The National Film and Video Censors Board (NFVCB) has congratulated leading Nollywood actress and filmmaker Funke Akindele on the record-breaking box office performance of her latest film, Behind The Scene (BTS), which has grossed over ₦2.4 billion at the Nigerian box office. In a statement issued by Dr. Shaibu Husseini, Executive Director/CEO of the Board, the NFVCB described the achievement as a landmark moment for Nigerian cinema, noting that the film’s continued strong cinema run further cements Akindele’s status as one of Nollywood’s most commercially successful figures. The Board highlighted Akindele’s remarkable consistency, observing that she has now delivered…
Author: Elvis Eromosele
Nigeria’s telecom operators face potential penalties of N12.4 billion as the Nigerian Communications Commission (NCC) launches its toughest enforcement of Quality of Service (QoS) standards in years. The regulator said the fines arise from multiple breaches and are already in regulatory processing, with pre-enforcement notices issued to affected operators. “This is about ensuring sanctions retain their deterrent effect,” the NCC said, confirming that its Enforcement Processes Regulations are being updated to introduce stricter penalties and new communications-related offences. The crackdown follows a directive by Communications Minister Bosun Tijani mandating automatic penalties for poor network performance. Revised QoS regulations issued…
The Lagos State Pension Commission (LASPEC) has stepped up efforts to deepen pension literacy among public servants, taking its awareness campaign directly to workers across the Alausa Secretariat in Ikeja. The day-long programme focused on educating officers on their rights, responsibilities and terminal benefits under the Contributory Pension Scheme (CPS). In a symbolic move, LASPEC officials, alongside Pension Fund Administrators (PFAs) and annuity providers, embarked on a walk from the Office of the Head of Service to the Budget Office, signalling a shift from desk-based engagement to direct outreach. Teams were subsequently deployed to ministries, departments and agencies (MDAs)…
For nearly two decades, Nigerians who earned income online or sold goods to international customers lived with a frustrating paradox: PayPal allowed them to send money abroad, but not receive it. The restriction forced freelancers, creators, e-commerce sellers and families to depend on costly intermediaries, informal channels, and complex banking workarounds simply to get paid. That chapter has now closed. PayPal has restored full payment functionality to Nigeria through a strategic partnership with local fintech firm Paga, enabling Nigerians to receive international payments and withdraw funds in naira. The move marks more than a technical upgrade; it is a…
Türkiye is targeting a $5 billion trade volume with Nigeria, President Recep Tayyip Erdogan said on Tuesday during talks with President Bola Ahmed Tinubu in Ankara, signalling a renewed push to deepen economic ties between both countries. The commitment was announced at a joint press briefing as part of Tinubu’s ongoing state visit to Türkiye, according to a statement by Nigeria’s presidential spokesperson, Bayo Onanuga. Erdogan said both leaders reviewed bilateral relations across key sectors and agreed to scale up cooperation in trade, investment, energy, education and defence. “To achieve our $5 billion trade volume target, we discussed the necessary…
Cadbury Nigeria Plc staged a strong turnaround in 2025, posting a profit before tax of N17.2 billion, a sharp reversal from the N28.3 billion loss recorded in the previous year, driven by higher sales, tighter cost control and a steep drop in foreign exchange losses. The recovery was disclosed in the company’s unaudited financial statements filed on January 27, 2026, and capped a year of steadily improving performance. Momentum strengthened in the fourth quarter, with pre-tax profit rising 68.6 per cent to N3.4 billion, compared with N2.04 billion in the same period of 2024. Revenue climbed 31.5 per cent…
Coco Gauff has called on tournament organisers to provide greater privacy for players following the broadcast of footage showing her smashing a racquet after her Australian Open quarter-final defeat. The 21-year-old American suffered a heavy 6-1, 6-2 loss to Ukraine’s Elina Svitolina in a one-sided match that lasted just 59 minutes. Gauff struggled throughout, serving five double faults, committing 26 unforced errors and hitting only three winners. Although the racquet smash did not occur on court, cameras captured the moment in the players’ area, with the footage later aired on television and shared on social media. Gauff said she…
Professor Chidi Odinkalu, human rights lawyer and former Chairman of the National Human Rights Commission, has delivered a scathing critique of Nigeria’s governance structure, warning that excessive foreign influence and weakened domestic accountability are eroding the country’s sovereignty. In a satirical post shared on his official X (formerly Twitter) handle, Odinkalu used irony to question who truly controls critical sectors of national life. “In Nigeria: America is in charge of security. France is in charge of taxes. UAE is in charge of healthcare. Screwdriver guy in Onitsha oversees intelligence. officialABAT is in charge of defections to OfficialAPCNg,” he wrote.…
Ikeja Hotels Plc delivered a strong earnings performance in the 2025 financial year, recording a profit before tax of N12.56 billion, up 47.3 per cent from N8.54 billion in 2024, driven by stronger hotel operations, higher finance income and the elimination of finance costs. The performance was disclosed in the company’s unaudited financial statements filed with the Nigerian Exchange (NGX) on January 27, 2026. Revenue rose sharply by 37.8 per cent to N25.84 billion, supported by improved room occupancy, higher room rates and increased event-related activities across the group’s hotel portfolio. Despite a rise in operating costs, revenue growth…
In Nigerian politics, relevance is sustained not by past glory but by present alignment. Power flows to those who read the moment correctly, build consensus, and understand when the tide has shifted. Senator Gbenga Daniel’s recent political miscalculations within the Ogun State chapter of the All Progressives Congress (APC) offer a stark reminder of this enduring truth. What was conceived as a bold attempt to assert influence has instead unravelled into a cautionary tale of overreach, isolation, and diminishing political capital. Once a dominant force as Ogun State governor and now senator representing Ogun East, Daniel appeared determined to recreate…