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Once-upon-a-time Forbe listed wealthy individual, Femi Otedola is obviously going through financial difficulty presently. According to information there is possibility of the respected billionaire losing one of his properties as a result of indebtedness to Mr Tayo Aderinokun led Guaranty Trust Bank. Mr Otedola’s debt portfolio with GT Bank stood at $200 million as at time the Central Bank of Nigeria published its list of bank debtors. His Macpherson Road, Ikoyi Lagos sited home is listed as one of the collateral used to secure the loan. All the documents that pertain to the ownership of the edifice Otedola utilises as personal home in Lagos is said to be in possession of the financial institution. Information filtering in revealed that talks of taking possession of the home in lieu of the loan is on between Otedola and the management of the bank. The front person of Zenon oil is said not to be too comfortable with the move- but the bank appears firm in ensuring Otedola reduces his debt portfolio with them one way or the other. Both parties are said to be attempting to settle the matter without the matter blowing into the open. Mr Femi Adeniran of GT Bank Corporate Affairs Department on Sunday, January 9, 2011 declined official comment on the issue. He claimed the bank owed it, to it’s customers to protect details of their transaction- and as such cannot comment on the bank’s relationship with Mr Otedola. |
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$200 (3)
Nigerian musician and actor, Uti Nwachukwu, yesterday won the reality TV senatation, Big Brother Africa - the All stars edition.
Beating his Zimbabwean contemporary, Munya, to win the coveted price, Uti jumped up and danced proudly singing the Nigerian national anthem after he was announced the winner.
It was a tight race as Uti and Munya were the final housemates. According to host IK, this was the closest ever finale with the winner securing the votes from 8 countries and the runner up from 7.
Uti initially participated in the 3rd season of Big Brother Africa and was one of the housemates from previous seasons chosen to enter the Big Brother All Stars house. The final five housemates were
Sheila (Kenyan), Mwisho (Tanzanian), Lerato (South African), Munya (Zimbabwean) and Uti.
It was a sweet victory for Uti, who survived a number of eviction nomination during the 91-day spell in the Big Brother house and was never sent to the barn. Uti lost his father while he was in the house.
The finale featured performances from MI, Jesse Jagz, 2Face, and Kenya’s Wyre.
More:
After a thrilling 91 days in the Brig Brother Africa All Stars house, Nigerian musician/model/actor,Uti Nwachukwu has emerged as the winner of Big Brother Africa 2010 – Big Brother Africa All Stars.
It was a tight race as Uti and Munya were the final two housemates.
According to host IK, this was the closest ever finale with the winner securing the votes from 8 countries and the runner up from 7. Uti originally participated in the 3rd season of Big Brother Africa and was one of the housemates from previous seasons chosen to enter the Big Brother All Stars house. This is the second consecutive Big Brother Africa win for Nigeria as Kevin Chuwang Pam won Big Brother Revolution in 2009.
This season of Big Brother Africa has certainly been thrilling with various twists and turns. From the ‘barn’ to Meryl and Mwisho’s engagement. There was never a dull moment.
The finale was equally exciting. With performances from Nigeria’s MI, Jesse Jagz and 2Face as well as Kenya’s Wyre and Nigerian musician Maye Hunta who performed the Big Brother All Stars theme song “African Star“.
The final five housemates were Sheila, Mwisho, Lerato, Munya and Uti. With Sheila exiting first, followed by Mwisho and then Lerato.
In addition, all the previously evicted and removed housemates were present at the grand finale. Evicted housemates Meryl provided one of the highlights of the night when she was asked by IK what she would choose, her man – Mwisho or the $200,000 prize, she replied “As much as I love paper, I love my man“. Love is beautiful! We wish them all the best.
As for Uti, it is a sweet victory after a tough 91 days. While he was in the house, his father passed away. Now, he can go home and be with his family. In addition, he launched his debut single before he entered the BBA House. We bet the $200,000 prize will help him push his music career a bit further..
We voted on 9jabook
Will Uti Win Big Brother Africa All Stars?
16-Year-Old Justin Bieber Drives Diddy's $200,000 Lamborghini...
Posted Thu Jul 22, 2010 1:46pm PDT by Lindsay Robertson in Stop The Presses!
It seems P. Diddy wasn't kidding when he promised Justin Bieber he'd give him the keys to his Lamborghini when the teen pop star turned 16.On Tuesday, Bieber was spotted driving to get some frozen yogurtwith his friend Sean Kingston in Diddy's white Gallardo Spyder. (It'snot clear if Diddy gave it to Bieber for keeps or just for a spin.)
Bieber, who turned 16 on March 1 and passed the driving test soon after, laughed off Diddy's promise, telling People magazine in March, "[Diddy] said when I turn 16 he willgive me his Lamborghini. But we all know Diddy's not going to give mehis Lamborghini, he's all talk."
[Video: How to get Justin's hair]
The white Lamborghini Gallardo Spyder (henceforth affectionately referred to as a "Bieberghini") retails for upwards of $210,000, according to Yahoo! Autos. Lamborghinis have become a sort of go-toluxury vehicle for famous people. Other celebrities who've been known todrive Lamborghinis include Soulja Boy, Kobe Bryant, Bam Margera, BenjiMadden, David Beckham, and Wilmer Valderrama.
[The world's most beautiful cars]
Bieber's fro-yo cohort, rapper Sean Kingston, has his own Lamborghini. In 2009, Kingston challenged Bow Wow to a race in their respective "Lambos." Bow Wow caused a bit of a stir in January when he tweeted about driving his Gallardo while "tipsy." He later apologized for the tweet, saying it wasn't a great way to kick off 2010.
Diddy's Lamborghini isn't even the first car Bieber has received as a gift: His mentor, Usher, gave him a Range Rover for his 16th birthday. Maybe Diddy is trying to show up the R&B singer with something flashier.
[Photos: See Justin on stage and more]
Their Lambo stroll wasn't the first time Kingston and Bieber have teamed up,of course -- nor the first time they appeared with a fancy car. Checkout the wheels and the Bieber-Kingston duet in the video for "EenieMeenie," a song the two performers co-wrote.
