Competition Intensifies As Advertising, Distribution Budgets Of NB Plc, IB Plc, Guinness Nigeria Hit N220B In H1 2026

Nigeria's three listed brewing companies have spent more than N220 billion on advertising and distribution in the first half of 2026, as rising competition for shelf space and consumer attention pushed marketing budgets sharply higher. The figure comes from an industry analysis presented on a financial markets podcast by nairametrics. The heavy spending coincided with the three companies posting a combined N1.4 trillion in revenue for the half year, up 7 per cent from N1.3 trillion in the same period of 2025.

Meta Unveils Open-Weight AI Model As Zuckerberg Pushes For Looser Rules

Meta has released a new open-weight artificial intelligence model, with founder and CEO Mark Zuckerberg using the launch to call on US policymakers to ease restrictions on open-source AI so American firms can better compete with Chinese developers. The new model, named Muse Glimmer, was unveiled on Monday, August 10, 2026. Unlike Meta's larger flagship systems, it is deliberately compact, built to handle agentic tasks and capable of running on an ordinary Mac or PC fitted with a single graphics card. The design

Steve Babaeko, Onaivi, Ogunlesi, Others Set To Speak At MIPAN AGM 2026

Steve Babaeko, Chief Executive Officer and Chief Creative Officer of X3M Ideas, will deliver the keynote address at the 2026 Annual General Meeting of the Media Independent Practitioners Association of Nigeria (MIPAN). Joining the conversation as speakers are; Tomi Ogunlesi, Divisional Head, Brand and Communication, Interswitch; Abisoye Oruye, Media Manager, FrieslandCampina Wamco; Chidinma Nwankwo, General Manager, Publicis Nourish; Stephen Onaivi, Managing Director, MediaReach OMD; Emmanuel Ante, Chief

ARCON AIC 4.0: Kwara State University Wins 1m Naira Prize At Student Creative Advertising Pitch Competition

Kwara State University (KWASU) has emerged as the overall winner of the Student Creative Advertising Pitch Competition at the 4th Advertising Regulatory Council of Nigeria (ARCON) Advertising Industry Colloquium (AIC 4.0), held on August 6, 2026. The competition formed one of the highlights of the annual industry gathering, which was held under the theme, "The Future of Advertising: Roles of Platforms, People and Regulations." It featured tertiary institutions from across Nigeria competing with creative

MIPAN AGM Holds August 14th, Participants Set To X-ray Opportunities For Media Growth

The Media Independent Practitioners Association of Nigeria (MIPAN) is set to hold its 2026 Annual General Meeting (AGM) on Friday, August 14, 2026, with industry leaders expected to deliberate on the future of media investment, innovation and sustainable growth. Scheduled to hold at Ogere Resort, along the Lagos-Ibadan Expressway, Ogun State, the meeting will revolve around the theme, "Monetizing Tomorrow: Outpacing Disruption, Capturing Growth in the Next Era of Media." The theme reflects the growing need for

AIC 4.0: Together, We Can Position Nigeria as Africa’s Leading Hub for Responsible Advertising – Minister Of Information

The Minister of Information and National Orientation has said Nigeria has the potential to become Africa’s leading hub for responsible advertising, creative excellence and digital innovation. He urged stakeholders in the advertising ecosystem to embrace ethical practices, responsible regulation and innovation as artificial intelligence continues to reshape the industry. The Minister who was represented by Malam Jibrin Ndace, DG/CEO of Voice of Nigeria stated this in his opening address delivered at the Advertising

Spotify Surpasses 777 Million Global Users, Premium Subscribers Reach 300 Million

Spotify has grown its global audience to 777 million monthly active users, including 300 million Premium subscribers, as the audio streaming giant continued to strengthen its position in the global digital entertainment market. The company announced this milestone while releasing its second-quarter 2026 financial results, highlighting sustained user growth across both its subscription and advertising-supported services. Operating in 184 markets worldwide, Spotify now offers listeners access to more than 100

AIC 4.0: ARCON DG Urges Stakeholders To Embrace Collaboration For A Stronger Advertising Industry

Dr Olalekan Fadolapo, DG, ARCON The Director-General of the Advertising Regulatory Council of Nigeria (ARCON), Dr. Olalekan Fadolapo, has stressed that collaboration among key stakeholders will be critical to shaping the future of Nigeria’s advertising industry amid rapid technological advancements. He said this while giving his welcome address at the Advertising Industry Colloquium 4.0 themed “The Future of Advertising: Role of Platforms, People and Regulation” and held on Thursday, 6th August, 2026 at D’Podium Event

Agency

How Luova Group’s Tosin Obembe Is Building Integrated Marketing Communications & Creative Enterprise For Africa

In an era where Africa’s creative economy is increasingly commanding global attention, a new generation of entrepreneurs is emerging; individuals who understand that creativity is not confined to entertainment or artistic expression alone but has become a powerful economic and business tool. Among these trailblazers is Tosin Obembe, a
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Why Distribution, Not AI, May Decide The Future Of Digital Advertising, Nigeria’s Goodness Chibuike Tells Global Audience

Artificial intelligence has dominated conversations about the future of advertising over the past two years. From campaign automation to creative generation and audience targeting, .AI has become the industry's defining conversation. Yet, beneath this is a question around how brands actually reach consumers in an increasingly fragmented
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How Luova Group’s Tosin Obembe Is Building Integrated Marketing…

In an era where Africa’s creative economy is increasingly commanding global attention, a new generation of
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WPP Media Promotes Arpit Singh To Vice President – Strategy

WPP Media has elevated Arpit Singh to the position of Vice President – Strategy, marking a new step in his
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From Detty December To AFRIMA: How Lagos Is Redefining Destination Branding With…

From Afrobeats to festivals, sports to December revelry, Lagos is showing African cities how to turn
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I Want To Be Remembered As Someone Who Served With Unwavering Dedication -Steve…

If there is anything Steve Babaeko loathes with great passion, it is self-glorification. When he was
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