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.
Lagos witnessed an electrifying night of Afrobeats excellence on December 23, 2024, as the Flytime Music Festival took center stage.
Headlined by Nigerian music powerhouse Olamide, the event brought together an impressive lineup of stars to deliver unforgettable performances.
Olamide, affectionately called “Baddest” by fans, captivated the audience with back-to-back hits from his extensive catalog, including fan favorites like Melo Melo and Duro Soke.
The night turned emotional when Zlatan Ibile joined Olamide on stage and knelt in homage, a moment that resonated deeply with the crowd.
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The festival also showcased the generational impact of Olamide’s artistry.
Rising stars like Lil Kesh, Young Jonn, and Pheelz, who credit Olamide as a mentor, joined him on stage for a nostalgic display of talent.
Bella Shmurda, Fireboy DML, and Wande Coal also made show-stopping appearances.
A highlight of the night was the powerful duet between Olamide and Wande Coal on their hit song Kpe Paso.
Afrobeats royalty turned out in full force to support Olamide. Icons like Tiwa Savage, Phyno, Peruzzi, and Iyanya performed alongside emerging stars such as Magixx, Omah Lay, Orezi, Khaid, and Lojay, making the event a celebration of the genre’s past, present, and future.
CKay added extra flair by joining Olamide for a vibrant performance of their collaboration, Wahala, while Tiwa Savage brought her signature energy to the stage, keeping fans on their feet.
Backstage, entertainers Tunde Perry and Farulee added a dose of humor, further elevating the night’s excitement. Flytime Music Festival 2024 was more than a concert; it was a testament to the unifying power of music and a celebration of the global dominance of Afrobeats.
Nigerian music sensation Davido was recently seen engaging warmly with Bose Ogulu, the mother and manager of Grammy-winning artist Burna Boy, at Tony Elumelu’s exclusive all-white party in Lagos.
The event, hosted by the prominent entrepreneur and philanthropist, gathered a star-studded assembly of celebrities, business leaders, and influencers.
The interaction between Davido and Ogulu drew significant attention, especially considering the previously reported tensions between Davido and Burna Boy.
Their cordial exchange at the event has sparked discussions among fans and observers, suggesting a possible easing of past disagreements.
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The all-white party, known for its elegance and high-profile guest list, featured performances from top Nigerian artists, including Davido and Burna Boy. Their individual performances were among the highlights of the evening, showcasing the unity and vibrancy of the Nigerian music industry.
Tony Elumelu’s gatherings are renowned for bringing together diverse talents and fostering a spirit of collaboration. The presence of both Davido and Burna Boy’s mother at the same event underscores the influential role such occasions play in bridging gaps within the entertainment community.
As videos and images from the event circulate on social media, fans express optimism about the potential reconciliation between the two music giants. Many hope that this encounter signifies a new chapter of collaboration and mutual respect in the Nigerian music scene.
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Several children lost their lives, and many others were injured in a tragic incident at a funfair in Ibadan, a city in south-west Nigeria.
The event, which was advertised as free entry, attracted a massive crowd, resulting in a crush as attendees struggled to gain access.
Eyewitnesses reported that over 5,000 children gathered at the venue, located at the Islamic High School Basorun. The tragedy unfolded when the main organisers arrived to begin the event. While the exact sequence of events leading to the crush remains unclear, the situation escalated into chaos, leaving scores injured.
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The Oyo state government confirmed the incident, stating that victims had been rushed to various hospitals across Ibadan for treatment. In a statement, they acknowledged “multiple loss of lives and injuries.” Authorities have urged concerned parents to check local hospitals for their children’s whereabouts.
The devastating event has left the community in shock, with residents mourning the lives lost in what should have been a joyous occasion. Investigations are expected to shed light on how the situation spiraled out of control.
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