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Spotify Reaches 777 Million Monthly Active Users

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Streaming giant, Spotify said Tuesday that it had 777 million monthly active users at the end of June, 16 million more than in the previous quarter but a million fewer than forecast. The  Swedish company also warned that it expected its growth to slow in the third quarter, saying it anticipated around 11 million new net subscribers. That cooled investor sentiment, with Spotify shares down 2.6 per cent in opening trading on the New York Stock Exchange. Spotify registered 300 million paying subscribers in the quarter, as opposed to people who listen free but with ads — seven million more than in the previous quarter and one million more than expected. The group’s quarterly operating profit jumped by 61 percent from a year earlier, to 655 million euros ($754 million). Revenue rose by 14 per cent to 4.8 billion euros, in line with the group’s expectations. The earnings reflect “a business that is healthy and compounding, and opportunities only we are positioned to pursue,” Alex No...

Victor Osimhen Now Under Pressure To Depart Galatasaray

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In the final weeks of the transfer window, Victor Osimhen is being pressured to depart due to tensions with Galatasaray. The Super Eagles striker has openly disclosed that the Turkish champions are yet to pay him his salaries for the past three months.  In Sunday night’s friendly against Rennes, which ended in a 3-3 draw, Osimhen refused the captain’s armband when it was given to him. The romance between club and player now appears to have suffered some cracks. This has allowed clubs to again come back for the scoring boots of the 27-year-old striker. Tottenham made an offer of approximately €60 million, but Galatasaray rejected the proposal. Another Premier League club Chelsea, are also reported to have renewed their interest in the proven goal scorer. Latest reports have it that Atletico Madrid have made contact to ask about his huge salary at Galatasaray. The player’s representative was also reported to be in Madrid to hold transfer talks.

[PHOTOS] TikTok User Undergoes Traditional Cleansing After Filming Oloolu Masquerade Procession In Ibadan, Oyo State

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  A female TikTok user, Wasilat Olalere, narrowly escaped death after allegedly recording a procession of the annual Oloolu Masquerade Festival in Ibadan, Oyo State. The incident, which has gone viral on social media, sparked widespread debate after videos showed the woman undergoing traditional cleansing rites at the Oloolu compound. The spokesperson of the Olubadan of Ibadanland, Oba Rashidi Ladoja, Chief Adeola Oloko, who spoke with a national newspaper, said the woman did not record the sacred Oloolu masquerade itself but filmed Alawo Oloolu, a figure associated with the Oloolu tradition. He said the traditional custodians confirmed that the woman captured the procession as it passed through the Ibadan axis. Oloko said, “She did not capture Oloolu; she mistook it for Alawo. We contacted the Mogaji of the Oloolu compound, and he confirmed that a woman who mistook Alawo of Oloolu for the real Oloolu masquerade captured it on the street. The spokesperson added that not long after ...

$1.2 MILLION ROYALTY ALLEGATIONS: Former P-Square’s Manager, Jude Okoye Counters Mr P, Says He’s Avoiding Court

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Former manager of P-Square, Jude “Engees” Okoye has dismissed allegations by his younger brother, Peter Okoye, popularly known as Mr P, that he diverted more than $1.2 million in music royalties, insisting the claims have already been addressed by the Economic and Financial Crimes Commission (EFCC) and are now before the court. In a video posted on Instagram Sunday, Jude accused Mr P of attempting to sway public opinion while legal proceedings remain ongoing. “You are trying to bait me. You know the court is not going to your favour,” Jude said. “Why are you dodging to make appearance in court? For three good sittings now, you dey dodge court.” Responding to Mr P’s allegation that he and Paul Okoye aka Rudeboy diverted a royalty payment of about $25,000, Jude maintained that the payment was made according to Mr P’s instructions in 2016. According to him, records from digital distributor, IROKO show that Mr P requested his own share of the royalties to be paid directly into his...

“Hoodlums Stole Some Guests’ Phones During My Wedding” – Peller

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  Nigerian TikToker and streamer, Habeeb Hamzat, popularly known as Peller, has alleged that suspected hoodlums stole mobile phones belonging to some guests during his traditional wedding in Lagos. Peller made the claim during a TikTok livestream on Monday, saying the incidents happened outside the wedding venue while the ceremony was taking place. According to him, several guests later reached out to complain that their phones were snatched by suspected agberos gathered around the area. The streamer said he had already spent a considerable amount compensating some of the affected guests by replacing the stolen devices. He blamed the thefts on the large number of hoodlums who allegedly crowded the surroundings of the venue. “Agbero don occupy Lagos. No be small. Agbero plenty pass guests wey come to my wedding. Agbero plenty outside. People wey come say dem dey snatch their phones. Una know how many phone I don pay for?” he said. Peller also recounted that a female guest reportedly...

Grammys Removes BTS' Videos Following Boycott

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Recording Academy, the host of the Grammy Awards, has sparked backlash after removing historic performance videos of BTS from its official website, shortly after the superstar K-pop band announced it would not submit its music to the music awards for next year. On  the official Grammys website, live recordings of the group’s hit songs “Dynamite” from 2021 and “Butter” from 2022 were no longer accessible. While these videos can still be viewed on the group's official channels, their absence from the Grammys site has raised questions among fans. The Recording Academy has not commented on the change. The quiet video removals came immediately after all seven members of BTS issued a joint statement on July 29 confirming they will not submit any music for the 69th Grammy Awards, set for February 7, 2027. “We decided not to submit our work for the upcoming Grammy Awards,” the group said. “We hope that music can be appreciated and loved for what it is, without being divided by region or la...

Galatasaray Reject Arsenal’s Bid To Sign Victor Osimhen

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Galatasaray have reportedly turned down an approach from Arsenal for Nigerian striker, Victor Osimhen after senior officials from the Premier League club travelled to Istanbul in an attempt to negotiate a deal. According to Turkish journalist, Ömer Faruk Özcan, via Nexus Sports, Arsenal officials met with Galatasaray representatives to discuss the possibility of signing the Super Eagles forward. Rather than submitting a straight cash offer, Arsenal are said to have proposed a swap deal that included Swedish striker Viktor Gyökeres plus an additional €30 million. However, the Turkish champions reportedly rejected the proposal, opting against parting ways with their star forward. Osimhen has been heavily linked with several top European clubs following his impressive performances, but Galatasaray appear determined to keep hold of the Nigerian international despite growing interest.