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Mikel Arteta Pleads for Calm as Arsenal’s Title Charge Hits Midweek Roadblock

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According to PA Media, Arsenal manager Mikel Arteta has urged his squad and the fanbase to remain composed after a frustrating 2-2 draw against bottom-of-the-table Wolves. The result has narrowed the Gunners’ lead at the top of the Premier League, handing the momentum back to rivals Manchester City.

Speaking ahead of the crucial North London Derby against Tottenham this Sunday, Arteta dismissed claims that his team is “bottling” the league again. He emphasized that the “present is beautiful” and that the club is exactly where they want to be at this stage of the competition.

The draw at Molineux, where Arsenal surrendered a two-goal lead, has revived painful memories of the past three seasons where the Gunners finished as runners-up. With Manchester City breathing down their necks and holding a game in hand, the pressure on the young Arsenal squad is reaching a boiling point.

Arteta’s defiant stance is intended to shield his players from the intense media scrutiny. He noted that while the outside reaction is “tough,” his focus remains on keeping his ears and eyes open to the needs of the dressing room to ensure they finish the season strong.

* Fox Sports: “Arsenal somehow drop points to Wolves… leaving the door open for Manchester City to reclaim the top spot.”

* Associated Press: “Mikel Arteta urges Arsenal to ‘keep calm’ in the face of fresh bottling accusations following midweek slip-up.”

Echotitbits Take

Arteta is playing the role of the “cool head,” but the cracks are showing. Drawing against a relegation-threatened Wolves side at this stage of the season is a massive psychological blow. The upcoming derby against Spurs isn’t just about three points; it’s about proving that this team has finally developed the “killer instinct” needed to actually lift the trophy.

Source: PA Media — https://pa.media/blogs/pa-editors-picks/mikel-arteta-urges-arsenal-to-keep-calm-in-battle-for-premier-league-title/ February 20, 2026

Photo Credit: PA Media

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Mercy Johnson-Okojie Lands Major Political Appointment Under Governor Okpebholo

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A TikTok video by @NaijaCelebNews highlights the widespread celebration following the appointment of Nollywood icon Mercy Johnson-Okojie as a Special Adviser to Edo State Governor Monday Okpebholo. The actress will serve as the Special Adviser on Public Engagement and Advocacy, bridging the gap between the government and the citizenry.

The Actors Guild of Nigeria (AGN) has already issued a statement congratulating their colleague, describing the appointment as a “well-deserved recognition” of her influence and commitment to social causes. Mercy Johnson, known for her versatile acting and massive grassroots following, is expected to use her platform to drive state initiatives.

This move follows a growing trend of Nollywood stars transitioning into the political sphere, following the footsteps of figures like Funke Akindele and Tonto Dikeh. Fans have taken to social media to praise the Governor’s choice, noting that her relatability makes her an ideal candidate for public advocacy.

Mercy Johnson-Okojie has expressed her readiness to serve, promising to bring the same passion she shows on screen to her new role in governance. Her husband, Prince Odi Okojie, who is also active in politics, was among the first to publicly celebrate the milestone.

* The Nation Nigeria: “AGN hails Okpebholo for appointing Mercy Johnson-Okojie as special adviser, noting her exemplary character.”

* Independent Nigeria: “Governor Okpebholo appoints Mercy Johnson-Okojie… to lead public engagement and advocacy efforts.”

Echotitbits Take

Mercy Johnson’s appointment is a strategic masterstroke for the Edo government. Her “street credibility” and massive social media presence give her a unique ability to communicate government policies in a way that resonates with everyday Nigerians. It’s a win for Nollywood’s “soft power” in the political arena.

Source: The Nation Nigeria — https://thenationonlineng.net/okpebholo-appoints-mercy-johnson-as-special-adviser-2/ February 20, 2026

Photo Credit: Vanguard

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Davido Sparks Social Media Firestorm After Unfollowing Dele Momodu Over Sophia Dispute

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According to Naija News, Afrobeats superstar Davido has officially unfollowed veteran journalist and politician Dele Momodu on Instagram. The move comes amidst a deepening rift between the singer and his first baby mama, Sophia Momodu, who is the niece of the media mogul.

The tension reportedly escalated following recent public comments made by Dele Momodu regarding the ongoing custody and child support disputes between Davido and Sophia. The singer’s decision to hit the “unfollow” button is seen by fans as a public declaration of his frustration with the family’s involvement in the legal drama.

This development has triggered a wave of reactions across Twitter (X) and Instagram, with fans divided between “Team Davido” and those supporting Sophia. The dispute has been a recurring headline in Nigerian celebrity circles, often involving leaked chats and legal filings that have kept the public captivated for months.

Despite the social media snub, Dele Momodu has reportedly expressed a desire to mediate the situation. However, the “unfollow” suggests that a private resolution might be further away than previously hoped, as both parties continue to navigate their complex co-parenting relationship in the public eye.

* Olori Supergal: “Dele Momodu says efforts are ongoing to resolve the dispute… despite the recent social media tension.”

* Legit NG: “Fans react as Davido severs digital ties with Dele Momodu amid long-standing Sophia Momodu saga.”

Echotitbits Take

In the world of celebrity optics, an “unfollow” is rarely just a mistake; it’s a message. Davido is clearly signaling that he is done with public commentary from the Momodu camp. While it adds to the drama, the real concern remains the welfare of their daughter, Imade, who is often caught in the middle of these high-profile spats.

Source: Legit.ng — https://www.legit.ng/entertainment/celebrities/1697880-davido-breaks-silence-sophia-momodus-lawyer-petitions-ig-alleged-bullying/ February 20, 2026

Photo Credit: Legit.ng

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Wizkid, Burna Boy, and Asake Set to Headline Massive Afro Nation 2026 Festival

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In a post shared by @AfroNation on X, the organizers confirmed that Nigerian heavyweights Wizkid, Burna Boy, and Asake will lead the lineup for the 2026 edition in Portugal. The announcement, which went viral in the last few hours, bills the event as a “Legacy meets Debut” experience, blending veteran Afrobeats icons with the genre’s newest global forces.

The three-day festival is scheduled to take place at the iconic Praia da Rocha Beach from July 3 to July 5. Burna Boy is slated to open the festivities on Friday, sharing the stage with South African sensation Tyla, while Asake takes over Saturday, and Wizkid closes the show on Sunday night.

The lineup reflects the continued global dominance of the “Big Three” and the meteoric rise of “Mr. Money” (Asake). Other notable Nigerian acts confirmed for the festival include Olamide, Wande Coal, and Young Jonn, emphasizing the sheer depth of the current Afrobeats export market.

Fans have already begun trending the festival on TikTok, with many debating the performance order and anticipating potential on-stage collaborations. Early access tickets are reportedly moving at record speeds as the “Afro Nation” brand continues to be the premier summer destination for the African diaspora.

* Voice of Nigeria: “The 2026 edition promises a powerful lineup that blends established legacies with exciting new voices on the global music scene.”

* Punch Newspapers: “PHASE 3 IS HERE… This is the sound of a summer taking shape, featuring leading Afrobeats, R&B, and Amapiano stars.”

Echotitbits Take

Afro Nation remains the gold standard for showcasing Afrobeats on the world stage. Including Asake as a primary headliner alongside veterans like Wizkid and Burna Boy proves his transition from a local star to a global festival “A-lister.” It’s a testament to the genre’s staying power and its ability to constantly mint new legends.

Source: Punch Newspapers — https://punchng.com/wizkid-burna-boy-asake-headline-afro-nation-2026-in-portugal/ February 20, 2026

Photo Credit: Punch Newspapers

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Timini Egbuson’s Romantic Drama Shatters Box Office Records with N106 Million Opening

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According to Businessday NG, the romantic film Love and New Notes has set a historic benchmark for Nollywood by grossing N106 million during its opening weekend. This milestone is particularly significant as it marks the first time a Nigerian film has crossed the N100 million mark outside the traditional December holiday window.

The film, which features Timini Egbuson as a charismatic music executive and Ifeoma Daniels as a struggling songwriter, capitalized on the Valentine’s Day rush. Cinema halls across Lagos, Abuja, and Port Harcourt reported packed screenings, driven by a high-octane social media marketing campaign and Egbuson’s massive “box office king” appeal.

Industry analysts suggest that the success of this February release signals a shift in Nigerian cinema-going culture, proving that well-timed, genre-specific films can thrive year-round. The production’s stylish cinematography and the leads’ chemistry have become major talking points on TikTok and Instagram.

Director Kayode Kasum expressed his gratitude on social media, noting that the audience didn’t just show up, they “kicked the door down” for the industry. This performance places the film at the top of the 2026 charts and reinforces the growing commercial viability of the Nigerian theatrical market.

* Kayode Kasum (Director) via Instagram: “Love and New Notes opens with N106M, breaking multiple records in just one weekend. This was only possible because of you.”

* Vanguard News: “The debate signals a defining moment… confirming that strategic release timing and targeted marketing can mobilize massive investment into African creative assets.”

Echotitbits Take

This is a massive win for Timini Egbuson, cementing his status as Nollywood’s most bankable leading man. By proving that a non-December release can hit nine figures, the film effectively opens up the calendar for other producers. Watch for more “event-style” releases to target holidays like Easter and Eid later this year.

Source: Businessday NG — https://businessday.ng/life-arts/article/love-and-new-notes-becomes-nollywoods-biggest-2026-opening-weekend-film/ February 20, 2026

Photo Credit: NollyCritic

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Cinema Revenue Hits N14.5 Billion as Lagos Solidifies Entertainment Dominance

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In an update published by The Guardian, Nigeria’s cinema industry has recorded a massive N14.52 billion in revenue, with Lagos State contributing the lion’s share of the earnings. The growth is attributed to a surge in high-quality indigenous productions and an increase in the number of modern multiplexes across major urban centers.

Industry analysts point out that despite the broader economic challenges, Nigerians’ appetite for cinema remains strong, particularly for Nollywood blockbusters that have begun to compete favorably with Hollywood imports. The report suggests that the “Creative Economy” is becoming a vital pillar for job creation among the youth in the Southwest region.

Daily Post supported the story, stating that “investment in the creative sector is paying off as Lagos becomes the hub of African cinema.”

Premium Times also reported on the industry’s success, quoting a cinema owner: “The N14.5 billion figure is just the beginning; as we expand into more states, the revenue potential is limitless.”

Vanguard noted, “Nollywood’s evolution into a high-revenue industry is a testament to the resilience of Nigerian creatives.”

Echotitbits take:

The entertainment sector is proving to be “recession-proof” in Nigeria. With Lagos leading the charge, there is a clear opportunity for other states to replicate this model by investing in creative hubs. Watch for more private equity firms entering the Nigerian film distribution space throughout 2026.

Source: The Guardian – https://guardian.ng/news/nigerias-cinema-records-n2-25bn-revenue-in-q1-2024/, February 20, 2026

Photo credit: The Guardian

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Wike Implements Movement Restrictions Ahead of FCT Council Elections

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According to Channels TV, FCT Minister Nyesom Wike has declared Friday a work-free day and announced a total restriction of movement from 8 PM Friday to 6 PM Saturday. The measures are intended to ensure a peaceful and orderly conduct of the Federal Capital Territory (FCT) Area Council elections, which have seen a surge in political activity.

The Minister emphasized that the restrictions are necessary to prevent security breaches and allow the Independent National Electoral Commission (INEC) to deploy personnel and materials effectively. Seventeen political parties are contesting the polls, with several high-profile candidates making last-minute alliances, including some PDP chairmanship candidates stepping down for APC rivals.

The Nation validated the report, noting that “security personnel have been deployed to all entry points of the FCT to enforce the lockdown.”

Leadership reported on the political tension, quoting Minister Wike: “We will not tolerate any act of thuggery or electoral malpractice; the security of the capital is non-negotiable.”

Tribune added a quote from an INEC official: “Everything is in place for a credible exercise, provided the movement restrictions are strictly adhered to.”

Echotitbits take:

These elections are a significant litmus test for the popularity of the ruling APC and the fragmented opposition in the nation’s capital. The last-minute defections and endorsements suggest a high-stakes power play behind the scenes. Watch for the voter turnout numbers, as movement restrictions often have a dual effect of securing the polls but discouraging casual voters.

Source: Premium Times – https://www.premiumtimesng.com/news/top-news/858051-fct-elections-minister-declares-friday-work-free-orders-movement-restriction.html, February 20, 2026

Photo credit: Premium Times

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Naira Gap Narrows to Record Low as Currency Speculators Offload Dollars

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Reporting by BusinessDay indicates that the exchange rate gap between the official and parallel markets has narrowed to a mere 0.29 percent. This significant convergence comes as speculators began offloading their dollar holdings in anticipation of increased foreign exchange liquidity from the government’s newly announced “Revenue Optimisation Platform.”

The narrowing gap is being hailed as a victory for the Central Bank of Nigeria’s (CBN) “B’Odogwu” automated FX system, which has reportedly improved transparency and reduced the influence of black-market operators. Market participants are now observing a “willing buyer, willing seller” environment that is closer to true market equilibrium than has been seen in years.

The Punch corroborated these findings, noting that “the Naira’s stability is frustrating currency hoarders who expected a devaluation.”

ThisDay also weighed in on the trend, quoting a Lagos-based forex trader: “The demand for dollars is cooling off because the official windows are now more accessible and predictable.”

Daily Post quoted a financial analyst who said, “This 0.29% gap is a milestone for the CBN’s efforts to unify the exchange rate and restore trust in the local currency.”

Echotitbits take:

A unified exchange rate is the “holy grail” of Nigerian monetary policy. If the CBN can maintain this narrow gap, it will likely trigger a surge in Foreign Direct Investment (FDI) as the risk of currency volatility diminishes. Watch the CBN’s next Monetary Policy Committee (MPC) meeting for signs of a rate cut if inflation continues to follow this downward trend.

Source: BusinessDay – https://businessday.ng/pro/article/naira-reaches-two-year-high-of-n1347-78-as-gap-narrows-further/, February 20, 2026

Photo credit: BusinessDay

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Edo State Faces Fiscal Scrutiny Over N14.15 Billion Extra-Budgetary Spending

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In an update published by Premium Times, a special investigative report has uncovered N14.15 billion in extra-budgetary spending by the Edo State government under Governor Monday Okpebholo. The report raises critical questions regarding fiscal discipline and the adherence to public procurement laws within the state.

The investigation suggests that the funds were utilized across various unapproved projects, bypassng the necessary legislative oversight from the Edo State House of Assembly. This development has sparked a heated debate among civil society organizations and opposition parties, who are demanding a full audit of the state’s finances to ensure transparency.

This story was further substantiated by Daily Post, which reported that “transparency advocates are calling for an immediate probe into the Governor’s spending habits.”

Vanguard also covered the unfolding scandal, quoting a member of the Edo State House of Assembly who stated, “We cannot allow the state’s resources to be spent like a private pocket without the consent of the people’s representatives.”

Leadership added a quote from a local NGO: “Edo’s fiscal health is at risk if extra-budgetary spending becomes the norm rather than the exception.”

Echotitbits take:

This is a major test for Governor Okpebholo’s young administration. While the spending might have been intended for urgent infrastructure, the lack of transparency could hurt the state’s credit rating and relationship with federal fiscal bodies. Watch for a potential summons from the state legislature or a formal response from the Governor’s office.

Source: Premium Times – https://www.premiumtimesng.com/regional/south-south-regional/858139-ex-presidential-aide-arrested-over-alleged-certificate-forgery.html, February 20, 2026

Photo credit: Premium Times

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Equities Market Skyrockets as Investors Gain N1.7 Trillion in Single Session

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Figures cited by Premium Times show that the Nigerian Exchange (NGX) experienced a massive bullish run on Friday, with the market capitalization increasing by N1.7 trillion. The 1.38% surge in the All-Share Index reflects a renewed investor confidence following the government’s announcement of a transition toward a $1 trillion GDP target by 2036.

The rally was largely driven by heavy interest in the banking and industrial sectors, as institutional investors repositioned their portfolios.

Market analysts suggest that the clarity provided by the recently signed 2026 Electoral Act and the commencement of new federal tax laws have reduced political risk perceptions, encouraging both local and foreign participation.

Validating this market movement, The Guardian reported that blue-chip stocks led the gainers’ chart, noting, “The bulls have firmly taken control of the trading floor as macroeconomic pressures begin to ease.”

Additionally, Channels TV provided live data analysis of the surge, quoting a market analyst who said, “This N1.7 trillion gain is a clear signal that the market is pricing in the long-term benefits of the current fiscal reforms.”

Echotitbits take:

This surge is a classic “relief rally.” Investors are cheering the shift from painful stabilization measures to growth-oriented policies. However, the sustainability of this run will depend on whether the corporate earnings for Q1 2026 can justify these higher valuations. Watch for the performance of MTNN and Tier-1 banks in the next week.

Source: Premium Times – https://www.premiumtimesng.com/business/business-news/858122-nigerian-equities-market-extends-gains-by-1-38-investors-gain-n1-7trn.html, February 20, 2026

Photo credit: Premium Times

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