Author: Ifetayo Adeniyi

Otedola gives Geregu Power control to Ma’am Energy MA’AM Energy Limited has taken control of 77 per cent of Geregu Power Plc following a restructuring of the ownership of its majority shareholder, bringing to an end the indirect control previously held by billionaire businessman Femi Otedola. However, Nairametrics reports that the transaction amounted to $750m, stating that billionaire investor Otedola has exited Geregu Power Plc by divesting his 77 per cent controlling stake in the company. “Billionaire investor Femi Otedola has exited Geregu Power Plc in a landmark $750m transaction that sees him divest his 77 per cent controlling stake…

NNPC takes step towards selling stakes in assets –Report This proposed stake sales could assist unlock capital, improve asset performance. The Nigerian National Petroleum Company Limited has begun moves to sell stakes in some of its oil and gas assets, a new report by Reuters has revealed. This is as the state-owned energy firm seeks to optimise its portfolio and attract fresh investment into the sector. An invitation document released on Monday indicated that the national oil company has solicited bids from interested investors, although it did not disclose the size of the stakes on offer or the amount it…

2027 Elections: Ogun ADP Offers Governorship Ticket To Showunmi After LP Otunba Segun Showunmi Labour Party recently endorsed him as governorship candidate. The race to the seat of power come 2027 in Ogun State Southwest Nigeria has started as Ogun PDP Chieftain, Otunba Segun Showunmi is being wooed into the 2027 governorship race in the State. A meeting held in Otunba Segun Showunmi’s Country home in Abeokuta, the Ogun State Capital which had the political leaders of Action Democratic Party (ADP) across the twenty local government in Ogun State unanimously endorsed asked Otunba Segun Showunmi to come contest as…

Funke Akindele’s ‘Behind The Scenes’ makes ₦1.1bn in less than 20 days Nollywood Film Behind The Scenes has crossed the ₦1.1 billion mark at the box office, just 19 days after its cinema release. The new milestone was announced on Monday via social media posts by the film’s lead star and producer, Funke Akindele, and its distributor, FilmOne Entertainment. Taking to her X page, the 48-year-old actress expressed gratitude to fans and collaborators while confirming the film’s international rollout. She wrote, “Forever grateful to God and my fans. Thank you for the love and support over the years. Big thanks…

NANS seeks public education, review, before implementation of new tax law … says not all Nigerians are on social media platforms to be well informed. The National Association of Nigerian Students has called on the Federal Government to immediately suspend the planned implementation of the newly introduced Tax Reform Law, citing poor public enlightenment and alleged alterations to the version passed by the National Assembly. The student body made the demand in a statement signed by its National President, Olushola Oladoja, and made available to PUNCH Online on Monday, ahead of the law’s scheduled commencement on January 1, 2026. While…

Find ways to retrieve tax ID online with NIN, CAC – JTB The Joint Tax Board of Nigeria has made it easier for Nigerians to access their Tax Identification Number (Tax ID) online, eliminating the need for a separate registration process. The Tax ID, a unique 13-digit number, is required for tax administration and banking purposes. According to a post obtained from the Joint Tax Board of Nigeria’s X handle on Monday, the board, now known as the Joint Revenue Board and the Nigerian Revenue Services, formerly known as the Federal Inland Revenue Service, have announced the launch of the…

NCC Presents Cybersecurity Tips To Help Consumers Stay Safe Online, See A~Z One of the guides is keeping software and antivirus tools updated. The Nigerian Communications Commission (NCC) has unveiled a comprehensive set of “A–Z cybersecurity tips” to help telecoms consumers reduce exposure to cyber threats and protect their online identities. The initiative forms part of the Commission’s ongoing consumer education and sensitisation programmes aimed at promoting safer internet use across Nigeria. According to the NCC, the growing dependence on digital tools,such as smartphones, computers and the internet has made consumers more vulnerable to cyber risks including hacking, scams, malware…

LG MICRO RGB EVO: LG’S MOST ADVANCED LCD TV POWERED BY THE PRECISION OF OLED’S AI PROCESSOR Company’s Award-winning Micro RGB evo Sets a New Standard for Triple Color Coverage with 100% BT.2020, DCI-P3, and Adobe RGB Intertek Certification LG Electronics (LG) will unveil its first-ever flagship RGB TV at CES 2026 — the LG Micro RGB evo, a CES 2026 Innovation Awards winner.[1] Employing Micro RGB Technology and LG TV’s smallest individual RGB LEDs, this display marks a significant step forward from MiniLED. The LG Micro RGB evo represents a significant evolution in Micro RGB technology: it uses OLED…

Globe Soccer: Ronaldo emerges Best Middle East Player … annual award to celebrate excellence across global football. Cristiano Ronaldo wins the Best Middle East Player award at the Globe Soccer Awards in Dubai, beating Benzema, Mahrez and Al-Dawsari Portuguese football icon Cristiano Ronaldo has been named Best Middle East Player at the 16th edition of the Globe Soccer Awards, held in Dubai on Sunday. The 40-year-old Al-Nassr forward topped a fan-voted category ahead of fellow stars Karim Benzema, Riyad Mahrez and Salem Al-Dawsari. The award was confirmed by renowned football journalist Fabrizio Romano in a post on social media platform…

Anthony Joshua Survives Highway Collision, Two Lives Lost Tears as two people died in a serious traffic accident on the Lagos-Ibadan Expressway near Makun, Ogun State, earlier today. British-Nigerian boxer Anthony Joshua was among those involved in the collision and survived with minor injuries. The incident occurred when a Lexus SUV bearing registration number KRD 850 HN collided with a stationary truck near the Danco Filling Station. According to witnesses at the scene, two fatalities were confirmed immediately following the crash. Emergency responders extracted Joshua from the damaged vehicle. Medical officials at the scene reported that the athlete sustained only…