Tag: otedola

  • How I bought two mansions for my daughter’s wedding – Otedola

    How I bought two mansions for my daughter’s wedding – Otedola

    Nigerian Billionaire, Femi Otedola, has revealed that he bought two mansions on the same street in Dubai for his daughter’s wedding.

    Otedola during his speech at the reception in Iceland on August 8 celebrating Temi, and Tosin Ajibade (Mr Eazi) said he acquired the properties just to make his daugter happy.

    The wedding has been the talk of town since some pictures were released.

    He said: “There is this guy that has been showing me properties in Dubai for the last 15 years, I never bought. I am not exaggerating at least 70 properties and I never bought. So I now called up the guy because we were in Dubai for sightseeing, let us see what is in the market.”

    “We saw this beautiful house where we had the engagement and Temi said to me ‘Papa, you know I can have my engagement ceremony in this house, why don’t you buy it?’. She does not talk much but when she does, it is deep. So I got home and slept over it, I was saying so I am going to spend all this money on this house?

    “Something now struck me that common Femi, money you spend is not yours. Life is for the living. I called up the agent and was like I will buy the house, so I bought it.

    “Eight months ago, on the same street the agent called me that there was another house they just completed and asked if I wanted to look at it, I said why not?” he said.

    “So I went there, I looked at it, it was a beautiful house but I have a house of course. Temi then came to visit me and I was like Temi there is this house let us go and look at it together. Temi then said ‘Papa you know, this house would be nice for our after party?’. I was like you are very unserious. Anyways to make her happy, I bought it on the same street. So we had the after party there.”

  • DJ Cuppy celebrates as she officially graduates from Oxford University

    DJ Cuppy celebrates as she officially graduates from Oxford University

    Famous disc jockey and singer, Florence Otedola, popularly known as DJ Cuppy, has celebrated her official graduation from Oxford University.

    The socialite began her MSc journey at the ivy league school in 2021, rounding up her thesis last year after much struggle.

    Cuppy took to her Instagram page to share stunning photos of her in her graduation gown while holding her certificate.

    Her dad and mum, Mr and Mrs Otedola; her fiancé, Ryan Taylor also showed up on her graduation day as they all took adorable family photographs.

    Sharing the photos, Cuppy wrote: “I’m a Third Degree HOTTER! Oxford University MSc done!!!”

    TheNewsGuru.com (TNG) reports that sometime September 2022, the London-based Nigerian Disk Jockey announced that she has officially graduated from the University of Oxford.

    DJ Cuppy, who underwent a Master’s programme in African Studies at the prestigious university, made the announcement on her Twitter page.

    She stated that though she did not get merit or distinction in her thesis, she was excited that she passed.

    DJ Cuppy noted that she faced a tough year at Oxford and was proud of herself that she had finally graduated. She also appreciated God in her tweet.

    The tweet read, “I got my THESIS result, which classifies my MSc degree. I didn’t get a Merit or a Distinction, but I PASSED!

    “After a tough year, I can officially say I am now a GRADUATE from @UniofOxford, and I am bloody PROUD of myself. To GOD be the GLORY!”

    DJ Cuppy celebrates as she officially graduates from Oxford University

    TheNewsGuru.com (TNG) reports that when Cuppy submitted her thesis in July, the DJ recounted how she almost dropped out of Oxford twice.

    She wrote, “Tears of joy, the wait is finally over!!! My thesis is finally 100% done!!! Not sure why weeping is my reaction right now.

    “I’m so drained that it actually feels so difficult to celebrate. Over the last few weeks, I’ve pushed myself SO much, both mentally and physically to actually finish this degree. Truthfully, this has been one of the most challenging experiences of my life. This paper alone has made me want to drop out of Oxford University. Twice.”

    In March 2021, the artiste revealed that she had been accepted into Oxford for a master’s degree in African Studies.

    This would be her second master’s degree as she bagged one in Music Business from New York University in 2015.

  • Mr Eazi clears air on alleged breakup with Temi Otedola

    Mr Eazi clears air on alleged breakup with Temi Otedola

    Popular Afrobeat singer, Mr Eazi, has cleared the doubt of naysayers who rumoured breakup with his fiancee, Temi Otedola.

    It would be recalled that some days ago, Temi Otedola penned a cryptic note while sharing a teary face that stirred rumours of the relationship breakup.

    Neither Mr Eazi nor the billionaire’s daughter responded to the mixed reactions on social media on the alleged breakup- until now.

    In a post via Twitter, Temi announced her ambassadorial deal with a fintech industry while sharing photos of herself.

    “You’re looking at @investbamboo NEWEST AMBASSADOR ??? It’s time to Dream, Invest & Live,” she wrote.

    Her fiance, however, acknowledged the new deal with praising-hands emojis.

    Mr Eazi clears air on alleged breakup with Temi Otedola

    TheNewsGuru.com (TNG) reports that Mr Eazi engaged Temi in April and reports of their engagement turned heads on various social media platforms.

    Temi made the announcement on her Twitter and Instagram page on Sunday, April 10 alongside a video of the proposal in London.

    Recall that the couple’s engagement introduction was easily the most traditional part of their relationship.

    TheNewsGuru.com (TNG) reports that five years ago, they met in person through a family connection. At the time, Mr Eazi was working on the sound for his third mixtape, Lagos to London, a follow-up to his genre-breaking sophomore mixtape Accra to Lagos.

    He had begun splitting his time between Lagos, a city where he would spend formative years, and London, the latest city he had set his sights on conquering musically.

    Mr Eazi clears air on alleged breakup with Temi Otedola

    “Temi was there as well and was being nice to me. By the end of the night, I took her number,” he said.

    After a streak of unresponsive texting on her part, the already famous “Skintight” singer grew frustrated.

    “What is she doing that she cannot respond to my message?” he remembers asking.

    “A lot!” she replies. Eventually, she decided to go out on a date with her new friend. “It was a crazy night. It was like a 12-hour date!” she shares.

    The twosome went from seeing a Fela show at The Jazz Cafe in Camden to Temi reluctantly tagging along as Eazi was summoned for a radio interview.

    Following dinner and drinks, they bumped into friends and finished off the night at the club. “I ended up having to drop him home because he got a little too lit,” she giggles. “I felt like I had known him all my life after that night. That should’ve been a sign.”

    Somewhere between transatlantic flights and conversations that spilled over from night into day, Eazi and Temi slowly began to accept that they were more than just friends.

  • Intimate video of UK influencer and DJ Cuppy’s fiance, Ryan Taylor surfaces

    Intimate video of UK influencer and DJ Cuppy’s fiance, Ryan Taylor surfaces

    Another video of DJ Cuppy’s fiance, Ryan Taylor, and UK influencer, Fiona Michelle, has surfaced amid a report of them being in a romantic relationship shortly before he proposed to the Nigerian billionaire’s daughter, Florence Ifeoluwa Otedola, professionally known as DJ Cuppy.

    TheNewsGuru.com (TNG) recalls that Cuppy said yes to Ryan who is a British YouTuber/boxer, after he got down on one knee and asked her to marry him at the Gumball award held in Abu Dhabi on November 19.

    The proposal took place after Fiona took to TikTok on November 10, to share a video that captured her intimate moment with a “mysterious man”.

    A quick check revealed that all the tattoos of the “mysterious man” in the video, matched that of Ryan.

    Before the video which captured her intimate moment with Ryan was posted on the social media platform, Fiona had also on November 4, shared a video which came with the caption “when you thought dating a yt guy would be stress-free”.

    Ryan’s hand tattoo was spotted in the video and he placed it on Fiona’s boobs.

    TheNewsguru.com (TNG) reports that  Cuppy is the daughter of Nigerian businessman Femi Otedola. She grew up in Lagos and moved to London at the age of 13.

    In 2014, Cuppy was the resident DJ at the MTV Africa Music Awards in Durban. She then played at the Tatler and Christie’s Art Ball in London,[9] and at the Financial Times Business of Luxury Summit in Mexico City.

    In July 2014, she released House of Cuppy as her first compilation mix in London and Lagos,[11] before launching it in New York on 2 September 2014. With House of Cuppy, she produced EDM-esque remixes of songs by leading afropop artists.

    That same year, Cuppy also launched the London-based music management and content production business, Red Velvet Music Group.

    In January 2015, Cuppy was featured on the cover of the Guardian Life magazine. The cover celebrated a new generation of African women. In March 2015, Cuppy was named the official DJ for the 2015 Oil Barons Charity in Dubai, and became the first African act to perform at the event. She was featured in the 2015 April/May issue of Forbes Woman Africa.

    In June 2015, Cuppy released House of Cuppy II. In August 2015, Cuppy set off on her first DJ tour to 8 countries in Africa, titled “Cuppy Takes Africa”.

    She visited NigeriaSenegalGhanaKenyaTanzaniaRwandaUganda and South Africa. The “Cuppy Takes Africa” tour included performances, major artist collaborations, and charitable engagements supported by GTB Bank and the Dangote Foundation. Later that year, she interned at Jay-Z‘s Roc Nation.

    In October 2016, the “Cuppy Takes Africa” tour aired on Fox Life Africa as an 8-episode documentary series. In 2016, Cuppy was the resident DJ for MTV2’s Uncommon Sense with Charlamagne Tha God.

    She produced two songs, “Vibe” and “The way I am”, which appeared on the “Afrobeats” EP by Young Paris which as released on 24 March 2017.

    On 13 October 2017, she released “Green Light”, her first official single. The song features guest vocals from Nigerian singer and producer Tekno.

    On 30 March 2018, she released “Vybe”, her second official single. The song features guest vocals from Ghanaian rapper Sarkodie.

    On 24 August 2018, she released Currency, her third official single featuring L.A.X.

    On 5 October 2018, she released Werk,[26] her fourth single featuring Skuki.

    On 19 April 2019, she collaborated with Kwesi Arthur for her fifth single Abena.

    On 16 August 2019, she released Gelato,[28] here sixth single featuring Zlatan.

    In 2020, Cuppy was inducted into the Forbes Magazine’s 30 under 30 class.

    On 28 May 2020, she became the host of ‘Africa Now Radio’ on Apple Music Beats 1.

    On 16 July 2020, she released Jollof On The Jet, her seventh single featuring Rema & Rayvanny.

    On 24 August 2020, she unveiled her debut album Original Copy.

    In February 2021, she partnered with Apple Music to launch their first radio show in Africa.

    In September 2021, Cuppy was announced as one of the cast members for the Channel 4 reality TV show High Life, a show focussing on the careers of British West Africans.

    From January until August 2022, Cuppy hosted the Sunday version of BBC Radio 1Xtra‘s breakfast show with the Saturday one hosted by Swarzy formerly of Kiss Radio. They both replaced Remi Burgz, who went on to replace Yasmin Evans on 1Xtra’s weekday lunchtime show.

  • What you need to know about DJ Cuppy’s Fiancé, Ryan Taylor

    What you need to know about DJ Cuppy’s Fiancé, Ryan Taylor

    As Florence Otedola, aka DJ Cuppy, finally said yes to her British lover, Ryan Taylor, 29, after he popped the question at an award ceremony in Abu Dhabi, 2023 seems to be loaded with wedding proposal for the Otedola family.

    Some videos making the rounds on social media captured the moment the professional boxer went down on his knees and asked Cuppy to be his wife.

    Here are some things to know about Ryan Taylor:

    Ryan is a British Boxer, Youtuber Professional BMX rider and a boxer who features his world travels and BMX career on his Ryan Taylor BMX YouTube where he has amassed more than 2.3 million subscribers and over 262 million views.

    He co-founded the company Industry BMX and created his YouTube channel in November of 2011.

    Ryan was born in March 18, 1993.

    What you need to know about DJ Cuppy’s Fiancé, Ryan Taylor

    Family Life
    His brother, Pat Casey is also a fellow BMX rider. He and Karol Priscilla reportedly had a son named Knoxx Mateo before splitting in late 2018.

    Ryan Taylor Net Worth & Earnings
    Ryan Taylor is a well-known YouTube channel covering Sports and has attracted 2.39 million subscribers on the platform. The channel launched in 2011 and is based in United Kingdom.

    So, you may be asking: What is Ryan Taylor’s net worth? And how much does Ryan Taylor earn? No one beyond Ryan Taylor can say for sure, but let’s go through what we know.

    Ryan Taylor has an estimated net worth of about $2.22 million.

    Ryan Taylor’s exact net worth is unverified, but Net Worth Spot predicts it to be around $2.22 million.

    The $2.22 million forecast is only based on YouTube advertising revenue. Meaning, Ryan Taylor’s net worth could actually be higher. In fact, when including more income sources for a YouTuber, some estimates place Ryan Taylor’s net worth closer to $3.1 million.

    What you need to know about DJ Cuppy’s Fiancé, Ryan Taylor

    How much does Ryan Taylor earn?
    Ryan Taylor earns an estimated $554.09 thousand a year.

    There’s one question that every Ryan Taylor fan out there just can’t seem to get their head around: How much does Ryan Taylor earn?

    On average, Ryan Taylor’s YouTube channel receives 9.23 million views a month, and around 307.83 thousand views a day.

    YouTube channels that are monetized earn revenue by displaying. YouTubers can earn an average of between $3 to $7 per thousand video views. Using these estimates, we can estimate that Ryan Taylor earns $36.94 thousand a month, reaching $554.09 thousand a year.

    $554.09 thousand a year may be a low estimate though. On the higher end, Ryan Taylor may make over $997.36 thousand a year.

    However, it’s rare for channels to rely on a single source of revenue. Influencers could sell their own products, accept sponsorships, or generate revenue through affiliate commissions.

    Boxing career fight in 2022
    In 2022, Ryan Taylor lost to Sulieman Albaher via 4 Round Decision

    Ryan Taylor’s Nigerian celebrity friends
    The British Boxer attended Nigerian Singer Burnaboy’s 02 Arena concert in 2021. Since then, the duo have maintained a close friendship.

    Ryan is also a close ally of Nigerian-born British Heavyweight Boxer, Anthony Joshua.

     

  • Otedola celebrates daughter, Cuppy, shower her with £5m Home On 30th Birthday

    Otedola celebrates daughter, Cuppy, shower her with £5m Home On 30th Birthday

     

    Nigerian businessman and billionaire, Femi Otedola has splashed £5million on a country house, to celebrate his daughter, DJ Cuppy, who marked her birthday on Friday.

    Born Florence Otedola, the disk jockey shared chats between herself and her father via Instagram on Friday.

    In the now-deleted posts, Otedola praised his daughter for continuously making him proud.

    He also promised her a country home worth £5 milion as a birthday gift.

    “Ifemiii of course not! I could never forget #CuppyDay! Happy Birthday to my Angel Ifemi. I’ve instructed Andy at Barclays Bank to buy you a £5,000,000. (Five million pounds) country home as your 30th birthday present.

    “Can’t think of any other befitting present you deserve for this special birthday. You have continuously made Papa proud year by year and have been a blessing in my life,” he wrote in the text.

    Captioning the post with several emoji’s to express her surprise, Cuppy wrote, “speechless, @femiotedola.”

    The billionaire had marked his 60th birthday earlier in the month. For the celebration, Otedola rented a luxury yacht, the Christina O, for three weeks with family members.

  • Instagram: Davido unfollows late Ifeanyi IG account, DJ Cuppy and Femi Otedola

    Instagram: Davido unfollows late Ifeanyi IG account, DJ Cuppy and Femi Otedola

    Following the death of Ifeanyi Adeleke, the son of Superstar Afrobeats singer, David Adeleke, professionally known as Davido, the singer has made some changes to his son’s Instagram page, unfollowed late Ifeanyi IG account, DJ Cuppy and Femi Otedola

    Recall on October 31st, Ifeanyi drowned at his dad’s home in Banana Island while his parents were on a trip to Ibadan and was left with the domestic staff.

    Ifeanyi was rushed to the Evercare Hospital in Lekki where he was pronounced dead on arrival. The tragic death sparked a lot of reactions as many netizens as well as celebrities, politicians, socialites, public figures trooped to express their heartfelt condolences.

    However, following the death of his son, Davido makes some changes to his verified Instagram page.

    Davido unfollows late Ifeanyi IG account, DJ Cuppy and Femi Otedola on Instagram

    Davido deletes all his pinned posts; he also deleted his anticipating post, A.W.A.Y, which is slated to take place at the State Farm Arena in Atlanta, Georgia on November 18, 2022. He had already invited artists that include, Kizz Daniel, Wande Coal, Lojay, Pheelz, Oxlade, BNXN (fka Buju), Focalistc and Victony.

    Also, Davido who has 25.8M followers on his verified Instagram page and 1,6777 followers before the death of his son made changes as he unfollowed three (3) accounts from his followers.

    Further reports claimed Davido allegedly unfollows Late Ifeanyi IG account, DJ Cuppy and Femi Otedola.

    TheNewsGuru.com (TNG)reports that Ifeanyi, who Davido had with his babymama Chioma, passed on on November 1, and was a child who brought smiles to many faces.

    There were a number of times Ifeanyi made headlines, and one of them included a special moment Davido revealed his son’s face in a diamond necklace

    Recall that the DMW label boss (Davido) splashed the sum of N150 million on a diamond necklace with Ifeanyi’s face on it.

    The news of Ifeanyi’s death was shocking as the young lad had only celebrated his third birthday in October.

  • New twists in struggle for control of First Bank: Hassan-Odukale ‘surpasses’ Otedola’s single-largest shareholder claim

    New twists in struggle for control of First Bank: Hassan-Odukale ‘surpasses’ Otedola’s single-largest shareholder claim

    The struggle to control Nigeria’s oldest tier one bank, First Bank as taken a new twist as FBN Holdings Plc, confirms Mr. Tunde Hassan-Odukale as the single-largest shareholder.

    The bank said with 5.36 percent equity holding, Hassan-Odukale is its largest single-holder followed by Femi Otedola with a 5.07 percent stake in the Group.

    Recall Tha TheNewsGuru (TNG) had earlier reported how the bank, through its Company Secretary, Seye Kosoko, made a U-turn after disproving reports of Otedola’s emergence as its major shareholder to affirm that he (Otedola) and his nominee owns 5.07 percent equity stake in the bank.

    With the development, Otedola has been assumed to have become the single largest shareholder of FBN Holding Plc.

    The statement: “We refer to our communication to the market dated October 22, 2021 on the above subject wherein we stated that we would inform the public of any substantial acquisition, upon receipt of notification from the Shareholder.

    “This morning, October 23, 2021, FBN Holdings Plc received a notification from APT Securities and Funds Limited, that their Client, Mr. Otedola Olufemi Peter and his nominee, Calvados Global Services Limited have acquired a total of 1,818,551,625 units of shares from the Company’s issued share capital of 35,895,292,791.

    “Based on the foregoing, the equity stake of Mr. Otedola Olufemi Peter and his nominee in the Company is now 5.07%.”

    However, a new statement from Kosoko indicates that Odukale and Otedola are the only two substantial shareholders, who have more than 5% equity interest in FirstBank Holdings Plc, according to a filing made available to The Nigerian Exchange (NGX).

    In a fresh letter addressed to the Director-General of the Nigerian Exchange Limited, FBN Holdings notified the Bourse that Hassan-Odukale holds a cumulative of 5.36 percent of the Group, while Otedola holds a total of 5.07 percent, of the Group’s issued share capital.

    This is higher than Otedola’s 5.07 percent stake which he holds through his direct 0.03 stake and 5.04 percent through his indirect stake at Calvados Global Services Limited.

    There is no clarity as to the timing of the acquisition of the shares by Odukale and his related entities, especially as the disclosure of FBN Holdings in its financial statements for the period ending June 30, 2021, does not enlist Odukale as a substantial shareholder.

    There may have been undue delay in the disclosure, which run ultra vires to relevant statutory and regulatory requirements of disclosing substantial shareholding in a public entity within seven days and 10 days of acquiring such equity interest, according to Sections 119 and 120 of CAMA (2020) and Rule 17.13 of the NGX Rulebook, respectively.

    The letter was written by Seye Kosoko, the Company Secretary, was a response to the NGX’s request for clarification on the rationale for arriving at Odukale’s ownership, especially as holdings by entities like Leadway Pensure were added to its “cumulative stake” in the Group, even as Leadway Pensure is a pension fund administrator holding assets, including shares in companies, on behalf of the pension contributors, who are the ultimate beneficial owners of the assets.

    In the letter, Kosoko, FBN Holdings defined “substantial shareholders” to mean “shareholders with 5% and above shareholdings”.

    Odukale and Otedola may have acquired substantial interests in FBN Holdings, neither of them has controlling interest yet, either from an accounting or statutory perspective.

    The struggle may have just started and perhaps an indication of an eventful Annual General Meeting ahead for FBN Holdings.

  • First Bank makes U-turn, acknowledges Otedola as its major shareholder

    First Bank makes U-turn, acknowledges Otedola as its major shareholder

    First Bank Holdings, owners of First Bank Nigeria, has officially acknowledged billionaire, Femi Otedola as its’ major shareholder after he acquired 5.07 percent of the company’s equity stake.

    Recall TheNewsGuru had earlier published a report detailing how Otedola emerged a major shareholder in FBN Holdings, however, the holding firm denied knowledge of the takeover saying it had not received a notification of a significant holding by Mr Otedola.

    In a follow-up communication to the Nigerian Exchange Limited Saturday, the firm said it received notification from APT Securities and Funds Limited that its client, “that Mr Otedola Olufemi Peter and his nominee, Calvados Global Services Limited have acquired a total of 1,818, 551,625 units of shares from the Company’s issued share capital of 35,895,292791.”

    “Based on the foregoing, the equity stake of Mr Otedola Olufemi Peter and his nominee in the company is now 5.07%,” the notice signed by Seye Kosoko, company secretary, said.

    In the 10 days to Friday, FBN Holdings witnessed unusually massive trading in its shares and the cumulative number of units traded within the period surpassed 2.1 billion. The uptick in trading catapulted its share value by 62.3 per cent from the level it was three weeks ago.

    Otedola’s acquisition, estimated to have taken its stake in FBN Holdings beyond five per cent, will lift Mr Otedola’s shareholding above that of Oba Otudeko and Oye Hassan Odukale, two of the firm’s biggest owners with 1.5 per cent and 1.03 per cent holdings respectively.

    Until now, Nigeria’s second richest man, Mike Adenuga, had been making vigorous plans to wrest control of the prime spot in FBN Holdings ownership before now.

    Mr Otudeko, the immediate past chairman of FBN Holdings board, was ousted from the organisation’s top hierarchy this May after a conflict of interest and violation of procedure in appointing the chief executive of the group’s commercial banking, First Bank, irked the regulator, the Central Bank of Nigeria.

    “There is a requirement that he has to sell off his shares because he is no longer chairman. Of course, someone has to take those shares. So I suspect that that’s what resulted in Otedola becoming the new biggest shareholder,” the source said.

  • We’re unaware of Otedola’s share acquisitions – FBN Holdings

    We’re unaware of Otedola’s share acquisitions – FBN Holdings

    FBN Holdings Plc has reacted to media reports that billionaire businessman, Mr Femi Otedola, has acquired a significant shareholding in the company.

    The holding company for First Bank of Nigeria Limited, in a statement signed by its Company Secretary, Seyi Kosoko, and filed with the Nigerian Exchange Limited on Friday, said it had not received any notification of such acquisitions.

    It said, “The attention of FBN Holdings Plc has been drawn to media reports today (Friday) that a certain individual has acquired significant shareholding interest in FBN Holdings Plc.

    “As a listed company, the shares of FBN Holdings are publicly traded, and sale and acquisition of shares is expected in the normal course of business. We operate in a regulated environment, which requires notification of significant shareholding by shareholders to the company, where shares are held in different vehicles, further to which the company will notify the regulators and the public as appropriate.

    “The company is yet to receive any notification from the individual mentioned in the media report, of such acquisitions.”