Entertainment
The Best Financial Decision Of My Life – Bimbo Ademoye
Investing in a successful Nollywood film can be a highly lucrative business opportunity and for Actress Bimbo Ademoye, “Gangs of Lagos” proved to be just that.
Bimbo Ademoye opened up in a recent interview that investing in Jade Osiberu’s film, “Gangs of Lagos” was the most profitable financial decision she had ever made.
The film, which was directed by Jade Osiberu and released on Amazon Prime, tells the story of a group of young people trying to survive in the dangerous and chaotic world Lagos underworld.
Ademoye’s investment in the film seems to have paid off handsomely, as “Gangs of Lagos” becomes a massive success, both critically and commercially.
The film has been praised for its bold storytelling, its powerful performances, and its unflinching portrayal of the harsh realities of life in Lagos underworld. And it was also a box office hit, grossing millions of naira in its first few weeks of release.
For Ademoye, the success of “Gangs of Lagos” was a vindication of her decision to invest in the film.
“Gangs of Lagos” is the first African original movie to be featured on the global streaming platform Amazon Prime.
In the interview, the actress expressed her long-time desire to invest in the film industry. However, she had reservations because she didn’t think filmmakers could recoup the enormous costs associated with film production, given their shooting style.
She stated that she chose to invest in Jade Osiberu’s film because the director is an enigma.
The actress said, “I just called and I’m like ‘Is there space?’ because it’s a Jade film. I was like ‘Oh is the queue long?’ And she [Jade] said ‘Even if there’s no space you know I got you!’”
In order to avoid missing out on another successful investment opportunity like she did with ‘Sugar Rush’, she was determined to seize the chance to invest in ‘Gangs of Lagos’.
Ademoye portrayed the character of Teni in the movie, who was the daughter of a wealthy gang leader and the love interest of Obalola, played by Tobi Bakre.
The 31-year-old actress has an estimated net worth of $200,000 in 2023.
Nollywood is a rapidly growing and increasingly important sector of the global entertainment industry.
According to report, Nollywood produces more films than Hollywood or Bollywood, and its reach extends far beyond Nigeria, with Nollywood films being watched by audiences around the world.
As Nollywood continues to grow and evolve, there will no doubt be many more opportunities for investors to get involved in the industry. And for those who are willing to take a chance, the potential rewards can be enormous.
Award-winning Nigerian singer and activist, Yemi Alade has accused Cool FM Nigeria and Clout Africa of blacklisting her music after she failed to perform at an event organized by the platforms in December 2023.
The singer, in a series of tweets on Thursday night, alleged that her music has been removed from the stations’ playlists for nearly a year, despite her efforts to resolve the misunderstanding.
Alade explained that she was invited by Cool FM to perform at their December event but couldn’t attend.
According to her, she apologized for her absence in January 2024 but faced a cold reception from the management.
She claims this eventually led to her entire music catalogue being banned from the station’s playlists.
“Mr Serge and Mr Joseph, this life is not hard like that. WE SEE YOU… I SEE YOU @cloutafrica @CoolFMNigeria. This world is a small village. My God will fight for me… Una dey form gatekeepers in 2024,” she tweeted, referring to Cool FM and Clout Africa executives Serge Noujaim and Joseph Adamu.
Alade expressed shock at what she described as a deliberate attempt to sabotage her career by refusing to play her songs. She accused the station of barring both her old and new music from the airwaves.
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“Since December 2023. I personally reached out in January. You are still refusing to play my music and giving my team a hard time. You’re not gatekeepers, and you are not God, Mr Serge Noujaim and Mr Joseph Adamu,” she wrote.
She further criticized the lack of communication from the management regarding the issue.
“The common decency to reach out and clear out any misunderstanding borne out of sheer carelessness on your path for a whole year, and your next move is to place an embargo on my songs? Remove my whole catalogue,” she added.
Osun State Governor, Senator Ademola Adeleke has congratulated his nephew and global music icon, David Adeleke, popularly known as Davido on the occasion of his birthday, describing him as a superstar Osun State is proud of.
This was revealed in a statement by his Spokesperson Olawale Rasheed, where he cited Gov Aeleke as pointing to Davido’s consistency, energy and passion yielding the result he has recorded not only in his music career but also in his life as a person.
Gov Adeleke, stated Rasheed, prayed for progress, more success and achievement for Davido, while commending his continuous outreach to the orphanages and less privileged, which he described as ‘a noble act every blessed hand in Nigeria must emulate’.
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He said, ” I want to rejoice with my nephew, David Adeleke, Davido, on the occasion of his 32nd birthday, I am very happy we are all alive to witness it.
“Davido is a global super star that Osun State is very proud of. The consistency, energy and passion he has inserted into building his music career is evident in the result he has recorded not only in his career but also in his life as a person.
“I pray for him for progress, more success and achievement in long life, prosperity, sound health and mind.
“I equally want to commend his continuous outreach to the orphanages and less privileged. I must say that this is a noble act every blessed hand in Nigeria must emulate.
“Once again, Happy Birthday to Davido”.
Afrobeats sensation Wizkid has unveiled his highly anticipated sixth studio album, Morayo, released today (Nov. 22) via Starboy Entertainment and RCA Records.
The album, whose title translates to “I see joy” in Yoruba, is an emotional tribute to his late mother, Juliana Morayo Balogun, who passed away in August 2023.
“Best album I ever made!! Now listen! It’s only up from here!” the Grammy-winning artist tweeted in July, building anticipation for the 16-track project.
Morayo features an impressive lineup of collaborations, including Brent Faiyaz on “Piece of My Heart,” Asake on “Bad Girl,” Tiakola on “Après Minuit,” Jazmine Sullivan on “Bad For You,” and Anaïs on “Slow.” The album also includes previously released singles like “Piece of My Heart,” which reached No. 4 on the U.S. Afrobeats Songs chart and No. 7 on World Digital Song Sales, and “Kese (Dance).”
Notably, Wizkid and Asake’s collaboration on “MMS” has earned a Grammy nomination for Best African Music Performance in 2025, cementing their impact on the global music stage.
READ MORE: Wizkid Unveils Morayo Album Tracklist Featuring Asake
The tracklist for Morayo includes:
1. Troubled Mind
2. Karamo
3. Kese (Dance)
4. Bad Girl (feat. Asake)
5. Time
6. Piece of My Heart (feat. Brent Faiyaz)
7. Break Me Down
8. Bend
9. A Million Blessing
10. Après Minuit (feat. Tiakola)
11. Bad For You (feat. Jazmine Sullivan)
12. Soji
13. Don’t Care
14. Slow (feat. Anaïs)
15. Lose
16. Pray
This marks Wizkid’s first album in three years, following More Love, Less Ego, which reached No. 2 on the World Albums chart and No. 59 on the Billboard 200. His previous projects, including the Grammy-nominated Made in Lagos (Deluxe), have solidified his place as a global music icon.
Fans can stream Morayo now and experience the evolution of Wizkid’s sound, deeply rooted in love, loss, and celebration.
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