LAGOS CELEBRATES SOPHIA EKERUCHE: WORLD’S BEST YOUTH FEMALE SCRABBLE PLAYER. (PHOTOS). #PRESS RELEASE.

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 LAGOS CELEBRATES SOPHIA EKERUCHE: WORLD’S BEST YOUTH FEMALE SCRABBLE PLAYER The Lagos State Sports Commission (LSSC) hosted Wizkid Scrabble player Sophia Ekeruche of Team Lagos, the 15-year-old crowned the world's best female Scrabble player at the just-concluded World Youth Scrabble Championship held in Kenya this past August. Hon. Lekan Fatodu, Director General of the Lagos State Sports Commission, received the young champion in his office at Teslim Balogun Stadium. Expressing immense pride in her accomplishment, noting that she inspires not only her peers but also the Lagos State government, which continually emphasises youth education and sports development. “The Governor of Lagos State, Mr. Babajide Sanwo-Olu, through the Lagos State Sports Commission, is thrilled with your sterling performance,” Fatodu stated. “The government will continue to support outstanding athletes like you, especially in their education. Your success is a testament to the state government's invest...
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MULTICHOICE'S SHOWMAX IS SHUTTING DOWN AFTER 11 YEARS, WITH THE COMPANY CITING HUGE LOSSES AND FAILURE TO MEET SUBSCRIBER GROWTH TARGETS. (PHOTO).

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MultiChoice's Showmax is shutting down after 11 years, with the company citing huge losses and failure to meet subscriber growth targets. 

The decision comes after a strategic review aimed at strengthening its overall digital offerings and ensuring long-term sustainability in a competitive streaming environment 1 2 The platform, launched in 2015, was conceived as MultiChoice's answer to global streaming services such as Netflix and Amazon Prime Video. 

Despite investing $309 million in equity funding in 2024, Showmax struggled to gain traction, accumulating losses of about €370 million (S$428.9 million) in the three years leading up to the Canal+ takeover  MultiChoice has assured subscribers that their service will continue uninterrupted for now, and no immeiate action is required. The company is working on a subscriber and content migration plan, which will be communicated in the next few weeks. The shutdown is part of Canal+'s cost-cutting measures, aimed at saving about €400m by 2030 . 

Key points:

 • Showmax will be wound down in the coming months, with no job losses due to a three-year retrenchment ban in the takeover agreement. 

• MultiChoice will focus on its television channels, including Africa Magic, M-Net, and Mzansi Magic.

 • The decision reflects the challenges of building a profitable streaming business in price-sensitive African markets. 

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