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Global music icon Beyoncé Knowles-Carter has officially achieved billionaire status, according to a new designation from Forbes magazine published Monday. The milestone places her among an elite group of just five musicians to have reached a ten-figure net worth. The 44 year old singer, songwriter, and entrepreneur joins a roster that includes her husband,…
Nigerian record label Chocolate City Music has publicly accused popular rapper Tochukwu “Odumodublvck” Ojogwu of physically assaulting one of its employees and engaging in a prolonged campaign of harassment and intimidation against its artists and staff. In a detailed statement issued on Tuesday, the label alleged that Odumodublvck assaulted its staff member, Feyi Ajayi,…
The National Agency for Food and Drugs Administration and Control (NAFDAC) has banned the import, sale, and consumption of a specific batch of Indomie brand Noodles Vegetable Flavour, following a recall notice issued by French health authorities. In a public alert released on Friday, NAFDAC stated the product contains undeclared milk and egg allergens, posing…
The Federal Competition and Consumer Protection Commission (FCCPC) has unsealed the corporate headquarters of Ikeja Electric Plc following the power distribution company’s commitment to a binding remedial plan addressing consumer rights violations. In a statement issued on Friday, the Commission confirmed the decision, citing a formal undertaking by the electricity provider to resolve outstanding…
In a bid to make new vehicle ownership easy and accessible, a leading auto company in Nigeria, Kia Nigeria has partnered with Autochek to offer customers an auto finance scheme for intending car buyers. Following the launch of a dedicated brand-new cars section on the Autochek website and mobile app, Kia customers can now have…
Niyya Foods and Drinks Company Limited (NFDCL) is an indigenous agro-processing business established to enhance the quality of life of Nigerians by providing them with top-quality products at affordable prices. The company which came into existence in 2002 has become Nigeria’s largest producer of non-concentrated juice and yoghurt. Niyya Foods and Drinks cover the vast…
The gesture made by popular Portuguese soccer star, Cristiano Ronaldo, during a press conference heralding the match between Portugal and Hungary at the ongoing EURO 2020, has continued to generate debate among brand analysts and stakeholders. At a press conference last Monday, prior to Portugal’s game against Hungary, the superstar removed two bottles of Coca-Cola from…
Competition is not strange in business. The spirit of competition has that unique capacity to engender more efficient production processes or create a pathway for the invention of new or better products. It provides an avenue to help businesses identify consumers’ needs—and then develop new products or services to meet them. In the Nigerian business…
