馃嚦馃嚞NigeriaWest Africa
Spotify reports increased revenue and user growth in first quarter
via Punch Nigeria1 min read
Spotify announced its first-quarter results, revealing a rise in revenue and an increase in its user base. The music streaming giant reported that its monthly active users reached 761 million by the end of the quarter, slightly exceeding the company's guidance of 759 million. The number of paying subscribers also grew, reaching 293 million, which was in line with expectations. Co-chief executive Alex Norstrom stated that the company surpassed 760 million monthly active users and achieved its subscriber growth targets, observing healthy engagement from both existing and new users. Revenue for the first quarter totaled 4.5 billion euros, an eight percent increase from the previous year, while operating income saw a 40 percent rise to 715 million euros. Looking ahead, Spotify anticipates reaching 778 million monthly active users and 299 million paying subscribers by the end of April. Daniel Ek, Spotify's founder, transitioned from CEO at the beginning of 2026, handing over leadership to co-CEOs Norstrom and Gustav Soderstrom, but he continues to serve as executive chairman.
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Dennis Otuaro, Administrator of the Presidential Amnesty Programme, stated that Democracy Day marks a significant milestone in Nigeria's democratic evolution, serving as a unifying reference for the country's political development. He noted that June 12 symbolizes electoral freedom and the pursuit of credible democratic governance, reflecting Nigeria's aspiration for fair elections and accountable leadership. Otuaro paid tribute to Moshood Kashimawo Olawale Abiola and others involved in the June 12 struggle, acknowledging their role in the return to democratic rule in 1999. He commended President Bola Tinubu for efforts to strengthen democratic institutions and expand civic participation, citing development outcomes in the Niger Delta as evidence of democracy's benefits under the current administration. Otuaro linked improvements in the PAP to increased government backing, which has strengthened scholarships, skills acquisition, and empowerment initiatives, with over 8,235 students currently benefiting from scholarship schemes. He also referenced federal projects and institutions like the Lagos-Calabar Coastal Highway, the South-South Development Commission, the Federal University of Environment and Technology in Ogoniland, and the Nigeria Maritime University, Okerenkoko, as indicators of government attention to the region's development needs. Otuaro urged citizens to support security agencies in addressing insecurity and called on youths and former agitators in the Niger Del
Must ReadA US deportation flight carrying nationals from Iran, Afghanistan, Turkey, and Georgia was en route to the Central African Republic CAR on Friday, according to lawyers. This practice of "third-country" deportations, including individuals with legal protections, has become a feature of US President Donald Trump's immigration policies. The US State Department advises against travel to the CAR due to violence. Lawyers expressed concern that deportees, including Iranian women with "withholding of removal" status, might ultimately be forced to return to the countries they fled. The flight departed from Alexandria, Louisiana, and made a scheduled stopover in Ghana, a known hub for such deportations. It was unclear if all passengers would continue to the CAR. The Trump administration argues it is only barred from sending individuals with "withholding of removal" to their country of origin, allowing them to be sent elsewhere. Critics state these individuals are abandoned in a country where they lack status, connections, and support. While the CAR's security has improved with UN, Rwandan, and Russian support, anti-government fighters and armed groups remain active. A lawsuit was recently filed with the African Commission on Human and Peoples' Rights to halt US deportations to Equatorial Guinea, another African hub, and prevent onward expulsion to home countries.
Must ReadThe Borno State Government has reintegrated 720 repentant insurgents into society after they completed a deradicalisation, rehabilitation, and reintegration program. This group, described as low-risk and minor clients, is part of Batch 9 of the state's initiative. The Special Adviser on Security to Governor Babagana Zulum, Brigadier General Ishaq Abdullahi retd., announced this on Friday at an event in Maiduguri. He stated that the exercise is a milestone in the state's non-kinetic approach to counter-insurgency in the North-East, which began on July 5, 2021. The program has seen large-scale participation from former fighters who voluntarily surrendered. With this latest batch, the total number of reintegrated individuals under the program has reached 9,680, including 992 spouses and over 2,000 other individuals. The reintegration process involves initial profiling and disarmament, followed by structured rehabilitation programs such as Islamic teachings, counselling, hygiene education, drug abuse awareness, and vocational training in skills like metalwork, carpentry, tailoring, and solar installation. The state government also provides starter packs to support their transition into civilian life. Community leaders, the Civilian Joint Task Force, and hunters screened the individuals before recommending them for reintegration. The beneficiaries are from various local government areas including Bama, Konduga, Maiduguri Metropolitan Council, Jere, Mafa, Dikwa, Gwoza, Damboa, Mart