Music Business

M.I Abaga Rings NSE Closing “Bell,” Optimistic Chocolate City will be Listed on the Nigerian Stock Exchange

Share

MI Abaga Nigerian Stock Exchange
Who says “short black boys” cannot become successful artists and music executives? Recording artist & Vice President of Chocolate City Music, M.I Abaga, two days ago, led a team of fellow Chocolate City artists to the Nigerian Stock Exchange (NSE). The rapper also hit the closing gong (bell) to officially close the trading at the NSE.

Last month, during the third annual Nigerian Entertainment Conference, current Chocolate City Music CEO & founder Audu Maikori announced he would be stepping down as CEO. I have said the next person to occupy that position is clearly M.I.

Part of the speculation with M.I.’s visit to the Nigerian stock exchange is the hope that a Nigerian record label, preferably, Chocolate City records, will one day trade on the NSE.

Rather interesting. On the U.S. end, we saw Warner Music Group trade n the New York Stock Exchange until May 2011, when it announced its privatization and sale to Access Industries, a deal completed in 2011.

Interesting times ahead. Let’s keep close watch.

To get a feel or idea for the Chocolate City Label, listen to my interview with Audu Maikori below.

~Ms. Uduak


Ringing the Gong/Closing “Bell”

His View on Record Label Being Listed on the NSE
MI Abaga Nigerian Stock Exchange 2

Africa Music Law Interview with current Chocolate City label CEO Audu Maikori

[app_audio src=”http://traffic.libsyn.com/africamusiclaw/AML027AuduMaikoriMusicIndustryIssues.mp3″]

African Business Weekly: Nigerian Stock Exchange Strategy For 2015

Listen to the Latest AML Podcast Episodes

Share

Africa Music Law™

AFRICA MUSIC LAW™ (AML) is a pioneering music business and entertainment law website and podcast show empowering the African artist and Africa's rapidly evolving entertainment industry through brilliant music business and entertainment law commentary and analysis, industry news, and exclusive interviews.

For general inquiries, advertising, licensing, or to appear on the show as a guest, please email (info@africamusiclaw.com). Thank you for visiting.

ABOUT THE FOUNDER

Credited for several firsts in the fashion and entertainment industry, Uduak Oduok (Ms. Uduak) is a fashion and entertainment lawyer, speaker, visionary, gamechanger, trailblazer, and recognized thought leader, for her work on Africa’s emerging global fashion and entertainment markets, and the niche practice of fashion law in the United States. She is also the founder of ‘Africa Music Law,’ an industry go-to music business and law blog and podcast show empowering African artists. Her work in the creative and legal industries has earned her numerous awards and recognitions, including an award from the American University Washington College of Law for her “legal impact in the field of intellectual property in Africa." She has also taught as an Adjunct Professor at several institutions in the United States. For more information, visit her at https://msuduak.com.

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *