Sony Invests $300 Million in Kadokawa, Expanding Game and Anime Portfolio Sony, the Japanese tech giant, announced on Thursday that it has invested over $300 million for a 10% stake in Kadokawa, the media company behind the hit video game Elden Ring. Kadokawa, known for its anime productions and manga publishing, revealed last month that … Read more
Operatives of the Oyo State Police Command have detained the principal of Islamic High School Bashorun Ibadan, Mr. Abdullahi Fasasi. EKO HOT BLOG reliably gathered that Fasasi was invited by the police on Wednesday and has been detained since then. The principal was detained in connection with the stampede that occurred in the school on … Read more
The Economic and Financial Crimes Commission (EFCC) may have invited the suspended chairmen of the 18 local governments in Edo to its office for interrogation. The invitation was contained in a letter by EFFC Director of Investigation, Abdulkarim Chukkol and addressed to the Secretary to the State Government. Chukkol, in the letter dated December 17, … Read more
PoS operators in Nigeria raised fees due to a new ₦50 levy. The ₦50 levy applies to transactions of ₦10,000 or more. The charge affects both fintech platforms and bank-affiliated PoS agents. Point-of-Sale (PoS) operators across Nigeria have increased their withdrawal fees, now charging between ₦150 and ₦200 for every ₦5,000 transaction, up from ₦100 … Read more
In a groundbreaking move for prospective car owners, Stanbic IBTC Bank has partnered with CIG Motors, the driving force behind the renowned automobile brand GAC Motors. Eko Hot Blog reports that the partnership, officially signed at the GAC G-Style showroom, seeks to streamline the often-complex process of owning a brand-new vehicle by introducing a flexible … Read more
Dangote Refinery reduces PMS price to N899.50 per litre. Price cut aims to ease transport costs during holidays. Consumers can buy extra litre on credit with bank guarantee. Dangote Petroleum Refinery has announced a reduction in the price of its Premium Motor Spirit (PMS) to N899.50 per litre, effective immediately. The announcement was made in … Read more
Amanda Amaeshi, a passionate activist and social justice advocate, has been named My Life My Say’s 2024 “Changemaker of the Year.” The announcement was made during the “Next Generation Conference,” held on November 22, 2024, at the Barbican Centre in London. This annual event brings together young leaders, activists, and influential speakers to discuss innovative … Read more
The World Health Organization (WHO) has raised concerns about African leaders becoming complacent in addressing diabetes, labeling it a “silent killer. ” The WHO’s Regional Director for Africa, Dr. Matshidiso Moeti, issued a stark warning during the 2024 World Diabetes Day commemoration, emphasizing the disease’s escalating prevalence due to urbanization, unhealthy diets, and physical … Read more
Akwa Ibom State Governor, Umo Eno, has declared a state of emergency in the power sector to improve electricity supply across the state. This decision aligns with his all-inclusive economic plan, the ARISE Agenda, which aims to boost development in various sectors. Editor’s Picks: Again Price Of Petrol Landing Cost Drops – See New Price … Read more
In a tragic case of domestic violence, 54-year-old Eseni Chima has been arrested and charged in Ebonyi State for allegedly murdering his wife, Ugochukwu Chima. Eko Hots Blog reports that Eseni is accused of striking Ugochukwu to death with an iron rod. EDITOR’S PICK Delta State Government Implement Law Prohibiting Human Trafficking Badenoch ‘A Knock … Read more
Riding high on his recent bail victory at the Federal High Court, former Kogi State Governor, Yahaya Adoza Bello is set to begin a new legal battle for bail this morning at the High Court of the Federal Capital Territory (FCT), Abuja. Bello, who faces charges of public trust violations by the Economic and Financial … Read more
The Major Energy Marketers Association of Nigeria (MEMAN) has reported a marginal decrease in the landing cost of Premium Motor Spirit (PMS), signaling some stability in the downstream petroleum sector. According to MEMAN, the landing cost of PMS fell slightly to ₦970 per litre in December 2024, compared to ₦971 per litre in November. This … Read more
The Nigerian Bottling Company Limited (NBC) has admitted to the Competition and Consumer Protection Tribunal that the mislabeling of the zero-sugar variant of Limca Lime-Lemon was caused by a production error at its Abuja factory. The company confirmed to the Federal Competition and Consumer Protection Commission (FCCPC) that the mislabeling was accidental, not deliberate. NBC … Read more
Governor Charles Chukwuma Soludo of Anambra State has unveiled a comprehensive strategy to tackle the security challenges confronting the state, including kidnapping, armed robbery, cultism, and drug epidemic, among others. Eko Hot Blog reports that in a recent broadcast, Soludo emphasized the importance of security, law, and order in achieving his administration’s vision of a … Read more
Super Eagles striker Kelechi Iheanacho is set to depart Spanish La Liga club Sevilla in January following a disappointing six-month stint at the Ramón Sánchez Pizjuán Stadium. Iheanacho, who joined from Leicester City last summer, has struggled to make an impact at Sevilla, finding himself behind Isaac Romero in the striker pecking order, despite Romero’s … Read more
The market value of Taiwo Awoniyi, the 27-year-old striker for both Nottingham Forest and the Super Eagles, has dropped by €6 million, according to the latest player valuations released on Monday by the football statistics platform Transfermarkt. Awoniyi’s value has decreased from €28 million to €22 million in just three months, marking a significant decline … Read more
By Tunde Odesola The official name for cage fight is Mixed Martial Arts. Street fight, known as ‘ìjà ìgboro’ in Yoruba, is the bane of Ibadan people, says the panegyric of Oluyole, the city of brown roofs scattered among seven hills. MMA, I think, is organised street fighting. But, long before MMA became a global … Read more
Kylian Mbappé and Vinícius Júnior both found the net as Real Madrid secured a dominant 3-0 victory over Mexican side Pachuca in the inaugural Intercontinental Cup final in Doha on Wednesday. Mbappé opened the scoring in the 37th minute, tapping in from close range after a brilliant assist from Vinícius. Rodrygo then extended Madrid’s lead … Read more
President Bola Tinubu has approved the reconstitution of the executive management teams for 12 River Basin Development Authorities under the Ministry of Water Resources. EKO HOT BLOG reports that this was announced in a statement by Tinubu’s Special Adviser on Information and Strategy, Mr. Bayo Onanuga, on Wednesday. The reconstitution, which involves 72 appointees, is … Read more
Mikel Arteta is hopeful that Gabriel Jesus’ Carabao Cup hat-trick will provide the “spark” needed to reignite his Premier League goalscoring form. The Brazilian striker netted three second-half goals against Crystal Palace, helping Arsenal come from behind to secure a place in the semi-finals. EDITOR’S PICKS PDP Declares Ethiope East Federal Seat Vacant Following Ibori-Suenu’s … Read more