LAGOS BILLIONAIRE, WALE BABALAKIN ARRESTED,DETAINED BY EFCC

  The Economic and Financial Crimes Commission (EFCC) last week arrested and briefly detained Wale Babalakin, a Lagos-based businessman, on charges of facilitating money laundering by former Governor James Ibori of Delta State.

The EFCC detained Mr. Babalakin overnight last Saturday and subsequently granted him administrative bail.

A source close to suspect, a lawyer whose company owns the new wing of the Ikeja domestic airport, told SaharaReporters that Mr. Babalakin was “shaken when the EFCC came for him,” adding that the businessman quickly contacted his political sponsors to arrange his “administrative” release.

When SaharaReporters called EFCC spokesperson, Wilson Uwujaren, he confirmed that the anti-corruption agency arrested Mr. Babalakin and detained him

NEW YORK TIMES:THE FULL REPORT ON DBANJ AND MOHITS PERFORMANCE AT IRVING PLAZA

 By JON CARAMANICA

 There was talk of kokolets all Sunday night at Irving Plaza. D'Banj, the Nigerian pop star who was headlining the show, boasted, "I have too many kokolets around the world." Later on he wondered, "Can I get two kokolets that can dance better than my dancers?"

If it seemed like D'Banj, one of the quickest-rising stars in Africa, has a one-track mind - kokolets, in his lingo, are beautiful women - that wasn't far from the truth. As a style, his was as monomaniacal in focus as Miami bass, one lusty come-on after the next.

He is at the forefront of an emergent style loosely called Afrobeats by some, a mélange of hip-hop, R&B and other traditionally urban sounds with elements that hark back to older African styles.

In practice on Sunday all that meant was that D'Banj, backed by

GM CONSUMER MARKETING MTN NIGERIA, KOLA OYEYEMI MARKS 45TH BIRTHDAY IN LAGOS

Kolawole Oyeyemi-GM consumer services MTN

Lynda Saint Nwafor-Chief Technical officer

TV Presenter, Aisha Falode

Tony Udenze

It was to a cheering crowd that Kolawole Oyeyemi, GM Consumer Marketing; MTN Nigeria launched his new book, “Wealth without Theft” at the Grand Ballroom, Eko Hotel and Suites in Victoria Island, Lagos.
Guests included top bosses from the telecommunications, advertising, marketing and PR industries.
Starting out with a lush cocktail session, guests were treated to an impressive recitation by the poet, Sage and a performance by popular saxophonist; Sax Dude. There was also a surprise documentary on the celebrant made by friends and family.
After the book was launched, it was reviewed by Mr. Lolu Akinwunmi (Chairman, APCON and Prima Garnet) and later, different guests said a few words about the author and made private donations to the book.
Notable faces at the Saturday, February 18 event include, Mr. Felix Omoikhoje Ohiwerei (Chairman, ARM Funds) who was also the chairman of the event, Mr. Udeme Ufot (Group chairman, SO&U Saatchi), Mrs Lynda Saint Nwafor (Chief Technical officer), Jimmy Awosika (CEO, Insight Communication), Saint Obi, ID Ogungbe, Fela Durotoye, Ayo Animashaun, Jedi, Rotimi Pedro, Kelvin Orifa, among other guests.

Also present

NIGERIAN BILLIONAIRE BATTLES BRITISH WIFE OVER $21 MILLION DIVORCE PAYOUT

A wealthy Nigerian-born, British-based oil baron has been granted permission to use Nigerian tribal law to appeal a $21 million divorce payout to his former British wife, the Telegraph has reported.

Michael Prest, the 50 year-old founder of Nigerian energy trading firm Petrodel Resources, split from his wife in an acrimonious divorce in 2008. During a British High Court hearing on the divorce in October last year, the presiding judge ordered the tycoon to pay his former wife cash and assets worth over $20 million.

  

 However, Prest has applied to appeal the court’s decision on the grounds that his Petrodel’s assets do not belong to him, but are held in trust for his children,

WHY MY ROMANCE WITH ACTRESS TOYIN AIMAKHU CRASHED -BOYFRIEND

  Kunle Soyombo, a socialite and boyfriend of actress Toyin Aimakhu has confirmed that they are no longer dating. 
  In an interview he granted recently, the Ogun State born Kunle disclosed that they parted ways because Toyin was cheating on him. He alleged that the escapades of the actress was glaring to close friends and he had to call it off because she was not ready to make amends with her wayward lifestyle.
When asked if he would go back to the relationship he disclosed that he would rather become a reverend father than be in a romance with Toyin again

LATEST NEWS:BOBBY BROWN CONFIRMS HE WILL PERFORM THIS MARCH IN NIGERIA

New Edition to perform in Lagos and Port Harcourt, as Bobby dedicates gig to Whitney

Lagos| Nigeria It’s official! - Grammy award winning American musician Robert Barisford Brown (Bobby Brown) is coming to Nigeria for the first time ever. And he’s making the trip with his pop group New Edition!

The R&B Singer, Song writer and dancer confirmed his appearance for the high budget concert organized by R28 events in an audio statement released on Monday from his base in America. The concert is scheduled for Friday March 9 in Lagos and Sunday March 11, in Port Harcourt.

In the audio message, Bobby Brown confirms he’d be in Nigeria in March “We’ll be rocking the stage live in Nigeria live on March 9 and 11. Don’t you dare miss it.”

This is the first time New Edition will be performing in Nigeria, a city where they have millions of fans and followers.

According to their management, the former group members will travel to Nigeria with a

FASHION PROMOTER LEXY MOJO EYES TO ADDRESS UNITED NATIONS SEMINAR

Following his continuous contribution to the development and growth of

global fashion, Lexy Mojo Eyes, President/CEO of Legendary Gold Limited

has been invited as a VIP Guest Speaker at the United Nations – Commission

session on the 2nd of March in New York. He will be addressing a seminar

on ‘Empowering Creative Rural Women through Enterprise Development and

Global Fashion Opportunities’

This is coming after the very successful hosting of the Nigeria Fashion

Week November 16th – 19th, 2011. The event organized in collaboration with

the Federal Ministry of Culture and Tourism and the World Fashion

Organization hosted 42 designers and 39 Exhibitors from 22 countries.

The United Nations seminar is being co-ordinated by TCF Global, Belmont

BEC and BPW International and is an accredited event being ran during CSW

NGO Sessions. TCF Global and Belmont BEC are non-profit community