The Lagos State Government has cancelled the 2025 Greater Lagos Fiesta just hours before its scheduled commencement on December 31, 2025, urging residents to usher in the New Year through prayers rather than public celebrations. Titansloaded reports that the directive was approved by Governor Babajide Sanwo-Olu and announced in a statement issued by his Special Adviser on Media and Publicity, Mr Gboyega Akosile. The government encouraged Lagosians to stay at home and engage in personal and collective prayers for the state and the nation. The annual Greater Lagos Fiesta is traditionally marked by concerts, fireworks, cultural displays, and countdown events across multiple…
Author: Titansloaded
Lagos State Governor Babajide Sanwo-Olu has reflected on his leadership journey, outlining the values and impact he hopes will define his legacy as governor of Nigeria’s commercial hub. Titansloaded reports that the governor, in a rare interview, described his first weeks in office in 2019 as a period dominated by urgent, street-level leadership rather than ceremonial governance. Sanwo-Olu recalled that he was sworn in during the peak of the rainy season, with flooding, refuse management, and the notorious Apapa gridlock already posing serious challenges to daily life in Lagos. According to him, the circumstances forced him out of the comfort…
Nigerian billionaire Femi Otedola has exited Geregu Power Plc following a landmark $750 million divestment, marking one of the biggest private-sector exits in Nigeria’s power industry. The transaction ends Otedola’s long-standing involvement in the power generation firm. Titansloaded reports that the deal was completed on December 29, 2025, with MA’AM Energy Limited acquiring Otedola’s indirect controlling stake in Geregu Power through the purchase of his shares in Amperion Power Distribution Company Limited. The sale involved Otedola’s 95 per cent stake in Amperion Power, which holds a majority interest in Geregu Power. This effectively transferred about 77 per cent controlling interest in the…
President Bola Ahmed Tinubu has approved the appointment of Rotimi Iseoluwa Oyedepo (SAN) as the new Director of Public Prosecutions (DPP) in the Federal Ministry of Justice. Titansloaded reports that the appointment was confirmed in a letter dated December 23, 2025, issued by the Federal Civil Service Commission on behalf of its chairman. The commission stated that the appointment was made in the public interest. Oyedepo is expected to assume office following his formal transfer from the Economic and Financial Crimes Commission (EFCC) to the Federal Civil Service. He will succeed Abubakar Babadoko, who is set to retire on December…
The United States government has granted annual approval to South Korean tech giants Samsung Electronics and SK Hynix to ship chipmaking equipment to their manufacturing plants in China for 2026. Titansloaded reports that the approval follows Washington’s earlier decision to withdraw blanket export waivers that had allowed major semiconductor firms to send U.S.-made equipment to China without periodic reviews. Under the revised framework, licences must now be renewed yearly. Industry sources disclosed that the approval offers short-term operational stability for **Samsung Electronics** and **SK Hynix**, both of which operate large memory chip facilities in China that support global demand, particularly for…
The Otun Akile of Remoland and Chief Executive Officer of Adron Group, Sir Aare Adetola Emmanuelking, KOF, has extended formal felicitations to the Akarigbo and Paramount Ruler of Remoland, His Royal Majesty, Oba (Dr.) Babatunde Adewale Ajayi, and all sons and daughters of Remoland on the occasion of the 2nd Remo Day Celebration, described the event as a significant affirmation of Remo heritage, unity, and progress. In a goodwill message to mark the celebration, Aare Emmanuelking noted that Remo Day reflects the resilience, cultural pride, and collective aspiration of the Remo people, whose unity continues to drive sustainable growth and…
The Federal Inland Revenue Service (FIRS) has dismissed reports claiming that Nigerians will be required to obtain new physical tax identity cards under the country’s revised tax framework. Titansloaded reports that the clarification follows widespread public confusion triggered by misinformation surrounding the implementation of the Nigerian Tax Administration Act (NTAA), one of the key tax reform laws recently signed by President Bola Ahmed Tinubu. Read Also: FG Clears Air on Alleged Alteration of Tax Laws According to FIRS, there is no provision in the new law requiring citizens to apply for or carry separate tax identity cards. The agency explained that…
The Federal Government has rejected claims that it altered recently gazetted tax laws after their passage by the National Assembly, describing the allegations as unfounded and misleading. Titansloaded reports that the clarification follows growing concerns in the National Assembly over alleged discrepancies between the tax reform bills passed by lawmakers and the versions later signed into law by President Bola Tinubu. Addressing the issue, the Minister of Information and National Orientation, Mohammed Idris, stated that the Executive did not tamper with the bills at any stage. He explained that once legislation is duly passed and transmitted to the President, the…
The National Agency for Food and Drug Administration and Control (NAFDAC) has intensified efforts to protect public health by deploying officers nationwide to prevent the importation of recalled noodle products into Nigeria. Titansloaded reports that the agency confirmed the development in an official statement, noting that the action is aimed at safeguarding consumers and ensuring that unsafe food items do not enter the Nigerian market. According to NAFDAC, the recalled noodles were flagged following regulatory findings that raised concerns about their safety for consumption. The agency stressed that allowing such products into the country could pose serious health risks to…
The Nigerian National Petroleum Company Limited (NNPCL) petrol price reduction has taken effect, with the state-owned firm lowering the pump price by ₦80 per litre. This marks the third fuel price adjustment in December 2025. Titansloaded reports that NNPCL outlets in Abuja now sell petrol at ₦835 per litre, down from the previous ₦915 per litre, following continued shifts in the downstream petroleum sector. The latest adjustment follows similar reductions by private marketers, including MRS, BOVAS, and AA Rano, who recently reviewed their pump prices to between ₦739 and ₦865 per litre across the Federal Capital Territory. Read Also: Tinubu…
