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Nigerian Music Industry Gets Major Boost With New 12,000 Capacity Arena

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Nigerian Entertainment Industry Gets Major Boost | Fab.ng

For years, the Nigerian music industry has called for a world-class venue capable of hosting major concerts and festivals. This dream is finally coming true, as Lagos State, known as the “African entertainment capital” and the birthplace of Afrobeats, will be getting its first-ever facility of this calibre.

Construction has officially begun on a 12,000-seat arena, backed by industry giants Live Nation and Oak View Group (OVG). This project is a collaborative effort between Live Nation, OVG, the Persianas Group, and the Nigerian Sovereign Investment Authority (NSIA). Lagos State Governor, Mr. Babajide Sanwoolu, attended the groundbreaking ceremony held on February 24, 2024.

The consortium leading the project includes Tayo Amusan, chairman of the Persianas Group, representatives from NSIA, Live Nation, and OVG; Yinka Folawiyo (chairman of the Yinka Folawiyo Group); and Nigerian investment firms Adino Capital and MBO Capital. The total investment for the arena is expected to exceed $100 million, with construction slated for completion in December 2025.

This state-of-the-art venue aims to host a diverse range of events throughout the year, with an estimated capacity of 200 events annually. This includes major sporting events like UFC, WWE, boxing, and basketball, alongside music concerts, festivals, and prestigious award ceremonies.

“Nigerian artists are some of the most influential in the world right now and yet they have nowhere to play in their home market,” said Tim Leiweke, chairman and chief executive of OVG. “We want to change that. This consortium, headed by Tayo Amusan, has shown enormous tenacity and entrepreneurial spirit in getting this project off the ground and we are proud to be their partner,” he added.

Oak View Group, a company that builds big arenas like the ones in Seattle and New York, is helping build a new one in Lagos, Nigeria. This is great news for Afrobeats fans and the music industry there, who have been wanting a world-class venue for a long time. The new arena will be able to hold concerts, festivals, and other events.

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ENTERTAINMENT

Musician Khaid Returns To Social Media After Protracted Illness; Unfollows All But Olamide

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Musician Khaid returns to social media after illness | fab.bg

Khaid, a rising Nigerian music star, has recently returned to social media after a period of absence due to a serious health issue. He had been hospitalized for a month due to internal bleeding, which caused significant concern among his fans and fellow artists.

The young artist, whose real name is Sulaimon Shekoni Abiola, had been away from the public eye for several months. His health condition was initially revealed by his manager and record label boss, Sydney Talker. Videos showing Khaid in distress circulated online.

Upon his return to social media, Khaid made some dramatic changes to his online presence.

Most notably, he has unfollowed everyone on his Instagram account except for one person: the well-known musician Olamide. This unexpected action has sparked curiosity and speculation among his followers and industry insiders about potential changes in Khaid’s professional relationships.

 

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A post shared by Little snow ☃️ 444 (@khaidxr)

The only hints about Khaid’s current state of mind come from a series of cryptic posts he has shared. These posts appear to address his critics and suggest that he may be experiencing both personal and professional conflicts.

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ENTERTAINMENT

BBNaija 9: You Must Know These 4 Things Before The New Season Of Starts On Sunday

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BBNaija 9: things to know before season starts on Sunday | fab.ng

Africa’s most popular reality TV show, Big Brother Naija, is about to launch its ninth season (BBNaija 9) in a few days. This season’s theme focuses on pairing contestants and creating dynamic duos, promising to bring exciting new elements to the show.

The upcoming BBNaija season 9 is designed to offer viewers unexpected twists and turns throughout its run. Contestants, known as housemates, will be entertaining audiences across Africa for a total of 71 days.

As the premiere approaches, viewers can anticipate five specific twists, turns, and prizes that will be part of this season’s BBNaija experience. These elements are expected to add extra excitement and intrigue to the show’s format.

The show’s producers have likely prepared these surprises to keep both the contestants and the audience engaged throughout the season. These new features may involve unique challenges, special rewards, or unexpected changes to the game’s rules.

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ENTERTAINMENT

Davido Partners With GAC Motors In Multi-Million Deal

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Davido Partners With GAC Motors In Multi-Million Deal | fab.ng

David Adeleke, who is famously known as Davido, has entered into a new business agreement with GAC Motors, a well-known car company in Nigeria. Davido will now be one of their important representatives, called ambassadors.

This partnership was made official on Monday, July 22. The signing ceremony took place at the main office of GAC Motors in Lagos, Nigeria. This event marks the beginning of a significant relationship between Davido and the car manufacturer.

GAC Motors shared the news of this partnership on their social media accounts. They posted videos showing Davido visiting their office. The company mentioned that working with Davido will help them build a future that uses new, environmentally friendly technology. They specifically mentioned E-mobility, which likely refers to electric vehicles.

 

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A post shared by GAC MOTOR NIGERIA (@gacmotorngr)

Davido also shared his thoughts about the partnership on his own social media pages. He expressed his happiness about working with GAC Motors. The singer said he is looking forward to moving into the future together with the company. This suggests that Davido is excited about the innovative aspects of the partnership.

This agreement is beneficial for both Davido and GAC Motors.

For Davido, it’s an opportunity to work with a respected car brand. For GAC Motors, having a popular musician like Davido as their ambassador could help them reach more customers.

He wrote, “Happy to partner with @gacmotorngr and drive into the future together. Innovation and luxury at its finest.”

 

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A post shared by Davido (@davido)

This new partnership between Davido and GAC Motors has a background. Earlier, GAC Motors had given Davido and his wife Chioma a special gift. On their wedding day in Lagos, Nigeria, the company presented them with a GAC M8 2024 Multi-Purpose Vehicle (MPV).

Now, with this official partnership, Davido has a new role. He will work with GAC Motors to help promote their brand. He might appear in advertisements or at events for the company. His job will be to make more people aware of GAC Motors and their products.

Get more updates here.

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