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Femi Otedola smiles to the bank with $200million after selling Forte Oil shares to Mercuria

Leke Adeosun After coming from the brink of bankruptcy when he restructured his business, lifestyle and finances, billionaire businessman Femi Otedola is smiling again. In the last few years, Forte oil has become the beautiful bride of Nigerian stock market, it has grown steadily, launching new products and building a solid capital base. As testament to its great leap, www.proshareng.com ... Read More »

Igbinedion presents Nmulti-million palatial mansion to wife, Lady Cherry in South Africa

The norm is that when you are having a birthday, you are presented with all manner of gifts, but the colourful Esama of Benin Kingdom, Chief Gabriel Igbinedion has a penchant for doing extraordinary things-and he did it again in faraway South Africa.   The billionaire businessman who flew hundreds to Johannesburg, South Africa for the second leg of his 81st ... Read More »

Bash Ali Bashed, Shot in Street Fight

Famous Nigerian and former Cruiserweight Champion, Bash Ali escaped death by the whiskers two days ago when he was bruised and shot during a street fight. According to reports by Raypower News, the controversial boxer was spotted having in a heated argument with some young men and before bystanders knew what was happening the whole atmosphere had degenerated into fisticuffs. ... Read More »

SUBOMI BALOGUN TURNS FORMER HOME INTO SERVICE APARTMENTS

First City Monument Bank Chairman, Otunba Michael Subomi Balogun is at it again! Yes, the man who has some prime personal and commercial properties in the upscale areas of town has decided to turn his former home on Sanusi Fafunwa Street, Victoria Island into some service apartments. All through the week, some artisans were seen breaking portions of the work ... Read More »

Ita-Giwa’s Daughter, Koko, Heads to The Fattening Room

Kokoeca, the second daughter of elegant  politician, Mma Bakassi, Princess Florence Ita-Giwa is set to head to the fattening room in Calabar in preparation for her wedding to handsome Chimaobi Moore Obiohoset to kick off on  September 13, 2014. We gathered that Koko who studied in the United Kingdom will be going through the ancient Efik maiden rites that will ... Read More »

FAMILY QUARREL OVER BURIAL PLANS FOR STELLA OBASANJO BROTHER, HENRY ABEBE -HOW HE REALLY DIED

Following the shocking death of Henry Abebe, Popular Socialite and brother of late former First Lady, Stella Obasanjo, his immediate family are at war over the nature and venue of the burial. An insider revealed that in the past few weeks there have been serious quarrel in-house. While his only surviving brother, Dr. John Abebe and their dad wants him ... Read More »

FEMI OTEDOLA’S DAUGHTER, CUPPY CELEBRATES GRADUATION AT 5-STAR MANDARIN ORIENTAL HOTEL, LONDON

Ifeoluwa Florence Otedola aka DJ Cuppy, the beautiful DJ daughter of billionaire businessman, Femi Otedola painted London red yesterday when she hosted close friends and family to a classy party inside the 5-star Mandarin Oriental Hotel in highbrow Knightsbridge, London. The 21 year-old beauty with a lot of brains was all smiles as her father and his friends including Ovation ... Read More »

Liberian With Ebola in Lagos Dies

A Liberian national, Mr. Patrick Sawyer, assumed to have imported the highly contagious Ebola Virus Disease (EVD) to Nigeria finally died on Thursday night in a Lagos private hospital. The state’s Commissioner for Health, Dr. Jide Idris announced his passage at a press conference he addressed with the governor’s Special Adviser on Public Health, Dr. Yewande Adeshina. The death of ... Read More »

KWAM 1’S WIFE TITI MASHA PREGNANT AGAIN …HEADS TO AMERICA

Barely two years after she was delivered of a baby, Titi Masha, the newest wife of Fuji King, Wasiu Ayinde Marshall is pregnant again! The lightnews.com has gathered that the lady who is a businesswoman has reportedly jetted out of the country because this pregnancy has been a hush hush affair. Sources revealed that she will be living in Chicago, ... Read More »

UBA STAFF GETS LIFE SENTENCE

Jude Onwuzulike staff of a staff of United Bank for Africa, UBA Plc has bagged a life jail sentence over the sudden disappearance of his business partner, Chinwuba Ekwenze. Onwuzuluike, UBA, Ogboefere, Bridge-head, Onitsha, Anambra State had been arraigned by an Otuocha High Court in Anambra State on a one-count charge of kidnapping Ekwenze since January 14, 2013. In her ... Read More »