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Rave News Digest: LVMH Buys 50% Of Jay-Z’s Champagne Brand, Spotify To Launch In Nigeria, Ronaldo + More

Rave News Digest: LVMH Buys 50% Of Jay-Z’s Champagne Brand, Spotify To Launch In Nigeria, Ronaldo + More

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LVMH buys 50% of Jay-Z’s champagne brand, Spotify to lunch in Nigeria, Ronaldo makes new mark. Stay in the know with our Rave News Digest which summarizes five of the hottest global news you need to catch up on, saving you time and energy. Consider it your daily news fix.

Here is a rundown of five of the hottest news topics…

1. LVMH buys 50% of rapper Jay-Z’s champagne brand Armand de Brignac

LVMH’s Moet Hennessy has bought a 50% stake in Armand de Brignac, a Champagne brand owned by rapper Jay-Z, another sign of a close relationship between the luxury industry and hip-hop culture. No financial terms were disclosed for Monday’s transaction.

Jay-Z has been an investor in the champagne brand since 2006, when he touted the brand, known for its Ace of Spades logo on a metallic silver bottle, in a video for “Show Me What You Got.” Jay-Z bought out Sovereign Brand’s stake in the company in 2014. The deal is the fruit of connections between Jay-Z and Alexandre Arnault, the 28-year old son of LVMH’s billionaire founder, Bernard Arnault.

2. Spotify to launch in Nigeria

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On February 22, 2021, Spotify finally announced that it is set to launch in Nigeria soon. Official announcements and details are expected soon. This comes after months of speculation and recruitment in the Nigerian music industry. The announcement came via two tweets on Spotify’s official Twitter handles.

The company is also set to launch in 80 other markets including Bangladesh and Pakistan, places with high population and a large Gen Z demographic. Other countries include Ghana, Angola, St. Lucia, and many more.

3. South Africa: AKA and Nellie Tembe are engaged

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AKA and Nelli Tembe

Congratulations are in order as AKA, real name Kiernan Forbes, confirmed his engagement to Nelli Tembe. The “All Eyes On Me” hitmaker hinted at the proposal on Monday, with a cute snap of a diamond band on Tembe’s ring finger. Although his initial Twitter post didn’t confirm if he popped the question, he later took to Instagram to confirm he was officially off the market.

The artiste reposted the image with the ring, revealing the engagement date as Sunday, February 21, and the sweet caption read: “21/02/21 – love of my life said Yesssss. 💍” The love birds have been dating for over a year and it seems they are well on their way to the altar.

A hearty congratulations to the couple!

4. Ugandan opposition leader Bobi Wine announces withdrawal of election challenge

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Bobi Wine

Ugandan opposition leader Bobi Wine said on Monday he was withdrawing a court case challenging the presidential election results that handed victory to incumbent Yoweri Museveni, alleging bias by Supreme Court justices hearing the case. “We have decided to withdraw from their court,” Bobi Wine told a news conference in the capital Kampala.

Wine, 39, was asking the court to overturn the results on several grounds including the widespread use of violence. Museveni, a former guerrilla leader who has led the East African country since 1986, was declared the winner of the Jan. 14 election with 59% of the vote, while Wine was given 35%.

5. Ronaldo has now scored for Juventus against every Serie A club

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Cristiano Ronaldo | Photo: Instagram – cristiano

 

Cristiano Ronaldo continued his march through Serie A opposition as he scored in Juventus’ clash with Crotone. Ronaldo fired two first-half goals for Juventus as the Portuguese star netted his 17th and 18th goals of the Serie A season. In doing so, he moved closer to a mark currently held by Zlatan Ibrahimovic while making his mark on Serie A history.

With his finishes against Crotone, Ronaldo has now scored against every team currently in Italy’s top flight. Crotone was the last team that Ronaldo had failed to score against, having now fired 70 goals since making the move to Juventus.

Cover photo credit: Instagram – rocnation


Our Week Day News Digest brings you a summary of five of the hottest news topics across the world––including celebrity news from Hollywood to Nollywood, the latest trending global headlines from American news today, to top African news and sports stories in 2021. 


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