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Showing posts with the label Femi Otedola

Femi Otedola's Daughter, DJ Cuppy talks about her Entertainment Business Empire-See Photos

By Niyi Tabiti I had a great time taking photos of Ifeoluwa Otedola a.k.a DJ Cuppy, the stylish and talented   daughter of Lagos born billionaire, Femi Otedola. She had a press conference at Protea  Hotel,GRA,Ikeja Lagos on Wednesday 6 August, 2o14 where she talked about her music business and what she hope to achieve in the nearest future. www.niyitabiti.blogspot.com promise to give you details of the meeting with the press soonest. Here are the photos!

WIZKID, 9ICE TO PERFORM AT SUNNY ADE AND OBEY'S CONCERT IN LAGOS

Like you all already know, Sunday, May 27, 2012 is the D-day all roads would be leading to the Harbour Point Event Centre, Wilmot Road, Victoria Island. On that day by 2P.M, what has taken all of 35 years to plan and to make happen would finally be seen by 800 guests only. Those lucky enough to gather to watch 2 of the biggest musical legends of our time play in the persons of Chief Commander Ebenezer Obey and King Sunny Ade, would be

FEMI OTEDOLA BATTLE 5 BANKS OVER 168 BILLION NAIRA DEBT

By Gistmaster.com Femi Otedola, a 43 years old Nigerian businessman once listed as one of the richest billionaires in the world (2009) by Forbes is in the eye of financial storm over the  monumental debt he owes five banks in Nigeria. The total debt of Mr. Otedola, the chairman of Zenon Oil is about 168 Billion Naira (Over 1 billion US dollars) as at December 2010. A quick break down of the debt portfolio shows that Otedola and his companies are owing with Zenith Bank N68 Billion, while the one of GTBank is  stood at almost 31 Billion Naira, FCMB says Otedola is owing close to 19 Billion Naira while that of Access Bank Stood at N15.526 Billion Naira. The one of UBA reads N36.862 Billion. gistmaster.com learn that some of the banks are always making moves to take over his property in highbrow Victoria Island, Ikoyi,Abuja, Port Harcourt and other places. The shares also use as collateral for the loan will also go into it. At the moment, the total asset used as security for the debt is sa