AMVCA 2026: MultiChoice Set to Unveil Nominees This Weekend

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March 25, 2026

According to a report by Nigerian Entertainment Today (NET), MultiChoice Nigeria has officially confirmed that the nominee announcement for the 2026 Africa Magic Viewers’ Choice Awards (AMVCA) will take place on March 29.

The announcement marks the start of the “awards season” for the continent’s most prestigious film and television honors, following a year of record-breaking cinematic releases in Nollywood.

The 2026 edition is expected to be one of the most competitive yet, given the high volume of high-budget epics and streaming hits released over the last 12 months. Fans are particularly eager to see if recent box-office juggernauts like Toyin Abraham’s latest projects or Funke Akindele’s record-shattering works will dominate the major categories.

Organizers have hinted at a revamped voting system to enhance transparency, a move that comes after previous years of social media debates regarding “snubs” of popular actors. The live broadcast of the nominees is scheduled to air across all Africa Magic channels, sparking early predictions from industry critics and fans alike.

As the industry prepares for the main gala, the focus remains on whether the “New Nollywood” era of big-budget storytelling will outshine the traditional veterans. This year’s event is also expected to place a heavy emphasis on digital content creators, reflecting their growing influence in the African entertainment ecosystem.

* TVC News reported that the stage is set for the “highly anticipated” event, noting that the “nominee announcement is the first major milestone of the 2026 calendar.”

* The Punch confirmed the date, adding that “MultiChoice remains committed to celebrating African talent on a global stage.”

Echotitbits take: The AMVCAs are the ultimate barometer for success in African film. With the 2026 nominees dropping this Sunday, expect a massive surge in “stan” wars on X (formerly Twitter) as fans campaign for their favorites. Keep a close eye on the “Best Actor” and “Best Movie” categories; these will likely dictate the conversation for the next month.

Source: The Punch — https://punchng.com/amvca-to-announce-2026-nominees-sunday/#google_vignette March 25, 2026

Photo: The Punch

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CBN Slashes Interest Rates to 26.5% as Inflation Shows First Sign of Easing

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Bob Echols’s

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March 25, 2026

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According to reporting by News Central (syndicated via BusinessDay), the Central Bank of Nigeria has lowered the Monetary Policy Rate (MPR) from 27% to 26.5%. Governor Olayemi Cardoso announced the reduction following the latest MPC meeting, citing a gradual easing of inflationary pressures and improved macroeconomic stability.

This marks the first interest rate cut in several months, providing a glimmer of hope for businesses struggling with high borrowing costs. However, the CBN emphasized that it remains “cautiously optimistic” and will not hesitate to adjust rates again if global oil prices or Middle East tensions trigger fresh inflation.

ThisDay reported that “the Naira’s recent gains provided the room for the rate cut,” while The Guardian noted that “investors have reacted positively to the slight monetary easing.”

Echotitbits take: A 0.5% cut is small, but the symbolism is huge—it tells the market the “hiking cycle” might be over. Small businesses should still be wary, as 26.5% is still a very high cost of capital.

Source: The Punch – https://punchng.com/breaking-cbn-cuts-interest-rate-to-26-5/, March 25, 2026

Photo credit: The Punch

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Education Ministry Scraps Common Entrance in Favor of Learner Identification Numbers

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Bob Echols’s

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March 25, 2026

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In an update published by The Punch, Education Minister Tunji Alausa has announced the total abolition of the National Common Entrance Examination for entry into Junior Secondary Schools. Instead, the government will implement a Learner Identification Number (LIN) system to track students’ progress from primary school through their entire academic career.

The shift is intended to stop the “leakage” in the education system, where millions of students fail to transition from primary to secondary school. By using the LIN, the ministry hopes to create a more inclusive data-driven approach that removes the “one-day exam” barrier for millions of Nigerian children.

Leadership echoed the development, stating the “LIN will track the academic journey of every child,” while Tribune reported that “the move aims to bridge the access gap” in public schools.

Echotitbits take: Scrapping the Common Entrance is a bold move toward modernizing school placement. The real challenge will be the digital infrastructure required to manage 23 million student IDs across rural Nigeria.

Source: BusinessDay – https://businessday.ng/education/article/alausa-announces-plan-to-scrap-common-entrance-for-learner-id-tracking/, March 25, 2026

Photo credit: BusinessDay

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Nigeria Becomes Leading African Hub for AI-Driven Surveillance Technology

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March 25, 2026

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Figures cited by The Punch reveal that Nigeria has spent over $470 million on Artificial Intelligence (AI) surveillance systems, making it the largest buyer of such technology in Africa. The systems, largely sourced from Chinese tech giants, are being integrated into urban centers to track criminal activities and monitor security flashpoints in real-time.

The government maintains that this “digital shield” is essential for modern policing, though it has sparked a national conversation about digital privacy. Critics argue that without a finalized data protection law, the deployment of AI could lead to potential misuse of citizen data.

The Nation reported on the “increasing reliance on Chinese-supplied security tech,” while The Guardian noted that “civil society groups are demanding a regulatory framework” for AI usage.

Echotitbits take: High-tech cameras are great, but only if there are enough boots on the ground to respond when the AI flags a crime. Expect this to be a major debate point in the 2027 election cycle.

Source: BusinessDay – https://businessday.ng/technology/article/nigeria-tops-africas-2-1bn-ai-surveillance-spending-with-470m-investment/, March 25, 2026

Photo credit: BusinessDay

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Afrobeats Giants Wizkid and Burna Boy Confirmed for Afro Nation 2026

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Bob Echols’s

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March 25, 2026

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An announcement shared by Voice of Nigeria confirms that superstars Wizkid, Burna Boy, and Asake have been officially slated as headliners for the Afro Nation 2026 festival. Burna Boy is scheduled to open the festival in Portugal on July 3, 2026, while Wizkid will close the global cultural event two days later.

The 2026 edition is being marketed as a “global cultural movement,” reflecting the massive growth of Nigerian music on the world stage. Organizers noted that the lineup aims to blend established Afrobeats legacies with rising voices, such as South African breakout star Tyla, who will also share the main stage.

Vanguard added that “Asake has secured a N335m endorsement deal” ahead of the festival circuit, and Leadership reported that “Davido is also planning his first UK-based festival” for later this year.

Echotitbits take: Afrobeats is no longer just a “genre” but a major Nigerian export. These festivals act as a massive “soft power” tool, attracting foreign interest and potentially boosting the diaspora’s cultural remittances.

Source: The Punch – https://punchng.com/wizkid-burna-boy-asake-headline-afro-nation-2026-in-portugal/, March 25, 2026

Photo credit: The Punch

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Organized Labour Demands N154,000 New Minimum Wage Citing Economic Hardship

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Bob Echols’s

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March 25, 2026

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In an update published by The Punch, the National Public Service Negotiating Council has formally submitted a demand for a N154,000 monthly minimum wage to the Federal Government. This represents a 120% increase from previous levels, which Labour leaders argue is necessary to reflect the current cost of living and the impact of subsidy removals.

The demand was contained in a formal letter to the Office of the Head of the Civil Service, emphasizing that public servants are facing unprecedented “social necessity” pressures. Labour advocates have warned that a timely review is the only way to maintain industrial harmony and ensure the efficiency of the public service delivery system.

The Guardian noted that “NECA and NLC warn of looming job losses” due to current economic pressures, while Tribune reported that “Organised Labour remains adamant on the N154,000 baseline.”

Echotitbits take: This N154,000 figure is a high-stakes opening gambit. While the Federal Government might be open to a middle ground, the real hurdle will be the State Governors, many of whom are already struggling with existing wage bills.

Source: The Punch – https://punchng.com/hardship-labour-pushes-n154000-minimum-wage/, March 25, 2026

Photo credit: The Punch

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Nigerian Troops Launch “Pre-Farming” Offensive to Secure Benue Food Belt

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March 25, 2026

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According to reporting by Vanguard, troops of Operation Whirl Stroke have initiated a massive “pre-wet season” military operation across Benue State to dismantle criminal networks ahead of the planting season. The offensive resulted in the neutralization of several bandits and the arrest of suspected cattle rustlers along the Anyiin–Ugba road, a critical agricultural corridor.

The military move is designed to reassure farmers who have been hesitant to return to their lands due to persistent threats of displacement. During the raids, security forces recovered locally fabricated firearms and rescued an injured herder, Idris Abubakar, while handing over several suspects to the Nigeria Police Force for further prosecution.

The Daily Post confirmed the military action, stating that “troops intercepted cattle rustlers and dismantled hideouts,” while Leadership reported that “special forces have been deployed to Benue to address persistent violence.”

Echotitbits take: Food security in 2026 hinges entirely on these “clearing operations” in the Middle Belt. If the military can maintain this presence through the planting season, we might see a significant cooling of food inflation by the fourth quarter.

Source: Vanguard – https://www.vanguardngr.com/2026/03/troops-intensify-pre-farming-offensive-dismantle-criminal-networks-in-benue/, March 25, 2026

Photo credit: Vanguard

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Naira Strengthens Against Dollar as Liquidity Injection Offsets Reserve Dip

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Bob Echols’s

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March 25, 2026

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Figures cited by BusinessDay show that the Nigerian Naira appreciated to N1,382.63/$ at the official window, gaining approximately 0.42% in value. This recovery comes despite a slight 0.84% decline in foreign exchange reserves, which currently sit at $49.60 billion, down from a peak of over $50 billion earlier in the month.

The Central Bank’s recent policy shift, mandating International Money Transfer Operators (IMTOs) to use Naira settlement accounts for diaspora inflows, is credited with boosting domestic liquidity. Market analysts suggest that while the reserve slide is a concern, the strategic focus on local currency settlement is successfully narrowing the gap between official and parallel market rates.

The development was corroborated by Vanguard, which reported that the “Naira appreciated to N1,395/$ in the parallel market,” while The Nation highlighted that the “CBN’s market-oriented reforms have reduced the FX gap to less than 2%.”

Echotitbits take: The Naira’s resilience in the face of falling reserves suggests the CBN’s structural reforms are finally biting. However, sustainability depends on whether the $49 billion reserve cushion can withstand the upcoming end-of-quarter external debt obligations.

Source: BusinessDay – https://businessday.ng/news/article/naira-gains-n27-in-weekly-trade-as-external-reserves-cross-50bn/, March 25, 2026

Photo credit: BusinessDay

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Bill Cosby Ordered to Pay $19 Million in 1972 Sexual Assault Case

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March 24, 2026

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As reported by The Source Magazine, a jury in Santa Monica has ordered former comedian and TV icon Bill Cosby to pay $19.25 million in damages to a woman who accused him of drugging and sexually assaulting her in 1972. The verdict comes after a long-running civil battle, marking one of the largest financial penalties against the embattled star.

The plaintiff, a former waitress, successfully argued that the assault occurred at the Playboy Mansion decades ago. Despite Cosby’s previous criminal conviction being overturned on a technicality in 2021, this civil ruling brings a fresh wave of legal and financial accountability for the 88-year-old.

The jury’s decision was unanimous on several counts of liability, highlighting the continued impact of the #MeToo movement in reopening decades-old cases through updated state laws. Cosby’s legal team has already signaled their intent to appeal the “excessive” award.

The story was also covered by TheCable Lifestyle, which noted, “Court orders Bill Cosby to pay $19m to ex-waitress he sexually assaulted in 1972.” Additionally, TheNet.ng provided context on the ruling, quoting the victim’s attorney: “This is a victory for every woman who was told her story didn’t matter because of the passage of time.”

Echotitbits take:

This ruling proves that the civil courts are becoming the primary venue for justice in legacy assault cases. For Cosby, whose legacy is already in tatters, this $19M hit is a massive blow to his remaining estate. It also sets a significant precedent for other high-profile “cold cases” in the entertainment industry.

Source: Forbes — https://www.forbes.com/sites/asia-alexander/2026/03/23/jury-orders-bill-cosby-to-pay-19-million-in-1972-assault-case/ March 24, 2026

Photo Credit: Forbes

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Regina Daniels Sparks Social Media Frenzy Over Ned Nwoko Photo Rumors

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Bob Echols’s

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March 24, 2026

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In a report by Legit.ng, Nollywood actress Regina Daniels has trended online following reports that her husband, billionaire Ned Nwoko, allegedly removed her photographs from his Abuja mansion. The actress reportedly responded with a subtle “jab” on social media, leading fans to speculate about the current state of their high-profile marriage.

The rumors began when viral claims emerged suggesting a rift in the household, though neither party has issued a formal press statement. Regina’s recent posts, which focus on her luxury lifestyle and children, have been scrutinized by fans looking for clues regarding the alleged “un-printing” of her images from the family home.

Despite the gossip, Regina remains one of the most influential figures in Nollywood, often using such controversies to drive engagement for her personal brand and business ventures. The couple, who have been married since 2019, are no strangers to intense public interest and frequent rumors of marital friction.

Verification of the social media storm came from Naija News, which noted, “The real truth about viral claims emerges as Regina Daniels continues to post cryptic messages.” Furthermore, The Nation Nigeria mentioned the actress in a lifestyle roundup, stating, “Public interest in the Nwoko household remains at an all-time high amid unverified claims of a fallout.”

Echotitbits take:

While this appears to be the classic “celebrity marital drama” cycle, the credibility here is cautiously low as it’s based on social media observations rather than a direct split. Regina Daniels is a master of the “controversy-to-clout” pipeline. It’s likely a move to keep her name in the headlines while she prepares for her next movie project or brand launch.

Source: PM News Nigeria — https://pmnewsnigeria.com/2025/10/27/regina-daniels-sparks-frenzy-with-glamorous-photos-amid-row-with-nwoko/#google_vignette March 24, 2026

Photo Credit: PM News Nigeria

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