business
CAC aims to register new company within three hours
The Corporate Affairs Commission (CAC) says it will be possible for companies in Nigeria to be registered within three hours, before the end of 2021. The commission tweeted this on Sunday via its verified Twitter handle. It said, Garba Abubakar, the commission’s registrar-general, gave this indication at a recent dinner in honour of the chairman, governing board, CAC and Nigeria’s Ambassador-designate to Spain, Ademola Seriki. The commission announced last December the upgrade of its online registration portal for business. It said the upgrade would include features that allow the automation of key services and processes in line with the federal government’s effort to Nigeria’s ease of doing business. Newsmen had reported how the new regulation protocol has left businesses in the country s...
Demi Lovato’s ‘Dancing With the Devil…’ Debuts at No. 1 on Billboard’s Top Album Sales Chart
Of Dancing’s debut sales of 38,000, physical album sales comprise 25,000 of that figure (all in CD sales) while digital album sales comprise 13,000. Sales of Dancing got help from the availability of a Target-exclusive CD edition of the set with two bonus tracks, a signed CD sold via Lovato’s official website, multiple CD cover variants and a deluxe edition with bonus tracks available through digital retailers. Carrie Underwood’s My Savior falls 1-2 in its second week on Top Album Sales, selling 31,000 copies (down 55%). After two weeks on sale, My Savior is the fifth-biggest selling album of 2021, with 99,000 copies sold through April 8. The year’s top-seller is Morgan Wallen’s Dangerous: The Double Album, with 215,000 copies sold. Sturgill Simpson’s Cuttin’ Grass, Vol. 2: The Cowboy Arms...
Televisa, Univision to Merge, Forming Spanish-Language Media Powerhouse
The merger will be partly financed by $1 billion of new Series C preferred equity investment led by SoftBank’s Latin American Fund, along with current Univision investor ForgeLight LLC, Google and The Raine Group; and $2.1 billion of debt commitments arranged by J.P. Morgan. The merger would create the largest Spanish-language media company in the world with bases in the two biggest Spanish-speaking markets: Mexico and the United States. Televisa is a production powerhouse, producing some 86,000 hours of content in 2020, and both companies hold big sports rights packages. “This strategic combination generates significant value for shareholders of both companies and will allow us to more efficiently reach all Spanish-language audiences with more of our programming,” said E...
Minister: Rail transportation awakening giant to help run government
Nairaland Mr Rotimi Amaechi, Minister of Transportation, on Tuesday described the rail mode of transportation as the awakening giant that would run government. He made the disclosure at the virtual National African Continental Free Trade Agreement (AfCFTA) Implementation Engagement Series for the Rail sub-sector of Transportation. Amaechi, who was represented by Mr Ibrahim Mohammed, a Deputy Director at the Federal Ministry of Transportation (FMOT), noted that the Federal Government had invested heavily on the rail sub-sector of transportation to help facilitate trade. “The rail sub-sector needs consistent opening for the country to further tap into the agreement that AfCFTA creates. “This is why government has embarked on many projects, developing the narrow gauges and establishing standa...
Taylor Swift Racing to U.K. Chart Title With ‘Fearless (Taylor’s Version)’
Fearless (Taylor’s Version) has banked the most sales and album streams so far, to lead the Official Chart Update. Should it hold its ground when the weekly chart is published this Friday (April 16), Swift will have a seventh U.K. No. 1, slotting her into third place among female artists with the most U.K. chart-topping titles behind only Madonna (with 12) and Kylie Minogue (8). It’s highly unlikely that Taylor will be denied. The original version of Fearless was Swift’s breakthrough in the U.K., peaking at No. 5 on the national chart in 2008. Her 2012 album Red was her first leader, and every subsequent album release hit No. 1, including last year’s lockdown LPs Folklore and Evermore. In a distant second place on the chart blast is Ariana Grande’s former leader Positions (Repub...
Harvey Weinstein Moves Closer to Extradition to Los Angeles
Judge Case set an April 30 court hearing ahead of likely setting a date for Weinstein to be extradited to California. During Monday’s hearing, the court heard from Norman Effman, an attorney for Weinstein, who asked for a delay on a likely extradition to allow his client to undergo key medical procedures now scheduled by the New York prisons system. He also requested that Weinstein be virtually arraigned on the California indictment from New York to give more time for his medical treatments. “It seems disruptive to undo what New York State has done to care for a person in their custody, and to ensure that he is receiving appropriate medical care,” Effman told Judge Case. At the same time, Weinstein’s legal team — which included Mark Werksman, a California atto...
DMX’s Family Denies Rumor That Jay-Z & Beyoncé Bought His Master Recordings
The family of DMX (real name Earl Simmons) set the record straight about the alleged sale of the late rapper’s master recordings and his upcoming funeral in a new statement. “There have been a few rumors following our loved one, Earl Simmons’, passing that we’d like to clear up,” his family said in a statement provided to Billboard. “No one has bought Earl’s masters. Additionally, we are not selling any merch or raising money for Earl’s funeral. If anyone is requesting for money for his funeral please be aware the person is a scammer. We will keep the public posted on funeral/memorial service arrangements.” The most popular rumor around DMX’s catalog alleged that Beyoncé and Jay-Z had purchased X’s master recordings fo...
Ogun governor: Our council chairmen will be elected, not selected
Ogun State Governor, Prince Dapo Abiodun, has assured the people of the state that the forthcoming local government election will be free and fair. He added that the next council chairmen would not be appointed, but elected by the people. Prince Abiodun who made this known in Abeokuta, the Ogun State capital while welcoming new members into the ruling All Progressives Congress (APC), urged the new members to continue to work hard towards the continued development of the party and the state. “Very soon, the time table for the election will be released, we will not appoint chairmen for you at all, the Chairmanship will not be by appointment, it will be by election, everyone should continue to work hard,” he said. Abiodun while noting that his administration would continue to adopt the bottom...
Senate summons insurance firms over failure to remit N17.4 billion pension fund
The Senate Public Accounts Committee, on Monday, summoned NICON Insurance Plc, AIICO Insurance and other insurance companies over alleged failure to remit N17.4 billion fund to Pension Transitional Arrangement Directorate (PTAD). The Executive Secretary of PTAD, Dr Chioma Ejikeme, had told the panel that PTAD took over the assets and liabilities of defunct pension offices without a formal handing over. She said, “On taking over, the Directorate wrote all underwriters to make returns and remit whatever amount is in their custody into a CBN dedicated account. Some of the underwriters responded to the request while some did not. “The bank certificate of balances, accounting statements, 3 years financial statements and policy files requested by the Federal Auditor were not handed over to PTAD ...
Lil Nas X Keeps U.K. Chart Crown With ‘Montero’
Lil Nas X enters a second week at No. 1 on the U.K. singles chart with “Montero (Call Me By Your Name)” (Lil Nas X) while Demi Lovato misses out on the albums crown in an agonizingly close race. “Montero” collects another 62,000 chart sales in the past cycle, including 8.6 million streams, the OCC reports. The U.S. rapper’s controversial song finishes comfortably ahead of the second-placed single, Justin Bieber’s “Peaches” (Def Jam) featuring Daniel Caesar & Giveon, up 3-2 to a new peak. Also hitting new highs this week is Russ Millions & Tion Wayne’s “Body” (Atlantic), up 21-12; Australian rapper Masked Wolf’s “Astronaut In The Ocean” (Elektra) up 20-18; Bruno Mars and Anderson .Paak’s Silk Sonic’s “Leave The Door Open” (Atlantic), up 23-20; and D-Block Europe & Raye’s “Ferrar...
2021 Guild Of Music Supervisors Awards: Full List of Winners
Celeste also performed “If I Ever Lose This Heaven,” a song that first gained notice on Quincy Jones‘ 1974 album Body Heat. Andra Day, an Oscar nominee for her performance in The United States vs. Billie Holiday, performed a song to open the show. The show also included performances by Darius de Haas (the zesty “One Less Angel” from The Marvelous Mrs. Maisel) and Angelica Garcia. Soul won the award for best music supervision for film budgeted over $25 million. The award went to Tom MacDougall, the film’s music supervisor. Trent Reznor, Atticus Ross and Jon Batiste are Oscar-nominated for composing the film’s score. Reznor and Ross won here for best song written and/or recorded for television for “The Way It Used to Be,” which they wrote and recorded for an epi...
Polo G’s ‘Rapstar’ Takes on Lil Nas X’s ‘Montero’ For U.K. Chart Crown
Produced by Synco and featuring social media star Einer Bankz on ukulele, “Rapstar” is on pace to be the Chicago rap artist’s highest charting headline single. His best is a No. 3 peak for KSI’s “Patience,” on which he guests with Yungblood, and his other appearance in the Top 40 was thanks to an assist on Lil Tjay’s “Headshot,” with a peak of No. 40. Elsewhere, Rag’n’Bone Man’s collaboration with Pink, “Anywhere Away From Here,” is on track for a Top 10 bow. It’s at No. 10 on the chart blast and could give the British singer and songwriter his third Top 10 and Pink her 21st. Sydney newcomer Masked Wolf continues to climb the chart with his viral track “Astronaut In The Ocean,” up 18-13 for a new high, while Ava Max’s “My Head & My Heart” lifts 19-14, also a new peak. Doja Cat could ba...
