Senate Moves to Slash N58.4 Trillion Proposed 2026 Budget Over Revenue Doubts

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February 20, 2026

According to reporting by BusinessDay, the Nigerian Senate has initiated a review to significantly reduce the proposed N58.472 trillion 2026 national budget. Lawmakers expressed deep concerns that the revenue projections underpinning the fiscal plan are “unrealistic,” given the current economic climate and fluctuations in the global oil market.

The upper legislative chamber noted that while the executive branch remains optimistic about funding the record-breaking expenditure, the reality of Nigeria’s debt-to-revenue ratio suggests a need for caution. The budget, which was intended to transition the economy from stabilization to expansion, may now see heavy cuts in non-essential capital projects to avoid a widening fiscal deficit.

This development has been mirrored in reports from The Nation, which noted that the Senate Committee on Appropriation is seeking a “more pragmatic” approach to the 2026 fiscal year.

The Punch further validated the story, quoting Senator Solomon Adeola, who remarked, “We must ensure that we do not pass a budget that relies on paper money while our actual receipts tell a different story.”

Premium Times also reported on the tension, citing a legislative source who stated, “The era of bloated projections without corresponding revenue streams must end if we are to achieve true fiscal discipline.”

Echotitbits take:

This legislative pushback highlights a growing rift between the executive’s ambitious growth agenda and the legislature’s fiscal conservatism. If the budget is significantly slashed, we may see a slowdown in infrastructure projects, but it could conversely help stabilize the Naira by reducing the need for deficit-funded borrowing. Watch for the executive’s revised revenue-generating strategies in the coming weeks.

Source: BusinessDay – https://businessday.ng/news/article/senate-considers-trimming-n58-472tn-2026-budget-proposal-over-unrealistic-revenue-projections/, February 20, 2026

Photo credit: BusinessDay

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Don Jazzy and Funke Akindele Lead 80s Fashion Revival at Movie Premiere

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Bob Echols’s

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February 20, 2026

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According to TheCable Lifestyle, the Nigerian entertainment elite turned back the clock for the premiere of the film “Love and New Notes.” The event saw Mavin Records boss Don Jazzy and Nollywood icon Funke Akindele leading a parade of stars in extravagant 1980s-inspired outfits.

The premiere, held in Lagos, became a viral fashion moment on TikTok as celebrities interpreted the “Retro-Chic” dress code with bold shoulder pads, neon colors, and high-top fades. Don Jazzy’s ensemble, a structured vintage blazer paired with “old-school” accessories, was a highlight of the night.

Funke Akindele, often called the “Queen of the Box Office,” stunned in a vibrant, architectural piece that blended 80s aesthetics with modern Nigerian tailoring. The event served as a showcase for the booming Nigerian creative economy, which is increasingly attracting global investment from firms like Universal Music Group and Sony.

The movie itself, a romantic drama, is expected to break domestic records, but it was the red carpet that stole the show. Fashion influencers have already begun dissecting the looks, with many predicting an “80s revival” in Nigerian street style for the rest of 2026.

* Businessday NG reported: “Designers across the globe are reinterpreting cultural garments… blending heritage with contemporary tailoring.”

* LinkNearBiz confirmed: “Mai Atafo and Lisa Folawiyo continue to lead the conversation… in high-profile red carpet events.”

Echotitbits take:

Lagos premieres are now more about “The Look” than “The Movie.” This 80s-themed event proves that Nollywood stars are successfully positioning themselves as global fashion icons. When Don Jazzy—a music mogul—participates so fully in a film premiere, it shows the deep integration of Nigeria’s music and movie industries. This “crossover appeal” is exactly why international investors are pouring millions into Mavin and other Nigerian hubs. The 80s trend will likely flood TikTok next week, with Gen Z creators recreating these retro looks using local fabrics like Adire.

Source: TheCable Lifestyle — https://lifestyle.thecable.ng/photos-don-jazzy-funke-akindele-lead-celebs-in-80s-fashion-at-love-and-new-notes-premiere/February 19, 2026

Photo Credit: TheCable Lifestyle

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Fabrizio Romano Provides Crucial Update on Bukayo Saka’s Future

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February 20, 2026

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A report by FootballTransfers featuring insights from Fabrizio Romano has sent Arsenal fans into a frenzy regarding the future of star winger Bukayo Saka. The “transfer guru” confirmed that while several European giants are circling the England international, a new massive contract extension is the current priority at the Emirates.

Romano revealed that the 24-year-old is seen as the “face of the project” for the Gunners. Despite rumors linking him with a move to Real Madrid or Manchester City in the 2026 summer window, the player’s camp is reportedly in advanced talks to make him one of the highest-paid players in Premier League history.

The update comes as Arsenal continues to battle for the top spot in the league. Saka’s influence on the pitch has been undeniable this season, with his goal contributions reaching career-high levels. The “Saka Deal” is now considered a “here we go” waiting game for the London club.

While nothing is signed yet, the sentiment in the Arsenal camp is one of extreme confidence. Romano’s report also touched on other major moves, including Jurgen Klopp’s potential return to management and Marcus Rashford’s situation at Manchester United.

* The Scout’s FPL radar noted: “Virgil van Dijk (Liverpool) sets Premier League goal record,” while emphasizing Saka’s continued dominance as a top-tier asset.

* TNT Sports on X shared: “Crystal Palace are heavy favorites… but all eyes are on the big transfer moves,” referencing Romano’s Saka update.

Echotitbits take:

Bukayo Saka is more than just a player for Arsenal; he is their cultural anchor. In a 2026 market where transfer fees are reaching astronomical levels, securing Saka is a statement of intent that Arsenal is a “destination club,” not a “stepping stone.” If the deal goes through as Romano predicts, it will likely set a new wage ceiling in the Premier League. For Saka, staying at Arsenal cements his legacy as a one-club legend in the making. Watch for an official announcement before the March international break to kill off the Real Madrid rumors.

Source: FootballTransfers — https://www.footballtransfers.com/en/transfer-news/uk-premier-league/2026/02/fabrizio-romano-transfer-news-man-utd-free-agent-truth-klopps-future-saka-deal February 19, 2026

Photo Credit: FootballTransfers

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Cardi B and Stefon Diggs Split Months After Welcoming Baby

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February 20, 2026

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In a post shared by Leadership Nigeria, US rap icon Cardi B has reportedly ended her relationship with NFL star Stefon Diggs. The news comes just months after the couple welcomed their first child together, a development that had previously surprised fans of both the music and sports worlds.

The split was reportedly triggered by the “Little Miss Drama” tour schedules and the pressures of balancing two high-profile careers with a newborn. Cardi B, who is known for her transparency with her “Bardi Gang” fanbase, hinted at the breakup during a recent Los Angeles show where she brought out Tyla as a surprise guest.

Stefon Diggs, a prominent figure in the NFL, has remained relatively quiet on the matter, though sources close to the athlete suggest the “long-distance” nature of their relationship during the football season played a significant role. The couple had been one of the most talked-about cross-industry pairings of 2025.

Fans are currently scouring Cardi’s social media for “sub-tweets” and clues, while the rapper has stayed focused on her tour. This breakup marks another high-profile chapter in Cardi’s public romantic history, which has always been a staple of tabloid news.

* Naija News reported: “Cardi B announces breakup from boyfriend Diggs after welcoming their first child.”

* BellaNaija confirmed the performance details: “Cardi B surprises fans by bringing out Grammy-Winner Tyla during ‘Little Miss Drama’ tour in LA,” amid split rumors.

Echotitbits take:

The “Cardi-Diggs” era was short but intense. This split feels like a classic case of “lifestyle clash”—the grueling NFL season versus a global rap tour. Cardi B has a history of wearing her heart on her sleeve (and her lyrics), so expect a “breakup anthem” to drop before the year ends. From a branding perspective, Cardi often thrives in her “independent woman” phases, so this might actually accelerate her album rollout. Diggs will likely face a barrage of “Cardi” chants from opposing fans next season.

Source: Leadership Nigeria — https://leadership.ng/cardi-b-splits-from-stefon-diggs-months-after-welcoming-baby/ February 19, 2026

Image Credit: Daily Post

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Kevin Durant Addresses “Burner Account” Drama During All-Star Week

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February 20, 2026

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According to BET, NBA superstar Kevin Durant is once again at the center of social media controversy following his reactions to fan criticism during the All-Star Weekend. The Houston Rockets forward allegedly engaged in a series of “clapbacks” via X (formerly Twitter) using accounts that fans suspect are his infamous “burners.”

The latest friction began when fans criticized the NBA’s redesign of various player award trophies. Durant, never one to shy away from digital confrontation, defended the league’s aesthetic choices in a manner that many deemed overly aggressive for a high-profile athlete. When questioned about the authenticity of the accounts defending him, Durant gave a “non-denial,” fueling the fire.

On the court, Durant remains a force, averaging over 25 points per game for the Rockets. However, his off-court digital persona continues to be a major talking point in NBA culture. Many analysts argue that his willingness to engage directly with fans is what makes him a unique figure in modern sports.

The “burner” narrative has followed Durant for years, and this latest installment suggests he has no intention of changing his ways. Whether he is actually behind the accounts or simply enjoys the speculation, the drama has overshadowed much of the post-All-Star sports talk.

* Times of India noted: “Kevin Durant… putting up more than 25 points-per-game… seems social media controversy just won’t leave him alone.”

* National Today highlighted Durant’s influence in their sports wrap: “Durant’s latest imbroglio started when he took to his verified X account to clap back at fans.”

Echotitbits take:

Kevin Durant is the ultimate “player-fan.” While most superstars hire PR teams to sanitize their image, KD insists on being a “real person” online, even if it means engaging in petty arguments. This “non-denial” about burners is a calculated piece of brand-building; he knows it keeps him in the headlines even when he’s not playing. For the NBA, it’s a double-edged sword: it drives engagement, but it also blurs the line between professional athlete and internet troll. Expect him to “retire” an account only for a new one to surface by the playoffs.

Source: StatesMan — https://www.statesman.com/sports/nba/article/kevin-durant-burner-account-x-twitter-response-21362343.phpFebruary 19, 2026

Photo Credit: StatesMan

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Bimbo Ademoye Sets Firm Marriage Conditions After VJ Adams Split

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February 20, 2026

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A TikTok video by @legitngnews highlights Nollywood star Bimbo Ademoye opening up about her romantic future following her recent breakup with media personality VJ Adams. The actress, known for her comedic timing and emotional range, has reportedly set “strict marriage conditions” for any future suitor, specifically mentioning colleague Timini Egbuson during a lighthearted but firm discussion.

Ademoye’s split from VJ Adams had been the subject of rumors for weeks before the actress seemingly confirmed the end of the chapter. She noted that her experiences have made her more selective, emphasizing that she will no longer settle for anything less than complete transparency and emotional security.

The mention of Timini Egbuson sparked a firestorm of fan theories, as the two have shared incredible on-screen chemistry in several Nollywood blockbusters. However, insiders suggest the remarks were more about setting a standard for the “type” of man she desires rather than a confirmed new romance.

Fans have rallied behind the actress, praising her for her “self-love era” and her ability to remain focused on her booming career. Bimbo is currently one of the most sought-after actresses in the industry, and her personal life continues to be a point of fascination for the Nigerian public.

* NewsNow Nigeria reported: “Bimbo Ademoye sets marriage conditions for Timini Egbuson weeks after split from VJ Adams.”

* YNaija confirmed the trending topic: “Relationship conversations dominated by reported breakup between Bimbo Ademoye and VJ Adams.”

Echotitbits take:

Bimbo Ademoye is the “darling” of Nollywood right now, and her handling of this breakup is a masterclass in modern celebrity PR. By turning the narrative from “sad breakup” to “setting high standards,” she maintains her power. Mentioning Timini Egbuson—even in jest—is a clever way to keep the engagement high without confirming a scandal. It’s likely unconfirmed that anything is happening with Timini, but the “friendship” will certainly be used to promote their next joint film project. Watch for a possible “bestie” photoshoot soon.

Source: Legit NG — https://www.legit.ng/entertainment/celebrities/1697730-bimbo-ademoye-sets-marriage-conditions-timini-egbuson-weeks-split-vj-adams/ February 19, 2026

Photo Credit: Legit NG

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Akpororo Overwhelmed as Burna Boy Gifts Him N20 Million

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February 20, 2026

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In a post shared by Legit NG, popular Nigerian comedian Akpororo was seen in a state of pure euphoria after receiving a surprise gift of ₦20 million from Afrobeats superstar Burna Boy. The comedian shared a video clip on his social media pages expressing his disbelief and gratitude for the massive gesture from the “City Boys” singer.

The gift reportedly comes at a time when Burna Boy has been making significant philanthropic moves within the Nigerian creative industry. Akpororo, known for his high-energy performances, appeared visibly emotional in the footage, shouting and thanking the singer for “recognizing his hustle” and supporting his brand.

Fans have flooded the comments, praising Burna Boy for his generosity and noting that the two stars have shared a mutual respect for years. The “Odogwu” singer has recently been in the headlines for hitting record-breaking milestones on the Billboard charts, but this personal act of kindness is what is currently trending across TikTok and Instagram.

The ₦20 million gift is expected to go toward Akpororo’s upcoming comedy projects and live shows. This move further solidifies the bond between the Nigerian music and comedy sectors, showcasing a culture of “big brothers” looking out for their peers.

* Nigeria NewsNow noted: “Comedian Akpororo cries out in new clip as Burna Boy gifts him N20m.”

* TheCable Lifestyle confirmed: “Burna Boy, Tems emerge 1st African artists to hit 8 entries on the Billboard Hot 100,” while highlighting his recent charitable acts in Lagos.

Echotitbits take:

Burna Boy is masterfully balancing his global superstar status with “street credibility” in Nigeria. By gifting such a significant amount to a veteran like Akpororo, he reinforces his image as a leader who hasn’t forgotten his roots. For Akpororo, this is more than just money; it’s a massive PR boost that keeps him relevant in a fast-evolving comedy scene. Expect more “Odogwu” style giveaways as Burna Boy continues his 2026 world tour, likely using these moments to maintain a strong domestic fanbase while he conquers the West.

Source: Legit NG — https://www.legit.ng/entertainment/celebrities/1697767-comedian-akpororo-cries-clip-burna-boy-gifts-n20m/ February 19, 2026

Photo Credit: Legit NG

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Rosy Meurer Declares Fierce Loyalty to Husband Amid Marriage Scrutiny

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February 20, 2026

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According to The Nation, Nollywood actress Rosy Meurer has publicly reaffirmed her unwavering commitment to her husband, Olakunle Churchill, following a wave of social media rumors. The actress addressed critics who have speculated about the stability of her marriage since her husband’s high-profile reconciliation with his ex-wife, Tonto Dikeh, to co-parent their son.

Meurer emphasized that her relationship with Churchill remains rock-solid, dismissing claims that she had unfollowed him on Instagram as “fake news.” She took her defense a step further by stating she would “take a bullet” for her husband, a comment that has sparked intense debate across Nigerian entertainment blogs.

The actress also clarified her role in the recent family reunion, claiming she actually encouraged the peace meeting between Churchill and Dikeh. She noted that she never met Tonto Dikeh personally before her marriage and holds no animosity toward the fellow actress.

Despite the public’s skepticism, Meurer continues to project an image of domestic bliss. She urged fans to stop looking for cracks in her home, asserting that her priority is the well-being of all children involved in the extended family dynamic.

* Legit NG reported: “Rosy Meurer gets candid on why she can take a bullet for husband Olakunle Churchill, stating ‘They say I worship him’.”

* Leadership News confirmed: “Rosy Meurer breaks silence on shaky marriage rumours… emphasizing her marriage to Olakunle Churchill is solid.”

Echotitbits take:

This situation highlights the “healing vs. optics” battle often seen in Nollywood. While a peaceful co-parenting relationship between Churchill and Tonto Dikeh is a positive step for their son, it inadvertently places Rosy Meurer under a microscopic lens. Her extreme “take a bullet” rhetoric suggests a need to reassert her territory, but it also signals that the pressure of public opinion is starting to weigh heavily on the household. Watch for whether Tonto Dikeh maintains her “new life in Christ” silence or if she eventually claps back at Rosy’s narrative.

Source: Premium Times — https://www.premiumtimesng.com/entertainment/naija-fashion/857603-rosy-meurer-denies-unfollowing-husband-after-tonto-dikeh-churchill-reunion.html February 19, 2026

Photo Credit: Premium Times

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Entertainment Boom: Animation Cited as Key Driver for Future African Economy

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February 19, 2026

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Reporting by Vanguard indicates that industry experts are increasingly viewing animation as a major catalyst for economic growth in Nigeria and across the continent. Keyede Ajakaiye-Heidel, a prominent voice in the sector, argued during a cultural forum that “animation can do more for the African economy than we think” by tapping into the global demand for diverse storytelling. As Nigeria’s creative industry continues to expand, the animation sub-sector is emerging as a significant source of employment for youths and a vehicle for cultural export.

According to a new report documented by ThisDay, the cultural and creative realities of Nigeria’s comic book and animation industry are becoming more sophisticated, attracting interest from international streaming giants.

The report highlights that local creators are moving beyond traditional themes to produce high-quality content that resonates with both domestic and global audiences. This shift is being supported by new digital banking features—such as those recently launched by Wema Bank—which aim to provide creative entrepreneurs with better access to credit and international payment gateways.

Validation from The Punch shows that the rise of “Afro-pop” sensibilities in visual media is also driving this trend.

For instance, the release of new singles like “PRESSURE” by SB Mena is being paired with high-end animated music videos to capture the Gen-Z market.

The Guardian noted that “the intersection of tech and art is creating a new billionaire class in Nigeria’s creative sector,” suggesting that government policy should now focus on providing tax incentives for animation studios to scale their operations.

Echotitbits take:

Animation is the “silent giant” of the creative economy. Unlike live-action, it has fewer logistical hurdles related to physical infrastructure and can be produced remotely for a global market. If Nigeria can invest in high-speed internet and specialized training, the “Orange Economy” could soon rival the oil sector in terms of non-oil revenue.

Source: Vanguard – https://www.vanguardngr.com/2026/02/keyede-ajakaiye-heidel-animation-can-do-more-for-african-economy-than-we-think/, and February 19, 2026

Photo credit: Vanguard

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Legal Tussle: Court Fixes Final Date for ₦5 Billion DSS vs. SERAP Suit

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February 19, 2026

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In an update published by Channels TV, the High Court of the Federal Capital Territory has scheduled February 19, 2026, for the adoption of final addresses in the ₦5 billion defamation lawsuit filed by the Department of State Services (DSS) against the Socio-Economic Rights and Accountability Project (SERAP). The suit stems from allegations made by SERAP that DSS operatives “invaded” their Abuja office, a claim the security agency dismisses as false and damaging to its reputation. The court proceedings have reached a critical stage after SERAP concluded its defense.

Reporting by Premium Times indicates that during the cross-examination, SERAP officials admitted to using strong language such as “intimidation” and “harassment” in their public statements. The DSS argues that these descriptions wrongly depicted a routine “housekeeping” visit to establish relations with the organization’s new leadership.

The claimant asserts that SERAP’s widely reported allegations led the international community to believe the Federal Government was using security agencies to stifle civic space.

Validation from Daily Post shows that the outcome of this case is being closely watched by human rights groups and legal experts.

Tribune Online noted that “the court’s decision will set a significant precedent for how NGOs interact with state security agencies” and the boundaries of public criticism.

If the court finds SERAP liable, the hefty ₦5 billion claim could significantly impact the organization’s ability to operate in Nigeria.

Echotitbits take:

This case is a proxy battle for the freedom of expression and the limits of institutional reputation. A victory for the DSS could chill the vocal advocacy of other NGOs, while a victory for SERAP would embolden civil society to continue its watchdog role. The “defamation” angle is a sophisticated legal tool being used here to navigate the sensitive ground of state-citizen relations.

Source: Channels TV – https://www.channelstv.com/2025/11/25/court-fixes-february-19-for-final-address-in-%E2%82%A65bn-suit-against-serap/, and February 19, 2026

Photo credit: Channels TV

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