Friday, 04 September 2026
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Nigeria News from Nigeria · WORLD EUROS
Nº 55 Friday, 04 September 2026
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UMG Acquires Majority Stake in Mavin Global

UMG Acquires Majority Stake in Mavin Global
Sources: Cool 95.9FM Port Harcourt

Universal Music Group has acquired a majority stake in Mavin Global, the renowned Nigerian record company founded by Don Jazzy, home to artists like Rema, Ayra Starr, Crayon, and Ladipoe. The deal, subject to regulatory approval, is slated for completion by the third quarter, as per the joint announcement by the companies.

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