Tantalizers Plc has announced a significant investment in its entertainment and media subsidiary, Tantainment Limited. The company has secured a N2 billion equity investment from RGM Materials Solutions Limited, marking a major step in its expansion into the entertainment sector.

According to a filing on the Nigerian Exchange dated 9 February 2026, signed by the company’s secretary, Olamide Babawale-Mo, the funds will be directed towards acquiring strategic studio equipment and completing ongoing works at its Ikeja-based “Chances Live Studio.”

The group emphasized that this investment represents a major transformation and diversification milestone for Tantainment Limited, signaling Tantalizers Plc’s broader ambitions in the entertainment industry.

As a result of the investment, RGM Materials Solutions, a private company, now holds a 10% stake in Tantainment Limited, a wholly-owned subsidiary of Tantalizers Plc. This valuation includes Tantainment’s tech-driven live game show, ‘Chances by Tantainment’, slated for launch in the second quarter of 2026, with RGM Materials’ 10% stake reflecting its share in the platform.

Tantalizers Plc stated that the transaction was completed after internal approvals and is subject to post-completion filings and regulatory requirements.

Alhaji Adam Nuru, Chairman of Tantalizers, commented on the transaction, stating, “Tantainment remains a tech-driven, standalone growth platform within the Group, reflecting our commitment to unlocking value responsibly and sustainably for all stakeholders.”

Tantalizers' move into media intensified in May 2025, with the acquisition of Grand Media Projects Limited, a media and entertainment company founded by filmmaker Tade Ogidan. In June 2025, Tantalizers entered into an agreement with Degue Broadcasting Network (DBN) Television to assist in reviving the channel and delivering fresh entertainment content to viewers. Tade Ogidan joined the Tantalizers board in July, as the company focused on building its ‘foodtainment’ model—a blend of food services and entertainment experiences.

Its flagship show, “Chances by Tantainment”, highlights the company’s push to create engaging entertainment experiences.

The company is currently priced at N5.30, showing a year-to-date increase of 112.80%.