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Praise Eguajoe, Mariam Bello, Others Win N32m at 2023 FUZE Festival

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2023 FUZE Festival

By Modupe Gbadeyanka

Not less than N32 million was taken home by 12 Nigerian youths at the grand finale of the FUZE Talent Show organised by Stanbic IBTC Pension Managers on December 23, 2023, at the Livespot Entertarium in Lagos.

The top three winners were given cash prizes in music, dance, fashion, and technology categories of the event, which had A-List Nigerian artists, like Adekunle Gold, Pheelz, Fave and NS thrilling the guests.

Business Post gathered that cash prizes of N5 million, N2 million and N1 million were presented, respectively to the first, second and third-place winners of each category.

Praise Eguajoe (Dance category), Mariam Bello (Fashion category), Chioma Ukpabi-Steve (Tech category); and Atonopriya Cotterell (Music category) emerged as the first-place winners, and each walked away with N5 million cash prize.

The FUZE Talent Show, which received an overwhelming response with over 4,000 entries from applicants, provided a platform to showcase raw talent from participants across Nigeria.

The journey to the finals was rigorous, with 28 contestants taken through a two-week boot camp, several levels of competition, and weekly elimination shows, after which the top 12 contestants secured their spots in the thrilling finals.

The event was not just a talent showcase but an unforgettable experience filled with excitement and fun. Over 10,000 attendees enjoyed a full-day festival featuring a marketplace and an unforgettable concert where A-List Nigerian artistes – Adekunle Gold, Pheelz, Fave and NSG, thrilled the youthful crowd with hit after hit. Attendees enjoyed all of this for free, keeping with the true spirit of the yuletide season – the season for giving!

“It was truly an extraordinary showcase of Nigeria’s diverse and immense talent pool. At Stanbic IBTC Pension Managers, we do not only focus on professionally managing your retirement funds but also equip you with the knowledge to enable you to make the right decisions that enable you to optimize your retirement benefits, no matter your age.

“This is why we have put together this important platform to ensure that young Nigerians who have talents in diverse areas, get the encouragement that they need to truly achieve the extraordinary. Here, we believe that your best days are always ahead; so we aim to help you identify and seize the opportunities to harness them,” the chief executive of Stanbic IBTC Pension Managers, Mr Olumide Oyetan, said.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Dangote Unveils Phone Number to Report MRS Stations Selling PMS Above N739

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Dangote monopoly Political Economy of Failure

By Modupe Gbadeyanka

A hotline number, 0800 123 5264, for Nigerians to report any MRS Oil Nigeria Plc filling stations selling Premium Motor Spirit (PMS), commonly known as petrol, above the approved pump price of N739 per litre, has been released by Dangote Petroleum Refinery.

The private refiner said the number was now active nationwide, enabling consumers to promptly report violations and help maintain fair pricing across over 2,000 MRS stations.

This measure follows the refinery’s recent commencement of nationwide PMS sales at N739 per litre—a strategic intervention aimed at stabilising fuel prices and easing the financial burden on Nigerians during the festive season.

“We encourage Nigerians to avoid purchasing PMS at inflated prices when locally refined fuel is available at N739 per litre.

“Report any MRS station selling above this price by calling our hotline. Together, we can ensure that the benefits of this price reduction reach every consumer,” the company stated in a statement.

The organisation stressed its mission to deliver affordable, high-quality fuel while safeguarding national economic interests, reaffirming its commitment to steady supply, backed by a guaranteed daily output of 50 million litres, and warned against attempts to create artificial scarcity or manipulate supply.

Regulatory authorities have been urged to remain vigilant and take decisive action against unpatriotic practices.

By refining locally at scale, Dangote Refinery is reducing Nigeria’s dependence on imports, conserving foreign exchange, stabilising the Naira, and strengthening energy security. This initiative represents a significant milestone in the country’s journey toward sustainable energy solutions and economic recovery.

The refinery also issued a stern warning against attempts by unscrupulous operators to create artificial scarcity in response to the price reduction, calling on government agencies to act decisively.

“Any attempt to create artificial scarcity or manipulate supply to frustrate recent price reductions is unpatriotic and unacceptable. We urge regulatory authorities to remain vigilant and take firm action against such practices, especially during this critical festive period,” the statement added.

Consumers were advised to resist purchasing fuel at inflated prices when cheaper, high-quality alternatives are readily available.

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ANLCA Airport Chapter Scores Salamatu High on Stakeholder Engagement, Trade Facilitation

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ANLCA Airport Chapter

By Bon Peters

The Airport Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA) at Omagwa Rivers State has praised the Customs Area Controller for Customs Area 1 Command, Comptroller Salamatu Atuluku.

At the end-of-the-year party attended by stakeholders, including the leader of the association’s chapter, Mr Charles Onyema, said the customs officer has done well in stakeholder engagement and trade facilitation.

At the event held last Friday, he said his association has been enjoying a very cordial relationship with other organisation in the ecosystem.

“You can see what is happening today, everybody is working together and our operations here are seamless,” he noted.

He stated that apart from creating a very robust business environment for his members and other stakeholders to operate, he has taken a decision to build and commission a befitting ANLCA Secretariat which would be completed soon and be commissioned by the ANLCA national president, Mr Emenike Nwokeoji.

The ANLCA chapter chief said since “Comptroller Salamatu Atuluku assumed office at Customs Area 1, Port Harcourt Command, it has been a different ball game, facilitating  trade and increasing Revenue generation.”

“I remember I told her she was a mother during her maiden visit to the airport.

“You know when you have a woman in charge of an affair, food will not lack, compassion will not lack and motherly love will not lack.

“She is very wonderful in stakeholder engagement, revenue generation and trade facilitation,” Mr Onyema enthused.

Projecting into the future, Mr. Onyema said the year 2026 would be better for his members, adding that he has advised them on financial discipline which he said would help them during the trying period.

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FG Declares Holidays for Christmas, New Year Celebrations

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as public holidays

By Adedapo Adesanya

The federal government has declared Thursday, December 25, and Friday, December 26, 2025, as public holidays to mark Christmas and Boxing Day respectively.

The government also declared Thursday, January 1, 2026, for the New Year celebration.

The declaration was contained in a statement issued on Monday by the Permanent Secretary of the Ministry of Interior, Mrs Magdalene Ajani, on behalf of the Minister of Interior, Mr Olubunmi Tunji-Ojo.

According to the statement, the Minister urged Nigerians to reflect on the values of love, peace, humility and sacrifice associated with the birth of Jesus Christ.

Mr Tunji-Ojo also called on citizens, irrespective of faith or ethnicity, to use the festive season to pray for peace, improved security and national progress.

He further advised Nigerians to remain law-abiding and security-conscious during the celebrations, while wishing them a Merry Christmas and a prosperous New Year.

Business Post reports that on these public holidays – the foreign exchange market, the Nigerian Exchange (NGX), as well as the NASD Over-the-Counter (OTC) Securities Exchange will not open to trade.

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