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How Nigerian Governors Embezzle Money

I don’t know how many of us have been following Yahaya Bello’s EFFC trial  Please, if you are not following, I beg you to follow the proceedings.  The trial will give you a clue how our 36 states' governors are looting their states dry every month till their tenure is over and why our country is irredeemable as long as these present political elites are in charge.  So this is the looting template.  Receive allocation from Abuja and then generate revenue from helpless poor citizens of their state through IGR, and then the looting starts.  For those who have a conscience, they loot by awarding an overinflated contract, and through that funnel, funds are recycled to them, which are instantly converted to dollars.  Most times, The highly inflated contract are not executed as they awarded as a way of siphoning money.  For those of them that don’t have a conscience like Yahaya Bello, they simply loot with brazenness and without fear of God without recours...

Abdulsamad Rabiu Is Now Africa's Second Richest Man

The top 2 richest people in Africa are Nigerians. Abdulsamad Rabiu is now Africa's second richest man, nearing the $20 billion mark. Abdulsamad Rabiu has become Africa's second-richest man in Africa after an impressive year-to-date increase of $8.88 billion. Rabiu now trails only Aliko Dangote, surpassing South Africa's Johann Rupert, whose net worth dropped to $17.7 billion.

Akon's Recent Interview With Shade Room About How He Helped Nigerian Musicians

After Akon's recent The Shade Room interview, the part people ran with was his views on polygamy. Instablog clipped up that part and posted for debates.  I thought that was the least significant part of the interview. The guy spoke about how much he poured into Nigerian artistes. Then he was a global phenomenon. He'd signed successful artistes like Lady Gaga and T-Pain. So his eyes were on Nigeria. He'd noticed that Wizkid was super talented but Banky W didn't have the resources to position him internationally. So he signed Wizkid to his label, Konvict Muzik. Their partnership helped put Afrobeats on the global map before others took things to the next level. Collaborations like "Escape" and "Don't Dull (Remix)" dropped, and Wizkid's international career took off!  His support opened doors for Wizkid's future global hits and collabs. Next, he developed artists like Psquare and D'banj. He said the music made by our artists ...

Michael Jackson's Biopic Was Released Over The Weekend To Eager Fans

Michael Jackson's biopic was released over the weekend.  The Michael Jackson biopic has opened to $217.4M worldwide, the biggest debut ever for a biopic.  Fans showed up in force, showing that his legacy still moves the culture and he is the biggest to ever do this.  But the next of kin that he left are the new enduring and biggest beneficiaries of this biopic.  Before he died, Michael Jackson had three kids and he left debt for them.  After his untimely death, it's believed that 40% of Jackson's estate went to his mother Katherine, while 20% went to charity, and the remaining 40% was split among his three children – Prince, Paris, and Bigi.  Those three kids are swimming in money that kids of their generation can only dream about.  Before he died, the estate was heavily in debt, but not anymore, and this is why:  The Michael Jackson estate, managed by John Branca and John McClain, has generated over $3.5 billion since his 2009 passing.  ...

Lady Claims VDM Is The Father Of Her Child

The Woman Who Claimed VeryDarkMan Fathered Her 9-Year-Old Daughter, The Full Breakdown by Fidelis Ozuawala. For those who couldn't watch the video, i couldn't too as the audio was bad, i used the transcript tool in the Learn with Fidelis platform to fetch out the audio, and i used the Optimize tool to optimize and proofread the texts, that's how i got this plain english. Listen and Enjoy!.. --   A woman walked into VeryDarkMan's office with one of the boldest claims ever.  She said VDM (Martins Vincent Otse) is the father of her 9-year-old daughter. VDM and his lawyer, Barrister Marshal Abubakar, sat her down and patiently dismantled her story piece by piece.  Here is how the whole drama unfolded. "I don't have a life of my own any longer, I am more or less a dead person" That was how the woman opened. Very heavy. Very dramatic.  She said the problem started 9 years ago in 2017, then corrected herself to 9 and 8 years ago.  The timeline was alr...

Wrong Bank Transfers Seems Only To Be Rampant With Fintechs

The speed I use when sending money on my Union Bank app is very different from how I operate OPAY app. With Union Bank, or any other traditional bank, it’s quite rare to send money to the wrong recipient. Even if an account number is similar (which is unlikely), the bank name won’t match, and the transaction usually won’t go through. That’s often when you catch the mistake. No matter how much we criticize traditional banks, cases of people sending money to the wrong account weren’t this common until banks like OPAY became widespread. It’s when you’re unlucky enough to send money to the wrong person on OPAY or Moniepoint that you realize how many dishonest people are out there, people who simply haven’t had the opportunity to take what isn’t theirs until now. Some of the reasons these onyeoshi people refuse to return mistakenly-sent-money:  1. OPAY doesn’t have physical branches like traditional banks. So you cannot really report them.  2. They believe you can’t tra...

Why Are New Nollywood Producers Going For Younger Talent?

New Nollywood producers tend to go for younger talents.  The likes of Timini, Stan Nze, Tobi Bakre, Sharon Ooja, others.  They're hot and it's their time. I gerrit.  But you have some old Nollywood actors who aren't as young as the aforementioned actors, at the same time they can't be considered old.  They're in that mid-age range.  For example: Nonso Diobi, Oge Okoye, Maureen Solomon, Chiege Alisigwe.  These ones are usually not featured in cinema projects despite their talents.  It's almost like top producers don't want to work with them.  Could it be a case of resentment on the part of the new generation of filmmakers? I mean, the old Nollywood actors had their days.  Could it be a thing where they're like, 'they thought they were the main attraction back then'. Or 'dem been think say na dem get Nollywood'? I might be reaching, but I feel they're deliberately being overlooked by the current guys at the top.  I feel low-...