Funke Akindele Fans Outraged Over Major AMVCA “Snub”

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May 14, 2026

A TikTok video by @nollywood_network shows thousands of fans venting their frustration after Funke Akindele’s record-breaking film *Behind The Scenes* failed to clinch the “Best Movie” and “Best Supporting Actress” awards at the 12th AMVCA. Despite grossing over N2 billion at the box office and dominating cultural conversations, the film lost out to Linda Ejiofor’s *The Herd*.

Akindele, who played the role of Adetutu Fernandez—a character navigating the complexities of “black tax”—was widely expected to win based on fan polls and critical acclaim. The loss has reignited debates about the criteria used by the AMVCA jury versus public sentiment.

Social media has been flooded with “Justice for Funke” hashtags, with many arguing that commercial success and cultural impact should carry more weight in award deliberations. Some fans have even suggested that the awards are biased against “box office queens.”

Despite the lack of wins, the film remains a massive success, proving that Akindele’s “Midas touch” in the Nigerian cinema space is still very much intact.

**Punch Newspapers** noted that “Funke Akindele emerged as one of the most discussed snubs,” adding that many believed her role “deserved stronger recognition.” On X (formerly Twitter), entertainment commentator **Steve Chuks** posted: “Awards are great, but the numbers and the impact don’t lie—Funke is still the GOAT.”

**Echotitbits take:**

The tension between “critical darlings” and “commercial giants” is a tale as old as time, but in Nollywood, it’s becoming a flashpoint. This snub might actually benefit Akindele by cementing her “underdog” status among the masses, despite her massive wealth. Expect her next project to double down on relatable, grassroots storytelling.

Source: Punch Newspapers — https://punchng.com/full-list-biggest-award-snubs-from-2026-amvca-night/ May 10, 2026

Photo Credit: Facebook

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Manchester United Seals 2027 Champions League Return

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Bob Echols’s

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May 14, 2026

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According to **PUNCH Online**, Manchester United has officially secured its spot in the 2026/27 UEFA Champions League league phase. The Red Devils confirmed their return to Europe’s elite competition following a hard-fought 3-2 victory over rivals Liverpool at Old Trafford, ensuring they cannot drop out of the top five.

The win marks a significant milestone for the club, which has struggled for consistency in recent years. Under the current expanded format, the Premier League has secured five qualification spots, with United joining Arsenal and Manchester City as the first three English teams to be mathematically confirmed for next season.

This qualification provides a massive financial boost and a powerful recruitment tool for the upcoming summer transfer window. Fans are already buzzing about the potential of seeing “European Nights” return to the Theatre of Dreams on a regular basis.

With major European leagues concluding over the next two weekends, the Red Devils can now focus on their final league standings without the pressure of a qualification race hanging over their heads.

The official **UEFA Access List** updated on Tuesday confirms United’s entry, with **The Mirror** noting: “Ten Hag has delivered the primary objective in a season defined by grit and tactical evolution.” **Sky Sports** analyst Gary Neville commented on-air: “The job is done; United are back where they belong, and the focus must now turn to closing the gap on the title.”

**Echotitbits take:**

Securing UCL football this early allows United to bypass the frantic “last-day” scramble, giving them a head start in the transfer market. For a club in transition, this stability is priceless. Watch for United to be linked with high-profile defensive targets now that the Champions League revenue is guaranteed.

Source: ESPN — https://www.espn.com/soccer/story/_/id/48662874/manchester-united-win-liverpool-seals-champions-league-return May 12, 2026

Photo Credit: Instagram

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Kemi Adetiba Teases New Epic “The Stool”

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Bob Echols’s

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May 14, 2026

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In a post shared by @kemiadetiba on Instagram, the visionary filmmaker behind *King of Boys* has officially unveiled the title of her next major project: *The Stool*. Described as an epic film, the announcement has sent ripples through the Nollywood community, as fans have been eagerly awaiting her next move.

The teaser image shared on her handle suggests a dive into traditional royalty and power struggles, a theme Adetiba has mastered in contemporary settings. While plot details remain under wraps, the title alone has sparked speculation about a historical or heritage-based drama.

Adetiba has been a pioneer in creating high-stakes, “prestige” Nollywood content, and *The Stool* is expected to follow that trajectory. Production is rumored to involve a massive ensemble cast, with fans already “fan-casting” their favorite veterans in the comments.

As one of the most respected directors in the industry, her foray into the “epic” genre marks a significant shift from her recent urban crime dramas.

**Nigerian Entertainment Today** noted that “Adetiba has officially teased her next major project,” sparking immediate viral interest. **BellaNaija** added: “If anyone can redefine the Nigerian epic for a global audience, it’s Kemi Adetiba. The anticipation is already sky-high.”

**Echotitbits take:**

Kemi Adetiba doesn’t just make movies; she makes events. By moving into the “epic” space, she is likely looking to capitalize on the global appetite for authentic African historical narratives (think *The Woman King* but with a purely Nollywood lens). This project will be one to watch for major streaming platform bidding wars.

Source: The Nety — https://thenet.ng/kemi-adetiba-unveils-new-epic-film-the-stool/ May 11, 2026

Photo Credit: The Net

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Nollywood Mourns as Alexx Ekubo Passes On After Private Health Battle

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Bob Echols’s

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May 14, 2026

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In a post shared by @silverbirdcinemas, the Nigerian film industry was thrown into deep mourning following the announcement of the passing of acclaimed actor Alexx Ekubo at the age of 40. The beloved star, often called “Chief Ikuku” by fans, reportedly breathed his last at a Lagos hospital after a courageous but private battle with cancer-related complications.

The news has triggered an outpouring of grief across social media platforms, with colleagues expressing shock at his untimely exit. Many fans had recently noted his absence from the social scene, unaware of the health challenges the actor was navigating behind the scenes.

Alexx’s career, which spanned over two decades, saw him rise from a Mr. Nigeria runner-up to a leading man in blockbuster hits like *The Bling Lagosians* and *Omo Ghetto: The Saga*. His charisma and versatility made him a staple in both romantic comedies and high-stakes dramas, earning him a place as one of the industry’s most recognizable faces.

Tributes continue to pour in as the entertainment community grapples with the loss of a talent who was widely respected for his professionalism and vibrant personality.

According to **P.M. News**, actress **Omoni Oboli** expressed her heartbreak on Instagram, stating: “My bestie!!! Why??? Lord! We had a plan! Where do I start from???” while fellow actor **Godwin Nnadiekwe** shared via his verified handle: “Nollywood has lost a rare soul and I’m at a loss for words… To think you already prepared your will.”

**Echotitbits take:**

The death of Alexx Ekubo is a devastating blow to Nollywood, particularly as he was at the peak of his career and influence. Beyond the immediate grief, his passing highlights the growing trend of celebrities choosing to handle serious health issues in total privacy to avoid public scrutiny. Expect a massive series of tributes and potentially a foundation in his name, given his history of humanitarian advocacy.

Source: The Guardian — https://guardian.ng/news/popular-actor-alex-ekubo-passes-away-at-40/ May 13, 2026

Photo Credit: 🌍ALL ANGLES🌍UK

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Entertainment: Conan O’Brien to Host 2027 Oscars as Nigeria Bids for CAF Awards

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Bob Echols’s

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May 13, 2026

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According to **Vanguard**, the international entertainment scene is buzzing with the announcement of Conan O’Brien as the host of the 2027 Oscars. Closer to home, President Bola Tinubu has officially accepted to host the 2026 Confederation of African Football (CAF) Awards in Nigeria, a move seen as a major boost for the country’s sports and entertainment tourism.

The news was validated by **Channels Television** and **The Guardian**. **Channels TV** reported that “Tinubu Backs Nigeria’s Bid To Host 2026 CAF Awards,” while **The Guardian** noted that “NCF names franchise squads for historic Nigeria Super League,” showing a broader revival in Nigerian sports entertainment.

**Channels TV** quoted a presidency source saying, “Hosting the CAF awards will showcase Nigeria’s hospitality and the vibrancy of our creative industry.” **The Guardian** added, “NCF names franchise squads for historic Nigeria Super League” as cricket gains traction.

**Echotitbits take:** Nigeria is aggressively using “soft power” to rebuild its image. Hosting the CAF awards is a strategic move to position the country as Africa’s entertainment hub. With Nigerian music (Afrobeats) already dominating the world, bringing major award ceremonies home is the logical next step.

Source: AP News – https://apnews.com/article/conan-obrien-oscars-host-2027-1ec51998e6a65af8e86e86758c4784c8, May 13, 2026

Photo credit: The Eastern Update

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Lagos Blue Line Hits 3.5 Million Passengers in Landmark Year

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Bob Echols’s

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May 13, 2026

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Reporting by **Premium Times** indicates that the Lagos Blue Line Rail has recorded 3.5 million passengers in its first full year of operations. Daily ridership has surged to 15,000, significantly easing the commute along the Mile 2 to Marina corridor. The Lagos State Government is now looking to accelerate the completion of the Red Line to further decongest the city.

The success of the rail project was also reported by **The Guardian** and **Vanguard**. **The Guardian** noted that “Lagos pitches investment opportunities at summit” using the rail’s success as a case study for PPP models. **Vanguard** focused on the “PEBEC clean-up of the Lagos Port Corridor” which integrates with the rail’s path.

**The Guardian** quoted a Lagos official saying, “The rail has transformed the lives of thousands who no longer spend hours in traffic.” **Vanguard** added that “The Lagos health sector suffers a doctor shortfall,” contrasting the state’s infrastructure wins with its human resource challenges.

**Echotitbits take:** The Blue Line is the “crown jewel” of Lagos infrastructure. Its success proves that Nigerians will embrace public transport if it is clean, safe, and on time. The next big test will be the integration of a unified payment system (Cowry Card) across all transport modes including the new ferries.

Source: Business Day – https://businessday.ng/transport/article/lagos-blue-line-daily-trips-surge-57-8-in-two-years/, May 13, 2026

Photo credit: The Guardian

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New Tax Acts Focus on Low-Income Relief and Corporate Incentives

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Bob Echols’s

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May 13, 2026

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Reporting by **The Nation** indicates that the Federal Government’s new Tax Acts are designed to build trust rather than just increase revenue. Finance Minister Taiwo Oyedele explained that minimum wage earners are now officially exempt from personal income tax. Furthermore, the government is proposing a reduction in Company Income Tax (CIT) to make Nigeria more attractive for Foreign Direct Investment (FDI).

Further reporting by **Daily Post** and **Tribune** confirms that 15 states have already harmonized their tax laws with the federal framework to end multiple taxation. **Daily Post** quoted Oyedele saying, “The situation had become unsustainable because government revenues remained insufficient.” **Tribune** added that “Wealthy Nigerians earning above N20m monthly and owners of private jets should face higher tax obligations.”

**Daily Post** highlighted that “Technology will play a central role… prioritizing data integration and digital filing.” **Tribune** noted that “The premium between the official and parallel rates is now under 2.0 per cent,” assisting tax predictability.

**Echotitbits take:** This is a classic “tax the rich” pivot. By exempting the poor, the government is trying to buy social peace while they go after high-net-worth individuals and corporate entities. The success of this policy depends entirely on whether the “technology-driven compliance” can actually catch tax evaders in the informal sector.

Source: PWC – https://www.pwc.com/ng/en/publications/the-nigerian-tax-reform-acts.html, May 13, 2026

Photo credit: Fidelity Bank

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Tier-One Banks’ Assets Surge to N161.4 Trillion Amid Capital Hikes

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Bob Echols’s

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May 13, 2026

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In an update published by **The Guardian**, the total assets of Nigeria’s five tier-one banks—Access, Zenith, UBA, GTCO, and FBN Holdings—have reached a staggering N161.4 trillion. This growth comes as banks move to meet the Central Bank of Nigeria’s (CBN) new recapitalization requirements. The Chartered Institute of Bankers of Nigeria (CIBN) noted that the changing landscape is forcing banks to prioritize strategic liquidity and risk management.

Supporting reports from **Premium Times** and **ThisDay** confirm that banks like UBA are using this asset base to drive an “Africa Forward” agenda. **ThisDay** noted that “UBA Group reaffirms commitment to Africa’s growth agenda,” while **Premium Times** highlighted that “Four major Nigerian banks have published details of over 321,000 dormant accounts” in compliance with recent CBN transparency directives.

**Premium Times** quoted a financial analyst stating, “Broadening the tax base and simplifying the tax code will help Nigeria transition.” **ThisDay** added that “First HoldCo is currently seeking shareholders’ approval for a N253 billion capital raise” to bolster its position.

**Echotitbits take:** The Nigerian banking sector is becoming a behemoth on the continent. While the asset growth is impressive, the “dormant account” cleanup suggests the CBN is tightening its grip on liquidity to fight inflation. Watch for a wave of mergers as smaller banks struggle to keep up with these N100 trillion-plus giants.

Source: The Guardian – https://guardian.ng/business-services/four-tier-one-banks-earn-n14-9tr-in-one-year-amid-pressure-on-profit/, May 13, 2026

Photo credit: The Guardian

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Dangote Refinery Records Massive Surge in April Fuel Exports

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Bob Echols’s

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May 13, 2026

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Reporting by **Channels Television** indicates that the Dangote Refinery exported 1.66 billion litres of refined fuel in April 2026. This surge is largely attributed to supply disruptions in the Middle East and a growing jet fuel crisis in Europe, which has positioned Nigeria as a critical player in the global energy market. The exports include a mix of petrol, diesel, and aviation fuel.

This development was also highlighted by **The Guardian** and **Daily Post**, which noted that the refinery’s output is helping to stabilize the naira by generating significant foreign exchange. The refinery is currently receiving approximately 39.2 million barrels of crude monthly to sustain this high level of production.

**The Guardian** reported that “Europe’s jet fuel crisis lifts Dangote Refinery’s exports by 75%,” while **Daily Post** confirmed that “Only Dangote Refinery, Ardova, and Navgas currently have consistent depot stocks” as other suppliers face shortages.

**Echotitbits take:** Nigeria is finally transitioning from a net importer to a major exporter of refined products. The geopolitical tensions in the Middle East are providing a “market window” that the Dangote group is aggressively exploiting. Expect the refinery to seek even more domestic crude allocations to meet this burgeoning international demand.

Source: The Guardian – https://guardian.ng/business-services/europes-jet-fuel-crisis-lifts-dangote-refinerys-exports-by-75/, May 13, 2026

Photo credit: Reuters

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Nigeria Misses OPEC Quota Again as Crude Theft Persists

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Bob Echols’s

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May 13, 2026

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Figures cited by **Vanguard** show that Nigeria has once again failed to meet its OPEC oil production quota for April 2026. The country averaged 1.49 million barrels per day (mbpd), falling short of the target due to persistent issues with crude oil theft, pipeline vandalism, and aging infrastructure. This shortfall continues to limit the government’s ability to fully fund its 2026 budget.

Validation of this report comes from **Premium Times** and **Channels Television**, both of which cited the Nigerian Navy’s intensified pressure across “creek corridors” to stop the leaks. **Premium Times** reported that “Oil output hits 1.66mbpd as Navy intensifies pressure,” suggesting a slight uptick in May that wasn’t reflected in the April OPEC data.

**Channels TV** noted that “Nigeria misses OPEC production quota again,” while **Premium Times** quoted a naval spokesperson saying, “We are dismantling illegal refining sites daily to protect the national economy.”

**Echotitbits take:** Despite high global oil prices, Nigeria is “leaving money on the table.” The gap between potential and actual production remains the biggest drag on the Naira. The Navy’s recent successes need to be sustained for at least six months to see a real impact on the national treasury.

Source: The Punch – https://punchng.com/nigeria-misses-opec-oil-production-quota-again/, May 13, 2026

Photo credit: The Punch

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