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Price of Beans in Nigeria Drops to ₦100K-₦120K, Traders Show Excitement

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Price of beans drops and news excites traders and consumers. Residents as well express joy with price drop amid the upcoming Christmas holiday. According to a report, the price of beans has sustained a slight drop as 100kg bag of beans is sold for 150k Naira to 140k.

The price of a bag has now dropped to 100k to 120k, depending on the type of beans. It was reported that the price of beans has been dropping for the past two weeks unlike the past months.


 

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Police Raid YG Entertainment Headquarters Over G-Dragon Copyright Case

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Photo source: Google

South Korean police have carried out a raid on YG Entertainment’s headquarters in Seoul as part of an ongoing investigation into alleged copyright infringement involving K-pop star G-Dragon and the company’s founder, Yang Hyun Suk.

The case traces back to a complaint filed in late 2024 by a composer identified only as “Mr. A,” who claims a song he created was used without his consent more than a decade ago. According to him, the track was reworked into a medley performed during G-Dragon’s 2009 concert and later included on his 2010 live album Shine a Light.

This is the second police raid on YG in connection to the matter, with investigators said to be gathering documents and questioning individuals linked to the song’s production. Authorities have not released further details, but confirmed the investigation is still active.

YG Entertainment has rejected the accusations, insisting the issue stems from a misunderstanding. They explained that during the 2009 concert preparations, there were two completely different songs sharing the same title, which may have caused the confusion.


 

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Femi Otedola’s Shocking Account of How Banks Turned on Him After Business Collapse

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Popular Nigerian Billionaire, Femi Otedola, reveals how some banks treated him once his business failed in 2009.

The businessman revealed in his soon to be released book “Making It Big” and shared details of when he went bankrupt. He shares that it had to do with the sudden increase in dollars and explained how jt affected him greatly.

He then adds concerning banks “One moment, I was the darling of the banks, who did everything in the world to court me, do business with me, give me loans, take deposits from me.”

“They would send bewitching ladies to make their offers more convincing, and now I was waking up to the sight of hefty, barrel-chested men standing menacingly in front of my gate, waiting for the moment I’d step out of my compound.”


 

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UAC of Nigeria Acquires Chivita and Hollandia, Promises to Uphold Chi’s Legacy

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It has been reported that Coca-Cola Company has agreed to sell off Chivita and Hollandia to UAC of Nigeria.

This information was revealed after UAC of Nigeria released a statement regarding their deal with Coca-Cola. The Managing Director stated that they aim to keep Chi’s legacy and described the deal as an ‘acquisition that presents significant potential to build on Chi’s legacy of excellence and innovation.’

“We see a bright future for Chivita and Hollandia. With the strength of our team, coupled with the dedication of UAC, there will be exciting opportunities for further growth.”


 

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