Former Managing Director of UBA, Tony Elumelu and Ex-Governor of Abia State, Orji Uzor Kalu have both been named in the Forbes list of 50 richest people in Africa. According to Forbes, Elumelu joined the rich list with a net worth of $1billion. On Kalu, Forbes said, ” he is better known in Nigeria as a politician…but he is also one of the country’s most successful businessman. He made his first million at 20 by trading agricultural commodities, and then found his way into the circles of influential military personnel who awarded him lucrative contracts to import and supply arms…
Author: Pride Team
All is set for the Nigeria Music Video Awards 2014, scheduled to hold at the exhibition center of Eko Hotel and Suites in Victoria Island Lagos on Wednesday the 26th of November, 2014. The NMVA which is reputed for being one of the most consistent award ceremonies in the country is in its 8th consecutive season and this year’s edition, like others in the past is cause driven. Its theme,’A world without violence’ is dedicated to further deepening the consciousness of a violence free environment which is necessary for peace to thrive. This is against the backdrop of violent eruptions…
Now that, Nollywood producers are no more interested in inviting Stella to movie set, she has found favour in the eyes of Music. You remember her tiny voice in Tade Ogidan’s All Stars, singing “Gbemisoke”? Now the Absentee Nollywood actress Stella Damasus is set to revive her musical career in the United States. The actress and Daniel Ademinokan are working on a new album with Grammy Award winner, Mike Wilson. Daniel shared the above photo of Stella and captioned it, “In the studio with Grammy Award Winning mixing engineer MIKE WILSON @ Patchwerk Studios ATL. When a man has worked…
Leading Nigerian rapper, Michael Stephens Ugochukwu, famously known as Ruggedman has denied the allegation that he floated his own clothing line because of decline in his musical exploits . Ruggedy Baba, whose latest single ‘Agidi’ featuring Wande Coal is rocking the airwaves, said those insinuating such tales are agents of falsehood. “That is a lie. Music is paying me. If I don’t make money from music, I would have stopped long ago. I am still here, still doing good. Don’t forget, Ruggedman was the first rap artiste to make money with rap music, before any other person. Till date, he…
A retired senior South African Police Officer, Colonel Vincent Mdunge, is to refund part of a total of R3.5 million he earned as salary in about 27 years of service. Durban – Former provincial police spokesman, Colonel Vincent Mdunge, has been found guilty of a forgery and two fraud charges. Col Mdunge, former provincial police spokesman for KwaZulu Natal, is to make the refund, yet to be calculated, because he should not have risen to the rank of Colonel since he did not join the Police with a matric certificate in 1987 but a Standard 8 certificate. This follows his…
The Republic of Uganda is getting itself ready to garner maximum benefits from oil production which begins in “a few years’ time”. Commissioner General of the Uganda Revenue Authority, Ms Doris Akol, who disclosed this, said “work is already in progress for building URA’s capacity to accurately track revenues and tax the incomes of oil companies”. In an interview on the sidelines of a meeting on “transparency in the extractive industry”, Miss Akol said with oil production expected to begin in a few years, oil companies are bound to start making lots of money. However, the URA boss warned the…
The new Customs Area Comptroller for the NAHCO Warehouse in Lagos, Mr. Taju Olarewaju, was manhandled by Clearing Agents at the warehouse who are feeling the pinch of reforms he had introduced into their operations. Olanrewaju, who is just a few weeks at post attempted to enter NAHCO warehouse as part of measures to implement some reforms that would make for efficient goods clearing. But he was denied entry even though he introduced himself as the CAC. To add salt to injury a clearing agent reportedly pushed him, which annoyed other customs men nearby. Attempts by other customs officials to…
Multi-award winning British Nigerian beauty entrepreneur, Dr Lady Clare Eluka will be on-call via Pride Mag NG every Thursday answering your Health, Beauty or Business questions. Catch her on twitter too @askladyclare for the chance to have your question answered in the magazine, online and in print! Q: Why do my pimples appear blacker than my skin, and what can I do about it? (Chichi, Umuahia) A: Chichi, Most people associate Acne as the most challenging of all skin ailments. All types of acne — blackheads, whiteheads, pimples, and cysts — develop when pores in our skin become…
By Alex C French carmaker Peugeot is the brand that customers are most satisfied with when it comes to fuel efficiency, according to Marketing Insight. The automotive research firm polled 22,819 drivers who purchased vehicles less than three years ago and released its index on brand satisfaction in the area of fuel economy. According to the result, Peugeot ranked top, scoring 86 points out of 100, followed by Volkswagen with 85.5 points and BMW with 78.8 points. Among local automakers, Renault Samsung and GM Korea shared the honours, scoring 60.7 points. However, customer satisfaction with fuel efficiency between imported and…
By Alex C Large amounts of high-capacity international bandwidth lying idle on Nigeria’s coastline is sparking off the resurgence of fixed line (wired) telephony as telecommunications companies begin build out requisite infrastructure needed to take internet services across the length and breadth of the country, market observers have said. An estimated $2.94bn have been ploughed into the deployment of five submarine cables, with these internet infrastructures easing the long standing constraint of high capacity bandwidth required to drive data hungry services such as e-health, e-commerce, telemedicine, e-government, e-banking, amongst others. According to experts, fixed line infrastructure offers faster and stable…