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Billionaire Businessman, Femi Otedola Sells Shares In Geregu Power For N1trn

Billionaire businessman Femi Otedola has sold his majority stake in Geregu Power Plc for N1.088 trillion, in a transaction funded by a consortium of banks led by Zenith Bank Plc.

The Nigerian Exchange, NGX, made this announcement on Monday.

Otedola’s Amperion Power Distribution Company Ltd reportedly held nearly 80 percent of the power generating company.

With this new development, Otedola, Chairman of First Holdco Ltd, parent company of First Bank of Nigeria Plc, will reportedly now concentrate on expanding his interest in the Nigerian banking sector, although he still retains some shares in Geregu.

Otedola is said to currently own 17.01 percent of First Bank — its single largest shareholder since the bank was established in 1894.

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The Moment Tiwa Savage Broke Into Tears On Stage While Performing ‘Somebody’s Son’ At Cotonou Concert (Video)

A video showing Tiwa Savage in tears during her performance at the WeLovEya Festival in Cotonou, Benin Republic, has emerged on social media.

The festival, which held on Saturday and Sunday at Amazon Square in Cotonou, featured performances from some of Africa’s biggest music stars, including Burna Boy, Wizkid, and Davido.

During her set, Savage performed ‘Somebody’s Son’, one of her hit songs released in 2021.

The track, which features American singer Brandy, reflects on her longing for true love and emotional fulfilment.

While performing the song solo, the 45-year-old singer became visibly emotional and broke down in tears, struggling to continue the performance.

In circulating videos from the event, concertgoers could be heard cheering her on as she tried to sing through the moment.

Savage was previously married to Tunji ‘TeeBillz’ Balogun in 2013, and the union produced a son, Jamal, in 2015. The couple, however, divorced in 2018.

In October, she spoke about her struggles with love, admitting that despite her success in the music industry, finding a genuine life partner has remained challenging.

“Maybe I can be a second wife. I think I can go along with the first wife, and she’s going to love me because I am not going to be troublesome,”
Savage had said.

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Nigerian Actor, Timini Egbuson Sparks Debate With Comments On Support And Entitlement

Nigerian actor, Timini Egbuson has sparked online debate after his recent remarks on support and entitlement, along with the reactions they generated.

In a tweet, Timini stated that nobody owes anyone support, urging people to drop what he described as a false sense of entitlement going into 2025.

He added that when he supports others, it comes from the heart, without expectations, believing that the universe would reward him in other ways.

His statement drew reactions, including a reply from an X user who disagreed and insisted that people you have supported also owe you support in return.

The exchange quickly got people talking, especially when Timini’s earlier position on support resurfaced in conversations.

In a previous tweet, the actor had expressed disappointment that musicians do not support Nollywood the same way actors support their music, suggesting a desire for more mutual backing across creative industries.

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Sport News

Last Video Anthony Joshua Shared Before Getting Involved In Fatal Car Accident Goes Viral

Anthony Joshua’s final social media post before the fatal road accident he was reportedly involved in has surfaced online.

In the video, Anthony Joshua was seen playing tennis with a friend at his family residence in Ogun State, appearing relaxed and in good spirits.

The clip was shared just five hours before the accident, which reportedly claimed the lives of two people.

The video has since sparked emotional reactions from fans and social media users.As of now, authorities are yet to release an official statement detailing the circumstances surrounding the accident.

Watch the video below:

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Go To Hell, You Didn’t Pay My School Fees – Nyesom Wike Hits Seyi Makinde

The Minister of the Federal Capital Territory, Nyesom Wike, has criticised Oyo State Governor Seyi Makinde for addressing him by his first name, “Wike.”

The FCT Minister said it’s a mark of disrespect for the Oyo Governor to have addressed him by his father’s name.

Wike stated this on Monday while fielding questions during his monthly media parley in Abuja.

Wike’s outburst followed claim by Makinde that Wike had promised to hold the Peoples Democratic Party, PDP, for President Bola Tinubu in 2027, a claim Wike denied.

Wike claimed that Makinde was not being truthful about what transpired during the alleged meeting and as well persons who were in attendance.

Wike said: “He didn’t mention former governor of Benue was in the meeting. He didn’t mention former governor of Abia. He didn’t mention former governor of Enugu.

“What was the purpose of that meeting? Who called for the meeting? Did the President call you for the meeting?

“We went and said, look, we want to see President. And the President said, okay, come to the house. We went to the house as usual. And we said, Sir, we are still available. We still work together.

“So what is the issue of saying that we had a meeting?

“To start with, Seyi you cannot, he does not have what it takes to tell me that. He does not. He knows.

“He has never called me Wike. And to hell with him. You heard him say $1 million. Did he pay my school fees? That’s a disrespect.

“That is my father’s name. He can’t do that. He has never done that. He doesn’t have what it takes. Forget he’s a governor.”

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BREAKING: Anthony Joshua Escapes De@th In Road Crash, Two D!e In Ogun (Photos)

World-renowned boxer Anthony Joshua was involved in a car accident today in Makun, Ogun State.

Eyewitnesses report that the incident occurred along a busy highway of the Lagos-Ibadan expressway.

The vehicle carrying Joshua reportedly collided with another car under circumstances that are still being investigated.

According to Punch Metro, an eyewitness, who was also part of the rescue mission, said Joshua sustained minor injuries, saying that two people d!ed on the spot.

Fans have flooded social media with messages of concern, while local authorities continue to investigate the cause of the crash.

More updates on Joshua’s condition are expected shortly.

Below are photos from the scene of the accident.

Details later….

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Sport News

AFCON: My Dad Made Me Do It – Ndidi Explains Nwankwo Kanu’s Goal Celebration

Super Eagles captain Wilfred Ndidi has explained why he celebrated his goal against Tunisia by mimicking Kanu Nwankwo’s iconic celebration at the 1996 Atlanta Olympics against Brazil.

Ndidi scored Nigeria’s second goal of the match after Victor Osimhen had already given them the lead in the first half.

It was Ndidi’s first goal for the Super Eagles, a team he has been part of for more than ten years.

The defensive midfielder recreated the 1996 Olympic goal celebration, famously performed by Nigerian and Arsenal legend, Kanu Nwankwo.

“I just remember my dad; my dad always used to talk about Kanu and everything,”
the former Leicester City star said.

“So I saw the video, and I said, ‘Oh, I’ll do that one for my dad.’”

With the win, Nigeria became the second team to reach the knockout stage of the tournament in North America, joining Egypt as the first two teams to qualify.

Egypt’s 1-0 victory against South Africa on Friday had made them the first team to advance to the next stage of the tournament.

Nigeria’s next game is against Uganda, who have played two games, losing one to Tunisia and drawing with Tanzania.

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We Made You Oyo Governor Despite Your $1 Million – Wike Hits Back At Seyi Makinde (Video)

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has revealed that he played a significant role in Seyi Makinde’s election as Governor of Oyo State in 2019.

Wike stated that Makinde became governor after he and some party leaders provided him with the PDP structure in Oyo State.

He made the disclosure during his end-of-the-year media chat in Port Harcourt, Rivers State, while reacting to Makinde’s claim of making $1 million when he was in law school.

Wike revealed that when he ran for the PDP’s presidential ticket, Makinde never contributed “N1000.”

He said: “I ran for the presidential primary of the PDP. I didn’t see Seyi use one thousand Naira in my primaries. I did not see it even once.

“Secondly, it’s only in Nigeria that I’ve seen someone awarded a job worth one million dollars, and nobody is talking about it.

“But he came to the man who didn’t have one million dollars to help him get structure. We said no, we will not give it to you. We gave it to Teslim. He went to SDP to run as governor and failed with his one million dollars.

“Then, before 2019, he came back. We said no, we are ready to give you structure. I was very grounded in politics, but I had no one million dollars with me.

“But the man who made one million dollars is going around looking for people to help him build a structure. It was when we gave him that structure that Seyi became governor in 2019.”

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Faze Is Not Involved In My Beef With Blackface – 2Baba Opens Up (Video)

Nigerian singer Innocent Idibia, popularly known as 2Baba, has disclosed his former bandmate Faze’s stance in the long-standing feud between him and their other ex-bandmate, Blackface.

Recall that Blackface and 2Face have been involved in an on-and-off feud over the years, with the former repeatedly accusing the latter of intellectual property theft, allegations 2Face has consistently denied.

Addressing fans midway through his performance at the Made in Benue Festival in Makurdi recently, 2Face said Faze has maintained a neutral stance in the dispute between him and Blackface.

He stressed that the rift does not involve Faze in any way.

“You all know that Plantashun Boiz consisted of Blackface, 2Face and Faze. But due to some unforeseen circumstances, Blackface is not with us right now.

“However, no matter the beef wey me and Blackface get, nothing concern Faze inside. So, Faze is right here with me and we will represent Plantashun Boiz,” he said.

The rift between Blackface and 2Face began after Plantashun Boiz disbanded in the 2000s.

Following their split, Blackface blamed 2Face for the breakup and accused him of song theft.

The relationship between the duo has remained strained over the years despite several attempts at reconciliation, with peace efforts often short-lived.

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Late Singer, Mohbad’s Widow, Wunmi Reacts To Reports That She Has Welcomed A Baby Girl

Wunmi, the widow of late Nigerian singer Mohbad, has responded to online reports claiming she recently gave birth to a baby girl following the singer’s de@th in September 2023.

The story began spreading on social media after some photos were shared, with users saying the images showed her with a new baby.

She has now addressed the rumours through her Snapchat story.

Wunmi made it clear that she did not welcome a second child and stated that the photos spreading online are not real.

She also said the claims were misleading and urged people to stop sharing them.

See her reactions below:

Mohbad, whose real name was Ilerioluwa Aloba, d!ed in 2023 under controversial circumstances.

Investigations into his de@th are still ongoing.

Since then, Wunmi has been the subject of fresh attention online, from paternity claims to harassment and now fresh rumours about childbearing.