Connect with us

Entertainment

Federal Government Allocates Second Batch of ₦5 Billion Creative Fund to Nollywood

Published

on

By Milcah Tanimu

The federal government has disbursed the second installment of the ₦5 billion Creative Fund, launched in collaboration with Providus Bank in December 2023, to support Nigeria’s creative sector. Special Assistant to the President on Digital and Creative Economy, Fegho-x Umunubo, announced the disbursement in an Instagram post this week.

“Update: ₦5 Billion Creative Fund Second Batch Launch. Under the renewed Hope Agenda of Mr. President, Bola Ahmed Tinubu (GCFR), we successfully launched the second batch of the ₦5 Billion Creative Fund in partnership with Providus Bank at Eko Hotels and Suites last week Friday,” Umunubo stated.

He added, “Following the successful disbursement of ₦1.5 billion to four actors/producers for their movie projects, we are excited to support even more creative projects. If you know someone looking for funding for their creative project, share this email address: creatives@providusbank.com.”

The Nollywood industry, traditionally overlooked by conventional financiers, has gained renewed attention with the global rise of Afrobeats and the investment from streaming giants like Netflix and Prime Video. However, this influx of international investment has also pressured some filmmakers to cater to global audiences.

This latest funding provides a significant opportunity for Nigerian creatives, particularly Nollywood filmmakers, to produce content primarily for Nigerian audiences. If properly managed, the Creative Fund could revolutionize the sector, enabling filmmakers and actors to elevate their work to new heights.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Entertainment

Imisi has been crowned the winner of Big Brother Naija (BBNaija) Season 10.

Published

on

Show host Ebuka Obi-Uchendu made the announcement during the grand finale on Sunday, October 5, 2025.

She walked away with the ₦150 million grand prize, courtesy of the show’s sponsors

The top five finalists are Koyin, Dede, Imisi, Sultana, and Kola.

Earlier,  Kaybobo, Isabella, Mensan, and Jason Jae were evicted from the show.

The BBNaija season 10, which began with 29 housemates, ended in spectacular fashion as Imisi triumphed over Dede, who finished as runner-up.

Recall that Imisi revealed that she has no fixed plan for the grand prize if she emerges as the winner, stressing she would first seek professional financial guidance before deciding how to spend the money.

During her final diary session with Big Brother on Sunday, the housemate appeared both excited and reflective as she spoke about her journey, the lessons she had learned, and her hopes for life after the show.

She said, “Honestly, right now I don’t have a set plan for the money.

“I need to seek financial advice first because I’ve never had such a large amount before. I Want to Avoid Costly Financial Mistakes”

Continue Reading

Travel

Abuja-Lokoja Highway Gridlock: FRSC Blames Motorists’ Impatience

Published

on


By: Fabian Apechihin

The Federal Road Safety Corps (FRSC) has expressed frustration over motorists’ lack of cooperation in easing the gridlock on the Abuja-Lokoja highway.

Kogi State Sector Commander, Kumar Tsukwam, told the News Agency of Nigeria (NAN) that officials had been battling since Sunday to clear the traffic, which stretched from Ogbobo/Ozi to the Murtala Mohammed Bridge in Koton-Karfe.

He attributed the gridlock to ongoing road construction, broken-down vehicles on the single lane, and motorists’ impatience.
“Some drivers blocked opposing lanes, worsening the situation. We are doing our best to restore free movement for travellers,” Tsukwam said.

Motorists and commuters lamented the hardship caused by the standstill. Mohammed Yusuf, a driver, said he spent nine hours travelling from Abuja to Lokoja on Sunday.
“I left Abuja before 3 p.m. but didn’t reach Lokoja until midnight. The fuel wasted on the road is unbearable, especially with current prices,” he said.

Another traveller, Christopher Adamu, recounted spending the entire night in traffic after leaving Abuja in the evening. He urged authorities to take urgent measures to address the situation.

NAN reports that a construction company is currently working on the right lane of the highway between Koton-Karfe and Abaji, forcing traffic onto a single lane and worsening congestion.


Do you want me to make this more hard-news (short, direct, fact-heavy) or human-interest focused (emphasizing the commuters’ suffering and quotes)?

Continue Reading

Entertainment

Singer Chike: “I Need Money to Be Happy, Marriage Is Not for Me”

Published

on

By: Fabian Apechihin

Nigerian singer and Nollywood actor, Chike Osebuka, has dismissed the idea of marriage, describing it as a “stupid step” while stressing that his happiness is tied to financial stability.

The 32-year-old artiste made this known during an interview with media personality Chude Jideonwo, where he revealed that he currently has no plans to settle down.

“In my personal opinion, I think it’s a stupid step to get married. For me to be happy, I need a lot of money. This is not even carnal—I just like money. I want money,” Chike stated.

Reflecting on his career, the singer admitted he never imagined music would become his profession until after completing university.

“I would say maybe right after my university, I knew music is what I’ll do for a living. Before then, I just used to sing and disturb everybody around me,” he said.

Chike also recalled enduring tough financial times early in his career, which pushed him into acting roles for about two years just to stay afloat.

Would you like me to make this rewrite more formal for a news report or more conversational for entertainment blogs?

Continue Reading

Trending

Copyright © 2017 Zox News Theme. Theme by MVP Themes, powered by WordPress.