Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

Thursday, 15 January 2015

3 million copies of Charlie Hebdo magazine sold out within an hour of release (PHOTOS)

Charlie Hebdo resurrected its irreverent and often provocative newspaper today, Wednesday, January 14.
The publication featured a caricature of the Prophet Mohammed on the cover.
The magazine, which normally sells around 30,000 copies a week, had an initial unprecedented print run of three million. This has been increased to five million after all the copies were snapped up.
Issues of the magazine had sold out across Paris newsstands and kiosks within minutes of release.
The latest cover shows a weeping Mohammed, holding a sign reading ‘I am Charlie’ with the words ‘All is forgiven’ above him.
See pictures below-
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[Photo Credit H/T- Daily Mail]

Wednesday, 14 January 2015

Aliko Dangote interested in buying a stake in Brooklyn Nets?

That's the rumour..but likely untrue. They say Africa's richest man Aliko Dangote might be a buyer for the Brooklyn Nets Basketball team which current owner, Russian billionaire Mikhail Prokhorov, is planning to sell.
"Sources on Tuesday confirmed a Bloomberg News report stating that Prokhorov has retained Evercore Partners to sell the franchise he acquired majority ownership of in May 2010 for $223 million. A league source said Evercore will gather bids potentially as soon as the end of the month. Sources likewise confirmed a report from Bleacher Report that the struggling Russian economy is a factor." Bloomberg reports
There are now reports from people with 'knowledge' that Dangote may be interested in buying, either as a fractional owner, or main owner. Time will tell. It'll definitely boost his international recognition

Monday, 1 December 2014

Court orders sale of Erastus Akingbola's Cayman Island properties to recover N164n debt

Ex- Group Managing Director of the defunct Intercontinental Bank Plc, Erastus Akingbola’s properties in Cayman Islands have been frozen by the Grand Court of Cayman Islands in a bid to recover a debt of N164 billion from him. The property is known as 2 Cambridge Court.

This comes after his properties, some flats at 17, 18, 19&20, Embassy Court London, NW 8, London, were sold.

Must Read: How i Bought a Brand New Galaxy Tablet @N10,600 and HP Laptop @30k [Brand New]

Access Bank, which acquired Intercontinental Bank in 2012, had filed a debt recovery action in a London High Court, in respect of the sum said to have been converted and allegedly misappropriated by Erastus Akingbola who was also saddled with the responsibility of paying for the cost incurred by Access Bank while processing the case.

The court in a ruling by Mr Justice Andrew Jones QC, also granted a default judgment in the sum of N238,471,484, 162 and 1.8 million pounds in favour of Access Bank with interest from April 2014 until payment is made.

Thursday, 27 November 2014

Billionaire Business Woman Bola Shagaya buys N36 m Rolls Royce for son (See)


Her son Sheriff Shagaya recently got married, and his Mother the oil merchant and top business woman, gifted them with a Rolls Royce Phantom worth Over 36 million Naira!

   According to Encomuim Magazine, that couple are enjoying their honey moon in Los Angeles California. The trip to God’s own country would have been made earlier than now but because the couple were sorting out their travelling documents and to take a little rest after close to two weeks of activities for their wedding ceremony. 

       Embarking on another long hour flight would not be advisable. We gathered that Sheriff and his delectable wife, the daughter of Alhaji Bamanga Tukur flew out in the early hours of Wednesday, November 17, 2010, with Hajia Bola Shagaya and few of their relations to the Abuja airport. This the billionaire businesswoman confirmed to ENCOMIUM Weekly on Friday, November 19, 2010, “Yes, they are spending their honeymoon in Los Angeles.”

While there, sources revealed that they will hibernate in one of the choicest hotels in ‘the city of angels’ with everything at their beck and call.

Though still fresh in matrimony, Sheriff and Maryam Shagaya have already started counting their blessings with the expensive presents showered on them as wedding gifts. Informed sources disclosed that many expensive gifts have been delivered to them. They were later pampered with a new Rolls Royce Phantom.

     The wonderful ride, we gathered was given to them by the groom’s mother, Hajia Bola Shagaya and it cost $380,000 to bring in the exotic ride made for the rich and powerful. It was in that Rolls Royce that they cruised to the wedding luncheon on Saturday, November 13, 2010.

      Hajia Shagaya also dazzled in her own Phantom with registration number FQ 440 ABJ that day. Said to be the latest in the Phantom family, the ride is more than 19-feet long, it commands attention anywhere it’s found. The Phantom is powered by a 6.7 litre V12 with 453 horse power and 531 pound feet of tongue, weight about three tons, riding on a 60 mph takes just 5.7 seconds and behind the 20-inch wheels are superbly powered brakes and an air suspension. The inside boast of sophisticated leather sofar. The rear seat provides lots of room for stretching one’s leg. And once in motion, the steering feels light in one’s hand yet offers good feedback and can change direction with ease so long as you are travelling at a relaxed pace.

The Sheriff and Maryam Shagaya wedding ceremony will go down as one of the most expensive in recent times, gulping close to N1 billion, the couple’s parents did not spare any cost to pamper their children for that special occasion.

The nuptial kicked off with the wedding Fatiha on Friday, November 5, 2010, in Yola, Adamawa State. The next day, Saturday, November 6, 2010, it was ‘The Mother’s Night’ in Kaduna and the mother-of-all luncheon which was the climax came up on Saturday, November 13, 2010, at the Grand Ballroom, New Expo Hall, Eko Hotel and Suites, Victoria Island, Lagos. The city of Lagos was painted gold as crème de la crème, politicians, businessmen, billionaires and others stormed the venue. Wife of the President, Dame Patience Jonathan was also in attendance as the Mother of the Day. The most interesting part of the day was the performance of American R & B singer, Donell Jones for the couple. He was flown in from the US for the nuptial and it costs a fortune to have that done.
Source: Encomuim Magazine