🚨 BREAKING: Universal Music Group (UMG) has acquired a majority stake in Mavin Records in a multi-million dollar deal.

musicbusinessworldwide.com/universal-musi…

Afrobeats superstar Rema will be performing at the 🇬🇧 BRIT Awards 2024.

Wizkid’s “Essence” (feat. Tems) has now gone 4X platinum in the U.S.

The song has sold over 4 million units in the United States.

We’ve lost one of the greatest African entrepreneurs of our time.

Rest in peace, Herbert Wigwe. 🕊

“I’m happy that we all get to shine.”

— Davido, speaking ahead of the #GRAMMYs

So far, 5 Nigerian artists have sold out The O2 Arena in London.

• Wizkid (5x)
• Davido (3x)
• Burna Boy (1x)
• Asake (1x)
• Rema (1x)

Afrobeats to the world. 🙌🏾

Davido, Uncle Waffles, and Tokischa will headline @UnitedMasters’ GRAMMY weekend concert tagged “A Celebration Of Independence”.

The event takes place next Friday, February 02, 2024, at the Hollywood Palladium in Los Angeles, California.

Aliko Dangote’s net worth has surged by $6.9 billion so far this year. 🚀

nairametrics.com/2024/01/25/ali…

Burna Boy will be performing at the 2024 #GRAMMYs on February 4th.

He will become the first African artist to perform at the biggest awards show in music.

Chess In Slums Africa has signed a 3-year grant deal with @Lufthansa Airlines global help alliance to build a Chess academy and STEM innovation lab in Lagos, Nigeria.

Congrats to Tunde Onakoya and everyone at CHESS IN SLUMS AFRICA for all the great work they do.

Amazon Prime Video to significantly reduce its investments and operations in Africa and the Middle East.

shockng.com/amazon-decreas…

Tyla’s “Water” is now certified Gold in the UK.

Bayo Ogunlesi is now estimated to have a net worth of $2.3 billion, according to the Bloomberg Billionaires Index.

This comes after BlackRock announced a proposed $12.5 billion acquisition of his private equity firm, Global Infrastructure Partners (GIP).

Source: Financial Post

Tems has achieved a remarkable 2 billion streams across all credits on Spotify.

This makes her the most-streamed female African act on the platform. 🙌🏾

“A Tribe Called Judah” has officially generated ₦1 BILLION in box office revenue!

Massive congratulations to Funke Akindele and FilmOne Entertainment. 👏🏾

The message is clear: Nollywood is ready to lift off! 🚀

1000%

Hello, 2024! 🎊

In just 2 weeks, #ATribeCalledJudah has become the highest-grossing Nollywood film of 2023! 🚀

It has generated ₦613M in box office revenue and will surely overtake “Battle on Buka Street”, the highest-grossing ever at ₦668M.

Shout out to @FunkeAkindele and @filmoneng. 🙌🏾

Shout out to Mr. Incredible The Guy for following us! 🙌🏾

Incredible! 🚀