Business

At Last MultiChoice Agrees to  Pay Nigeria $37.3m for Tax Settlement

The MultiChoice Group has bowed to the law and reached a settlement with Nigerian tax authorities agreeing to pay a total tax of about $37.3 million. According to a report by Reuters, the broadcaster said, “The total tax amount of $35.4 billion which MultiChoice Nigeria and MultiChoice Africa Holdings will be offset against the security […]

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Business

TECNO Ignites Africa’s Soccer Passion with Charitable Match at AFCON

 Global Innovative Technology Brand TECNO, as the official sponsor of the Africa Cup in Côte d’Ivoire, organized a star-studded charity match on the second day of the opening ceremony. The game featured CAF General Secretary Véron Mosengo-Omba and famous football players, including Jay-Jay Okocha, El Hadji Diouf, Asamoah Gyan, Dennis Oliech, and Erick Otieno, who […]

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Business

MultiChoice Launches Showmax Live Streaming of English Premiership for Less than N2000 Monthly

Showmax, an Africa-focused streaming service, is set to introduce a new look and offers from February 12th. The MultiChoice-owned streaming service announced the relaunch of its Africa service yesterday, as the entertainment business reaffirmed that the heart of its new offering is the world’s first standalone English Premier League plan for mobile, with all 380 […]

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Business

Desktop Video Ads Facing Third Year of Decline as Total Spending Forecast to Drop by 1.4% in 2024

Over the past six years, brands and companies worldwide have spent almost $760bn on video advertising. The amount of money spent on video ads per year has jumped nearly five times in this period, rising from $35.5bn in 2017 to $176.6bn last year. And while the global video ad spending is set to grow by […]

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News

Influencer Advertising Industry Continues Growing with Total Ad Spending Set to Hit $35bn in 2024

The influencer advertising industry is set to have another fantastic year after growing its revenue by 17% to over $30bn in 2023. While some consumers have started losing trust in influencers, the 2024 market projections prove a different story. According to data presented by OnlyAccounts.io, with brands and companies pouring billions into this type of advertising, […]

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Financial

Content Creator Companies Raise $700m Funding Rounds in Nearly Four Times Less than Last Year

After raising more than $4bn in funding rounds throughout 2021 and 2022, content creator companies find it much harder to get fresh capital these days. Although brands and companies still spend billions of dollars on creator marketing, investors` interest in the companies working in this industry is far from where it used to be. According […]

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TechEntertainment

Creative Industry, Politics & Personalities Top Google Nigeria Search 2023

Google unveiled the findings of its 2023 Year in Search for Nigeria, showcasing the most popular searches, notable individuals, actors, musicians, topics, questions, and other subjects that captured Nigerians’ attention throughout the year. Google’s Year in Search is an annual analysis that reveals the top trending lists and also spotlights what the world searches to see, […]

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TechEntertainment

Spotify Unwrap Wrapped 2023 Showcasing  Nigeria’s Diverse Music 

Spotify has today unveiled this year’s edition of Wrapped, its highly anticipated annual recap of listeners’ musical journeys. This immersive experience provides users with a comprehensive overview of their year in music, allowing them to reflect on their preferences and discover hidden gems. This year’s Wrapped showcases the remarkable diversity of music and the passionate […]

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TechEntertainment

Traditional US Pay-TV Services Continue Decline as More Americans Embrace OTT

The US cable and satellite pay-TV services are set to face subscription declines in the coming years as their remaining viewers increasingly shift to over-the-top (OTT) streaming services. Complicating matters are the younger viewers who have never even subscribed to a traditional pay-TV service and likely never will. Those factors are leading to a dramatic […]

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Business

Court Refuses Stopping NBC from Imposing Fines On Erring Broadcast Stations

Justice James Omotosho of the Federal High Court Abuja has dismissed the National Broadcasting Commission (NBC)’s motion seeking an order setting aside its judgement restraining the commission from imposing fines on broadcast stations in the country. Delivering Judgement, Justice Omotosho dismissed all the grounds put forward by the NBC, describing same as an afterthought. Justice […]

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