Sanitation, Engr.…

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…

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…

President Bola Tinubu recently met with suspended Rivers State Governor, Siminalayi Fubara, during a discreet visit to London, The Africa Report has confirmed. The meeting, reportedly initiated at Fubara’s request, marks a dramatic turn in the ongoing political crisis engulfing Rivers State. Though details of their conversation remain undisclosed, sources…

Delta State Governor, Rt. Hon. Sheriff Oborevwori, has officially defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC). The announcement came after a closed-door meeting held Wednesday evening at the Government House in Asaba. Confirming the development, the Governor’s Chief Press Secretary, Sir Festus Ahon, said…

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…