news and current affairs.
Tiwa Savage schools Jamil in humility, not luxury
Tiwa Savage is actually making her son fly economy to build his character because she refuses to raise an entitled brat despite her massive wealth. The Afrobeats star claims limiting luxury privileges for Jamil ensures he develops genuine ambition instead of relying on parental success. She referenced business mogul Ibukun Awosika while arguing that handing children everything destroys their drive to chase dreams or solve problems. Savage believes constant comfort leaves kids without the necessary hunger for achievement. Real-world application involves forcing Jamil into the cheap seats on commercial flights. The ten-year-old apparently hated the experience and complained about neck pain or lack of legroom, while his mother simply...
Nollywood lights up January with five must-see films
Nigerian cinemas are absolutely feasting right now with five massive local blockbusters dominating screens. Funke Akindele proves her box office dominance yet again with Behind The Scenes, which features Scarlet Gomez as a wealthy real estate mogul getting drained dry financially due to greedy relatives. That drama highlights emotional exhaustion alongside stars like Tobi Bakre and Iyabo Ojo. Meanwhile, Toyin Abraham Ajeyemi leads Oversabi Aunty as a hyper-religious busybody ruining everything around her. This comedy features Mike Ezuruonye while exploring how excessive righteousness eventually backfires during a chaotic wedding introduction. Niyi Akinmolayan directs Colours of Fire, where Uzor Arukwe plays a warrior refusing to kill...
Over 5 million Nigerians are still stuck with estimated power bills
Millions of Nigerians remain stuck paying phantom bills because the metering situation effectively sucks. The Nigerian Electricity Regulatory Commission revealed that over five million customers lack proper measurement devices, which leaves them vulnerable to whatever random number distribution companies decide to invent. Only roughly half of the twelve million active users possess actual hardware, according to third-quarter data from 2025. Total installations barely budged despite huge gaps in coverage. Ibadan, Aba, and Abuja topped the charts for deploying new units, while regions like Port Harcourt and Jos absolutely faceplanted with massive drops in performance. Aba specifically saw a massive surge in activity compared to the...
Nigeria’s power play heats up with $750M Geregu deal
Nigeria’s power grid finally gets cash, but regulars remain skeptical about actual lights staying on because stakeholders agreed that finance remains the linchpin for solving electricity woes. President Tinubu estimates the sector needs twenty-three billion dollars for electrification, while United Nations data identifies funding as the key gap despite supply jumping fifty percent recently. MA’AM Energy dropped a massive seven hundred fifty million dollar bag to control Geregu Power via Amperion Power Distribution Company. This acquisition transferred majority influence away from Femi Otedola while keeping Akin Akinfemiwa as CEO to manage transitions. Senator Abdul-Aziz Yari leads the fresh board following this distinct ownership...
CBN rolls out bank customers’ bill of rights
The Central Bank of Nigeria just dropped a massive reality check on financial institutions by demanding they treat people better while Olayemi Cardoso watches the market like a hawk. He claims zero tolerance for compliance violations and insists everyone needs proper education to avoid getting scammed or wrecked through bad decisions. Regulators released a specific watchlist for the Bank Verification Number system, which flags anyone caught doing shady stuff or committing fraud. They warned users to fix issues immediately if listed and to stop spending money they do not have on useless luxury items instead of essentials like food or rent. A fresh document officially establishes that individuals deserve clear information, fair choices...
Idowu becomes first female head of Nigeria’s credit institute
A massive glass ceiling just shattered within the Nigerian credit management industry. Dr. Markie Idowu recently took over as the first female President and Chairman of the Governing Council for the National Institute of Credit Administration. She previously served two terms as the second-in-command before ascending to lead this statutory body of professionals. She currently directs a squad of eight other distinguished council members. This group features Professor Chris Onalo acting as Registrar alongside Engr. Prof. Amieyeofori Valentine Felix, who functions as the new Vice-Chairman. The roster also lists Dr. Thomas Imokhai, Eunice Oghomwen Sampson, Dr. Wosilat Adebayo, Engr. Owoyemi Alaba and Alhaji Sada Ladan-Baki. Idowu brings...
CAP certifies first batch of painters with NABTEB
Painters finally get a real badge of honor instead of just guessing colors because Chemical and Allied Products PLC successfully ran its first set of official assessments for students at its academy. This paint manufacturer partnered with the National Business and Technical Examinations Board to evaluate thirty-one individuals on both book smarts and actual wall-painting skills. That collaboration officially started in September 2025 with the specific goal of forcing the decorative arts sector to take itself seriously. Combining industry knowledge with federal standards ensures these trainees actually learn useful techniques while earning credentials that might help them land legitimate jobs later. Managing Director Bolarin Okunowo...
SEC exposes fake Voya investment scam in Nigeria
Regulators just slammed a fake investment platform for pulling a classic certificate scam. The Securities and Exchange Commission explicitly labeled Voya Investment Management an illegal operation running a fraudulent scheme. VIM reportedly parades a forged identity verification document while claiming they hold valid licenses to trade Nigerian stocks. Officials say this entity operates through investments.voya.com and lies about government supervision to trick people. The commission clarified that it never issues identity verification certificates and confirmed that VIM lacks registration for any capital market activity. Engaging with them apparently carries zero protection for victims. Complaints regarding VIM suggest it functions...
Kale names 5 sectors to power Nigeria’s 2026 growth
Yemi Kale dropped a reality check on Nigeria’s fake economic diversity while listing growth sectors. That ex-boss of the National Bureau of Statistics claims five specific areas will carry the country economically in 2026. He named ICT, construction, energy refining, agro-processing, and general services as the main drivers during a Firstbank event. Kale currently works for AfreximBank and believes tech will expand fastest thanks to fintech and broadband upgrades. He expects construction to boom from government spending while local refining finally cuts down fuel imports. Agriculture should also see gains because of better trade agreements and logistics improvements. The economist warned that lower inflation might help retail or...
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