Business is war.
Tencent Music Entertainment reported a significant increase in its overall revenue, driven by substantial growth within its online music services division. The company’s total revenue rose by 20.6 percent year-over-year, while its net profit jumped 30.6 percent. Revenue generated from online music services grew 27.2 percent, with music subscriptions accounting for a large portion of…
Swedish DJ and producer Eric Prydz has initiated a lawsuit against his former business manager, Thomas St. John, in a California court. The legal filing accuses St. John of fraud and misappropriating 269,000 dollars from the artist. According to the complaint, St. John made unauthorized transfers for unapproved services and then withheld crucial tax documents,…
The XP Music Futures Conference will hold its fifth edition in Riyadh’s JAX District. Organized by MDLBEAST, the event focuses on the Middle East and North Africa’s music sector through industry sessions and live performances. Nada Alhelabi, General Manager at the MDLBEAST Foundation, described reaching the five-year mark as a significant milestone for the regional…
Nigeria’s Marine and Blue Economy Minister Adegboyega Oyetola has praised dockworkers for their essential role in advancing the country’s maritime sector while promising federal support to enhance workplace safety and employee welfare at ports nationwide. Speaking through Nigerian Maritime Administration and Safety Agency Director-General Dayo Mobereola at a Lagos celebration organized by NIMASA alongside the…
Nigeria’s Maritime Administration and Safety Agency has reinforced the importance of Port State Control as a critical tool for promoting maritime safety worldwide while eliminating vessels that fail to meet acceptable standards and protecting marine environments. Director-General Dayo Mobereola addressed participants at a regional training workshop in Lagos organized for Abuja Memorandum of Understanding member…
The All Farmers Association of Nigeria leadership in Oyo State has recognized Power Minister Adebayo Adelabu for delivering financial assistance to agricultural producers through his foundation’s economic support program. State chairman Olumide Ayinla confirmed that beneficiaries received promised funding while noting the minister previously distributed fertilizer shipments that enhanced farm output and reduced cultivation expenses…
United Bank for Africa Group Managing Director Oliver Alawuba has outlined how financial institutions can support infrastructure development across the continent while addressing capital allocation challenges that currently limit economic transformation. Speaking at an investment forum in Abu Dhabi, Alawuba characterized the Chad Connection 2030 initiative as a comprehensive framework encompassing 268 infrastructure and industrialization…
Glovo has established a customer support facility in Abuja, combining artificial intelligence with human operators to enhance reliability across Nigeria’s quick commerce sector. General Manager Lamide Akinola stated the platform integrates technology with local knowledge while maintaining 24-hour operations through satellite connections and backup power systems including solar installations that prevent service interruptions for customers,…
Lagos State is enhancing its fisheries and aquaculture information systems to meet standards established by the Food and Agriculture Organization and European Union, which emphasize standardized data collection for sustainable resource management. Agriculture Commissioner Abisola Olusanya indicated the government collaborates with industry groups including Lagos State Catfish Allied Farmers Association, to maintain consistent records while…
Nigeria Customs Service partnered with the Customs Officers’ Wives Association to deliver medical services and environmental programs benefiting more than 1,000 border residents in Badagry. The Green Border Initiative combined healthcare screenings, including hypertension testing and eye care, with the distribution of industrial sewing machines, grinding equipment and gas cooking systems supported by startup grants…
