Champion Breweries Plc has received shareholder approval to raise ₦20 billion to expand its operations and boost growth. The decision was made at an extraordinary general meeting, the company announced on Thursday. The funding plan includes issuing up to 1.58 billion ordinary shares to meet the Nigerian Exchange Limited’s (NGX) free float requirement. This move … Read more
Global streaming giant Netflix has debunked rumors of leaving Nigeria, emphasizing its commitment to investing in Nigerian stories. A spokesperson told Ekohotblog, “We are not exiting Nigeria.” Editors Pick: Taaooma, Abula Welcome Their First Child Funke Akindele Drops Christmas Anthem ‘Everybody Loves Christmas’ with All-Star Cast The rumors, which caused a stir online, had fans … Read more
In a tragic and shocking event early Wednesday morning, Brian Thompson, the 50-year-old CEO of UnitedHealthcare, was fatally shot in a deliberate attack near the Hilton Hotel in Midtown Manhattan. The incident occurred just hours before UnitedHealthcare’s planned investor conference. Details of the Incident At approximately 6:45 a.m., Thompson was walking toward the Hilton Hotel … Read more
Kunle Afolayan popular Nollywood filmmaker has asked the government to provide grants to help the Nigerian movie industry grow. He said this during the 2024 Zuma Film Festival, organized by the Nigerian Film Corporation and the Federal Capital Territory Administration. Need for Grants Kunle Afolayan explained that grants would allow filmmakers to focus on creating … Read more
It’s that magical time of the year, and Funke Akindele has unwrapped a sparkling holiday gift for us all—a festive banger titled Everybody Loves Christmas! Featuring a lineup that reads like the who’s-who of Nigerian entertainment, the song and its dazzling video are here to bring joy, laughter, and a lot of groove to your … Read more
Australian lawmakers have approved a landmark bill banning under-16s from accessing social media platforms, including Facebook, Instagram, and X. Social media companies will be required to take “reasonable steps” to prevent young teens from creating accounts. Non-compliance could result in fines of up to AU$50 million (US$32.5 million). Tech companies have criticized the legislation, describing … Read more