Grace FM and Confluence Television, both located in Lokoja, Kogi State, have been razed by a midnight fire.
The radio and television stations, owned by Senator Tunde Ogbeha, went up in flames at about 3am on Monday.
The inferno lasted till about 9:30am.
The cause of fire remained unknown as at press time on Monday.
The stations, said to be worth close to N1 billion, was burnt to ashes.
It was learnt that all the studios and transmitters were consumed by the fire.
Ogbeha was said to be in Lokoja for a meeting when the incident occurred.
Ogbeha is a member of the Board of the Niger Delta Development Commission.
He was said to have attended an all night meeting in Lokoja.