PRESS RELEASE Fake News Alert: Ikeja Electric Slams "Ghost" Group Over Defamatory Smear Campaign
By Omeiza Dania Premium News Magazine 5th February 2026_ IKEJA-LAGOS Electric (IE), Nigeria’s largest power distribution firm, has formally fired back at a viral social media report targeting its top leadership, describing the publication as a "malicious fabrication" designed to destabilize the company’s reputation. The power giant issued a stern rebuttal on Wednesday, February 4th, following the rapid spread of claims on WhatsApp and X (formerly Twitter) that alleged professional misconduct by the company’s CEO, Mrs. Folake Soetan, and Board Chairman, Dr. Kola Adesina. The "Ghost" Organization Exposed In a swift investigative response, Ikeja Electric revealed that the entity behind the report , the so-called 'Nigerian Global Business Forum appears to be a phantom organization. According to the DisCo, the group has no legal registration or corporate footprint either in Nigeria or overseas. Furthermore, the individuals who signed the defamatory statement...