Author: Ifetayo Adeniyi

Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

TikTok star Peller turns away from school just days after admission Peller Popular TikTok content creator Peller, whose real name is Habeeb Hamzat, has announced his decision to quit his university education, just days after celebrating his admission to study law at a private university in Lagos State. He had revealed this during a live session on TikTok, where he cited financial concerns and the potential impact of schooling on his income as reasons for the decision. According to the influencer, spending long hours in class without earning money was frustrating and unsustainable for him at this stage of…

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Nigeria To Achieve Daily Crude Production Of 146,000 From Chevron-NNPC New Discovery By Elegbede Abiodun Chevron-NNPC New Discovery Shell plans to invest $20 billion in the Bonga South West deepwater project. A joint venture operated by Chevron has made an oil and gas discovery offshore Nigeria as international majors bolster exploration amid the top African producer’s efforts to boost hydrocarbon output and offer more favourable terms for investments. The Nigerian National Petroleum Company Limited (NNPCL) on Monday hailed Chevron Nigeria Limited (CNL), operator of the NNPC Ltd/CNL joint venture, on the successful completion of the Awodi-07 appraisal and exploration well…

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2026 UTME: Essential Things Candidates Should Know on Registration By Elegbede Abiodun With the sale of registration forms for the 2026 Unified Tertiary Matriculation Examination (UTME) going on nationwide, the Joint Admissions and Matriculation Board (JAMB) has assured prospective candidates of a smooth, transparent and efficient registration process. While many secondary school leavers and other applicants prepare to take this crucial step towards tertiary education, understanding the rules, timelines and requirements is essential to avoid costly mistakes. JAMB had said it already put robust mechanisms in place to guarantee top-notch service delivery throughout the registration exercise. Candidates are therefore…

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Presidency, Sterling One Foundation Co-host Africa Social Impact Summit Policy Engagement By Elegbede Abiodun Vice President, in a statement, said Nigeria’s future prosperity would depend on the effectiveness of collaboration across sectors. The Office of the Vice President to co-host the 2026 Africa Social Impact Summit (ASIS) High-Level Policy Engagement, as stakeholders converge to deepen policy reforms and mobilise partnerships accelerating inclusive growth and national development. Co-hosting with the Sterling One Foundation, the engagement is positioned as a national platform for translating continental development commitments into concrete, country-level action. It will align policy reform efforts, private-sector mobilisation, and development…

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World Bank Mobilises $5bn Private Capital, Commits $2.5bn To Nigerian Suppliers In 5 Years By Elegbede Abiodun Vincelette said Nigerian companies have already benefited significantly from the Bank’s procurement activities. The World Bank Group said it had committed more than $2.5 billion to Nigerian suppliers over the past five years, funding projects spanning infrastructure, healthcare and education, as its private sector arm, the International Finance Corporation, mobilised $5 billion in private capital into the country last year to support businesses and job creation. Speaking at a seminar on procurement and investment opportunities under World Bank Group-financed projects, vice president,…

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Cost of Imported petrol lower compare to Dangote Elegbede Abiodun Megastarmagazine reported that the landing cost of imported Premium Motor Spirit (petrol) is now lower than the gantry price of the commodity from the Dangote Petroleum Refinery, following the refinery’s decision to hike prices. According to data from the Major Energies Marketers Association of Nigeria the landing cost of imported petrol was N728.88 per litre as of last week. On Monday night, the Dangote refinery announced an increase in its gantry price of petrol from N699 to N799 per litre. The new price increase means that Dangote’s gantry price…

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CBN approves temporary use of expired NAFDAC licences for imports Central Bank of Nigeria has approved a temporary window allowing importers to use expired National Agency for Food and Drug Administration and Control licences for import documentation, offering short-term relief to businesses affected by system changes in Nigeria’s trade processing framework. In a circular issued on January 26, 2026, by its Trade and Exchange Department and published on the bank’s website on Tuesday, the CBN said authorised dealer banks may continue to process Form M applications with NAFDAC licences that expired on December 31, 2025. The approval, which takes…

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Facebook to showcase opportunities, presenting creator tools at Lagos summit Elegbede Abiodun The event provides a platform to demonstrate that Facebook is all about connecting people. Facebook will take centre stage at the 2026 African Creators Summit, offering on-ground experiences aimed at connecting with the continent’s expanding digital talent. The summit, scheduled for Thursday, 29 January, at Lagos’s Federal Palace Hotel, brings together creators, storytellers, innovators, and digital entrepreneurs. This year’s theme, “Building a Sustainable Ecosystem Where Africa Trades Its Swag”, dovetails with Facebook’s push to equip creators with tools that foster audience growth, monetisation, discovery, and community engagement.…

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Manny Ita In a structural shift that has redefined the regional entertainment landscape, Nollywood has officially surpassed Hollywood to become the primary revenue driver in the West African cinema market. Data released by FilmOne Entertainment in January 2026 confirms that for the first time in recorded history, local Nigerian productions accounted for 49.4% of the total box office gross, narrowly edging out Hollywood’s 48.8%. This milestone represents a significant leap from 2024, when Hollywood maintained a majority share of 52% against Nollywood’s 46%. ​The regional box office closed the 2025 calendar year with a historic ₦15.6 billion (approximately $10.4 million)…

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Manny Ita Nigerian designer Toluwani Wabara, the creative force behind Wanni Fuga, debuted a high-profile sustainable collection at the 8th edition of Nairobi Fashion Week (NFW) this week in a landmark moment for West African fashion on the continental stage. Representing Nigeria as a headline international designer, Wabara’s showcase aligned with the 2026 event theme, “Decarbonize,” which challenged creators to merge high-end aesthetics with environmental accountability and circular design principles. ​The collection, showcased at the Sarit Expo Centre in Nairobi, received critical acclaim for its “polished craftsmanship” and signature “soft-structured” silhouettes. Industry analysts noted that the pieces successfully translated Wanni…

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