Feb 12 • 00:00 UTC 🇳🇬 Nigeria Punch

RGM Materials Solutions invests N2 billion in Tantalizers subsidiary

RGM Materials Solutions has invested N2 billion in Tantalizers' entertainment subsidiary, Tantainment Limited, which aims to launch a live game show in 2026.

RGM Materials Solutions Limited has announced a significant investment of N2 billion in its subsidiary, Tantainment Limited, as disclosed by Tantalizers Plc through a corporate filing on the Nigerian Exchange Limited. This investment grants RGM a 10 percent stake in Tantainment, which was recently valued at N30 billion, indicating the growing confidence in the company's business model and future prospects. Tantainment is preparing to launch its live game show 'Chances by Tantainment', slated to begin broadcasting in the second quarter of 2026.

The investment is part of Tantalizers Plc's broader strategy aimed at transforming and diversifying its operations within Nigeria's entertainment landscape. The funds from this investment will primarily be directed towards acquiring state-of-the-art studio equipment and completing ongoing projects to support the launch of their innovative offerings. This initiative is expected to enhance Tantalizers' presence in the entertainment and digital content sectors, which are rapidly expanding in Nigeria, reflecting a shift towards technology-driven solutions in media and entertainment.

Overall, the infusion of capital from RGM Materials Solutions highlights a pivotal moment for Tantalizers and Tantainment, showcasing their commitment to adapting to market demands and leveraging new opportunities in Nigeria's dynamic entertainment industry. As the sector continues to grow, such investments are crucial for fostering innovation and expanding viewer engagement, thus benefiting not only the companies involved but also the broader entertainment ecosystem in Nigeria.

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