Wizkid, Linda Ikeji Clash Again At 2016 MAMA

By Modupe Gbadeyanka A foremost pay-tv service provider in Africa, MultiChoice, has raised an alarm that its over $85 million investments in local content through Africa Magic are under threat from piracy. The Africa Magic channel airs movies produced by local filmmakers across the continent. MultiChoice said it pumped that amount of money into domestic content over the last few years to create opportunities for young creators to earn a living from their work and for Africa to tell its authentic stories. It noted that this was done through the production and acquisition of films promoting the African culture, but

Get ready for an entertaining weekend as we bring you a lineup of captivating must-watch dramas. From the suspenseful moments of revelation in Forever to the challenges of unravelling family secrets in Gaslight, tune in to Africa Magic Urban, Starlife, Zee World, and ROK 2 this weekend on GOtv for a diverse range of drama for your viewing pleasure. Forgiveness: Chiamanda is haunted by a single mistake and grapples with years of regret. As the weight of her secret becomes too heavy to hide, she faces the challenge of revealing the truth to her nine-year-old son. Starring Linda Osifo and

From the battle of power and dominance in Slum King to the thrilling heists and betrayals in Chronicles and the heartwarming tales of friendship and ambition in Moments, the new series on Africa Magic Showcase has everyone in a chokehold with their compelling stories. To make this entertainment extravaganza even more exciting, MultiChoice in celebration of Africa Magic’s 20th anniversary is providing GOtv Supa subscribers unrestricted access to GOtv Supa+ throughout November. Here are some of the shows to watch out for. Slum King: Edafe, who has spent 15 years in prison and is now facing a death sentence following

Veteran Nollywood actress, Joke Sylva, has said Africa Magic heralded a paradigm shift in the entertainment industry when it launched in Nigeria in 2003. The actress in an interview with The Guardian Newspaper, said the platform raised the bar through huge investment in equipment and technology for movie production, which spurred the development and growth of talents in the industry. According to her, the popular series, Tinsel, upped the ante for storytelling and production standards in Nollywood. “There was a comment I sent to Mr Odugbemi recently where I said Tinsel was almost envisioning the future of Nollywood because when

By Modupe Gbadeyanka The huge demand for healthy treats and tasty frozen yoghurt flavours has made the management of Pinkberry Kafe to open new stores in Lagos. Pinkberry Gourmet Frozen Yoghurt is a franchise of Eat N’ Go Limited, the leading franchisee of Dominos Pizza and Coldstone creamery. The brand seeks to continuously upgrade its menu in a bid to delight and excite its customers while maintaining consistent, quality treats with various discounted deals at every point in time. Since the launch of Pinkberry Kafe and Pinkberry Frozen Yoghurt in Lagos, there have been calls from consumers to expand the

By Adedapo Adesanya The latest support for the second term candidacy for Mr Akinwumi Adesina as President of the African Development Bank (AfDB) has come from the Executive Council of the African Union (AU). The decision was taken at the 36th Ordinary Session of the AU Executive Council held during the AU Summit in Addis Ababa, Ethiopia from February 6 to 7, 2020. The endorsement will see Mr Adesina, who was elected for the first term as the 8th President by the bank’s Board of Governors in its headquarters in Abidjan, Cote D’Ivoire on May 28, 2015, run for another

By Dipo Olowookere Nigeria’s digital publishing company Publiseer has been accepted into the Venture Incubation Programme Winter School 2018. The news was delivered to Publiseer by the Programme Coordinator, Shiela Yabo. The programme will take place at Solution Space, Graduate School of Business, University of Cape Town, in Cape Town, from 3 September 2018 to 30 November 2018. The programme twice every year selects 15 of the best digital startups from across Africa in the areas of fintech, e-commerce, healthtech, sport & news, IoT, energy, agritech and edtech. The Venture Incubation Programme (VIP) is designed to provide a supportive ecosystem

By Modupe Gbadeyanka NASD OTC Exchange, on Monday, March 20, 2017, opened its Right Issue, hoping to raise about N165.5 million from the exercise, which closes on Friday, April 28, 2017. NASD says proceeds from the exercise would be added to its capital base to meet up with the minimum capital of N500 million stipulated by the Securities and Exchange Commission (SEC), the market regulator. Business Post reports that Capital Bancorp Plc is the lead issuing house to the NASD Plc Rights Issue, while Capital Assets Limited is the Joint Issuing House to the Rights. Furthermore, United Securities limited is

By Modupe Gbadeyanka Market players had their focus on the upcoming Primary Market Auction (PMA) as a total offer of N50 billion OMO sale was left unsubscribed. Expectedly, the OBB (9.3%) and Overnight (10.0%) rates edged lower by 142bps apiece. Sell-side sentiment at the longer end of the curve stoked a bearish close to the T-bills market, expanding average T-bills yield by 24bps to finish at 20.2 percent. Similarly, modest sell-side pressure in the 7Y instrument nudged average bond yields marginally higher by 1bp to close at 15.7 percent. The upcoming PMA auction is likely to be significantly oversubscribed, to

By Dipo Olowookere Former President Olusegun Obasanjo has been lambasted by the presidency for having the effrontery to criticise the administration of President Muhammadu Buhari for the umpteenth time. In his latest outburst, the former Nigerian leader, who governed the nation first as a military officer and later as a civilian, said the country was getting more divided under his former ‘boy’ in the military. But the Senior Special Assistant to the President on Media and Publicity, Mr Garba Shehu, in a statement on Sunday to respond to Mr Obasanjo’s comments, described the Ota, Ogun State-born farmer as the “Divider-in-Chief”

By Ahmed Rahma The Managing Director of Galaxy Backbone (GBB), Mr Mohammad Abubakar, on Thursday, said that the organisation would need not less than N200 billion for broadband connectivity at National Broadband Plan (NBP) recommended speed to the Ministries Departments and Agencies (MDAs). He also said that about N35 billion would be needed to provide effective internet service at 2mbps to federal government’s agencies. He, therefore, sought the assistance of the National Assembly to enact laws that would enable it to operate without bureaucracy. Mr Abubakar, while speaking in Abuja when the parliament’s joint committee on Information Communication and Technology

By Dipo Olowookere Last week, the share price of Academy Press Plc significantly grew by 48.82 per cent to close at N1.89 compared with the previous week’s value of N1.27 as investors buy the stocks in anticipation that the demand for the company’s products will rise in the coming months. The company was one of the 31 equities that appreciated in price in the week, lower than the 34 equities in the previous week. UPDC gained 20.39 per cent to trade at N1.24, Learn Africa rose by 11.11 per cent to N2.50, Caverton improved by 9.91 per cent to N1.22,