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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…

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…

In continuation of its 2025 Annual National Food Intervention Programme, the Aliko Dangote Foundation (ADF), has distributed 50,000 bags of rice to poor and vulnerable families in Kebbi and Gombe States. Flagging off the distribution of the intervention in Aliero Local Government Area of Kebbi State on Thursday, the Kebbi…

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.…