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T.Y Danjuma Worth $1.2bn, Owns International Hotels – Bloomberg

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Interestingly, renown United States-based financial data media house, Bloomberg, says a former Minister of Defence, Lt.Gen Theophilus Danjuma (retd.), is worth an estimated $1.2bn (N432bn).

This is the first time Danjuma’s net worth would be made public.

Danjuma was mentioned in the Panama Papers in 2017 among prominent Nigerians that operated foreign accounts and had foreign companies while holding public office.

The retired general was also among global personalities found to maintain secret accounts, operated with codes, with the Swiss branch of banking giant, HSBC.

According to Bloomberg’s latest report, Danjuma owns not less than 30 properties worldwide some of which include hotels, luxury apartments and others.

Bloomberg said in a report that Danjuma had also acquired the ‘Kings Arms Hotel’, a 300-year-old inn next to London’s Hampton Court Palace, once the home of King Henry VIII.

It’s set to open soon after refurbishment, with rooms costing about 250 pounds ($318) a night.

The report read in part, “In this most English of settings, it’s fitting the owner is a retired military man still referred to as “General.” But for Theophilus Danjuma, this is just one investment in a network of assets that span at least three continents.

“The 80-year-old Nigerian is worth $1.2bn, according to the Bloomberg Billionaires Index, with his family office managing a portion of that wealth, often through low-key holdings such as the 14-room hotel.”

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Hannatu Gentles, the second daughter of the retired general, confirmed to Bloomberg in an interview that the property was indeed bought by the family and would bear the ‘Danjuma’ name.

She said they paid 2.4m pounds (N1.09bn) for the hotel.

Gentles said redevelopment work was expected to end in March, filings show, but the inn’s age and protected status resulted in higher costs and delays.

“This is the first, and will possibly be the last, listed building we’ve worked on,” Gentles said. “It’s taken longer than we wanted, but our name is attached to the building and we want to be proud of our work. It’s been a hard slog.”

Danjuma’s new venture is far removed from civil war and deepwater oil fields, the spheres where he amassed his power and fortune.

In 2006, his South Atlantic Petroleum Ltd. sold almost half its contractor rights for a section off Nigeria’s coast to a state-backed Chinese firm for $1.8bn.

The ex-minister was awarded the block in 1998 by the regime of former dictator and fellow army officer Sani Abacha, making him one of a handful of Nigerians made extraordinarily wealthy from the country’s energy reserves.

“Basically, these people got winning lottery tickets,” said Antony Goldman, founder of West Africa-focused ProMedia Consulting. “At the time, you had a government desperate for credibility that was isolated internationally.” Danjuma was “someone who’s not really a politician, who is respected in business and in the army.”

Danjuma was born in 1938, the year Royal Dutch Shell received its first oil exploration license for the country and more than two decades before it gained independence from Britain.

He dropped out of college in 1960 to join the army, according to “Nigerian Politics in the Age of Yar’Adua” by Bayode Ogunmupe. He gained prominence after participating in the 1966 counter-coup against Nigeria’s first military dictator.

A decade later, he was stepping out of a Rolls-Royce in central London to meet British military officials in his role as chief of staff for Nigeria’s army. He left the military in 1979 and founded his oil firm and a shipping company, NAL-Comet, which now has more than 2,000 employees in Nigeria. Danjuma paid $25m in 1998 for the oil field exploration license that made him a billionaire. A year later, he became Nigeria’s defence minister as the country returned to democracy.

He originally teamed up with Total SA and Brazil’s Petroleo Brasileiro SA on the block. The minority stake that Danjuma’s company now owns is worth $450m, according to Bloomberg’s wealth index.

“Beyond the UK, they own real estate in California and have bought and sold property in Singapore. Their family office also oversees private equity investments, trust funds and a venture capital arm that backs family-run art and film companies. The Danjumas own more than 30 properties worldwide, filings show,” the report stated.

Confirming this, Danjuma’s daughter added, “We invest in real estate in other jurisdictions, but in the UK we always thought let’s stick to areas that we know.”

She noted that her father bought a residence in Singapore years ago, “and it made sense then to buy some more,” she said, adding they’ve since sold the properties because of tax law changes.

In addition to the Kings Arms Hotel, the Danjumas have developed residential properties this year in Esher and Wimbledon. They also own a boutique hotel in Lagos, serving beef carpaccio and lobster bisque in one of three dining areas and displaying works from the family’s art firm.

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Ileya Tonic : King Saheed Osupa Announces New 2-in-1 Album, Acapella & Metamorphosis

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Ileya Tonic : King Saheed Osupa Announces New 2-in-1 Album, Acapella & Metamorphosis

By Alhaji Arems (Baba Fuji)

 

 

Veteran Fuji musician King Saheed Osupa is set to release a new 2-in-1 album titled Acapella & Metamorphosis on May 26, 2026.

The announcement was revealed through promotional materials shared across the singer’s official social media pages, where anticipation has already started building among longtime fans of the Fuji icon. The artwork for the project presents Osupa in a calm and regal setting, matching the mature image he has maintained throughout his career.

While full details about the tracklist and featured artists are yet to be officially released, the title of the project has already sparked conversations online. “Metamorphosis” suggests a new phase or evolution, while “Acapella” hints at a more raw or expressive musical direction. Together, both titles point toward a project that may combine classic Fuji elements with a refreshed sound and message.

Over the years, Osupa has remained one of the most respected voices in Fuji music, known for his deep lyrical style, cultural storytelling, and loyal fanbase across Nigeria and beyond. Even as the music industry continues to evolve, the singer has maintained strong relevance, especially among audiences who appreciate traditional Yoruba-rooted sounds blended with contemporary production.

The decision to release a 2-in-1 album also stands out at a time when many artists are focusing on shorter projects and singles. For established acts like Osupa, larger releases often serve as a statement of longevity, consistency, and artistic confidence.

Fans have continued to react positively to the announcement online, with many already counting down to the release date. The project is expected to arrive on major streaming platforms including Spotify, Apple Music, Audiomack, Boomplay, YouTube Music, TIDAL, and Deezer.

With the official release now scheduled for May 26, listeners will be watching closely to see what King Saheed Osupa delivers on Acapella & Metamorphosis and whether the project marks another defining moment in his long-running career.

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Powerful dignitaries, high net worth personalities storm Omorede Osifo’s diamond jubilee celebration in Marbella Spain

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Powerful dignitaries, high net worth personalities storm Omorede Osifo’s diamond jubilee celebration in Marbella Spain

.. How she has attained so much professional, political heights at 60 

 

 

The beautiful city of Marbella in Spain was thrown into a colorful and electrifying mood when one of Nigeria’s most celebrated, iconic political Lionesses, the debonair banker turned politician, Lady Omorede Osifo was serenaded with a sumptuous and deluxe 60th birthday gig.

 

The dynamic political empress and symbol of selfless service to humanity who served diligently and faithfully as the honourable Commissioner for Youth and Sports in Edo State was flabbergasted by the amazing love shown to her by friends, family and well-wishers who thronged the alluringly beautiful hall to give her an indelible birthday celebration. The event tagged @omorede_osifo is now the talk of town as high networth dignitaries, celebrities from all walks of life and different parts of the world all made their presence significant for the celebrant to ruminate over in many years to come.

 

Lady Omorede Osifo is a quintessential democrat who committed much of her time and energy in serving the people. The birthday babe whose special day fell on 8th of May has come, saw and conquered in the so-called murky waters of Nigerian politics. She served perfectly as State Commissioner, Deputy National Treasurer of the ruling All Progressives Congress (APC),

Special Adviser on Women Mobilization in Edo State and as a distinguished representative of her people.

 

As the celebration of the 60th birthday of this lady of glam, glitz and panache unfolded, it became clear that this gathering was not just a personal milestone for Hon. Lady Omorede Osifo but also a reaffirmation of commitment among political leaders to work together. The convergence of these key figures in the political arena serves as a reminder of the potential for collaborative efforts to foster progress and uplift the community.

 

Her birthday celebration was a testament to the strength of unity in political engagement, highlighting the significance of personal connections in the realm of governance.

 

As Hon. Lady Omorede Osifo embarks on another year, the expressions of support and solidarity from her fellow dignitaries promise a future filled with collaborative achievements and shared goals for the betterment of their constituents.

 

Hon. Lady Omorede Osifo is a fantastic leader who wants the best for her people. She is personally committed to the transformation of women and two girl child in Edo State and she has also been at the top echelon of her political party, the APC with her selfless efforts recognized and appreciated by His Excellency President Bola Ahmed Tinubu GCFR as well as her superb democratic contributions to the growth and development of Edo State under the leadership of His Excellency Governor Monday Okpebholo who has overtime shown appreciation to her for being a dedicated and patriotic loyal daughter of Edo State. Even the Oba of Benin Kingdom bestowed on her the Prestigious Royal Beads which is given to Chiefs in recognition of her deep passion for the historical city of Benin.

 

This year, all road led to the serene city of Marbella, Spain for the celebration of her 60th birthday and a opportunity for her to appreciate her Creator, the Almighty God as well as every single individual that has played significant roles in her life.

 

Attaining the diamond age of 60 is never a child’s play, it’s a moment of sober reflection and commendation to God. We at Black Celebrity Magazine wish the indefatigable and indomitable Hon. Lady Omorede Osifo a very happy 60th birthday and many more years to live in perfect health and more success.

 

Powerful dignitaries, high net worth personalities storm Omorede Osifo's diamond jubilee celebration in Marbella Spain

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Confusion, Panic As Reports Of Alexx Ekubo’s Death Rock Nollywood

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Confusion, Panic As Reports Of Alexx Ekubo’s Death Rock Nollywood

 

The Nigerian entertainment industry was thrown into confusion and panic on Tuesday following viral reports alleging that popular Nollywood actor, Alexx Ekubo, had died at the age of 40.

 

 

The shocking claim, which spread rapidly across social media platforms and blogs, alleged that the actor died in Lagos after battling undisclosed health complications, sparking an outpouring of grief from stunned fans and colleagues.

 

 

As the rumours gained momentum online, several actors, movie producers and entertainment enthusiasts flooded Instagram and X with emotional reactions, describing the development as “heartbreaking,” “unbelievable” and “a dark day for Nollywood.”

 

 

Actor Godwin Nnadiekwe was among those who reacted emotionally, reportedly lamenting that the industry had lost “a rare soul” whose charisma and talent helped shape modern Nollywood.

 

 

Alexx Ekubo, widely admired for his stylish persona, romanti movie roles and strong social media influence, rose to prominence after emerging first runner-up at the 2010 Mr Nigeria competition before becoming one of Nollywood’s most sought-after actors.

 

 

The development also reignited conversations surrounding the actor’s prolonged absence from social media in recent months, which had earlier triggered concern among fans over his wellbeing.
Despite the widespread reports, confusion continued to trail the story as no official statement had been issued by the actor’s family, management or close associates confirming the alleged death as of press time.

 

 

The uncertainty surrounding the reports further fueled tension online, with many Nigerians demanding clarity while others urged the public against spreading unverified information.

 

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