Connect with us

Business

Again, Africa’s biggest Philanthropist, Femi Otedola has Done It!

Published

on

Again, Africa’s biggest Philanthropist, Femi Otedola has Done It!

Magnanimity is seldom a strong suit of Nigerian billionaires. But nature does not use a one-size fits all approach which is why billionaire businessman, Femi Otedola, is widely perceived as one of the rarest and kindest of money men.

Without a doubt, if the history of biggest philanthropists in Africa were to be documented, the billionaire’s name would definitely gain prominence. 

Giving, without looking back, is a second skin to him. Whilst he would rather do this without making a song and a dance of it.

And he has done it again.

The benevolent billionaire has taken up the medical expenses of the famous reggae icon, Majek Fashek, who is terribly sick and stranded in London.

Confirming the story and sounding the alarm of the critical state of the ‘Rainmaker’, who is currently receiving treatment in a London hospital, his manager, Uzoma Day Omenka, painted a pathetic picture of the dire situation the musician is in.

Thankfully, Mr Otedola is taking care of the hospital bill fully and this has thrown Nigerians across the world into fits of joy.

Billionaire businessman and Chairman of Forte Oil, Femi Otedola, does not court media attention needlessly.

Yet, almost every move he makes, either in his business or private life, has never escaped the attention of newshounds.

He is a delight to professional journalists and biographers. If you choose to write about his uncommon feats as a businessman, you will come up with volumes of work that will most likely intimidate a bibliophile. In the same way, if you choose to document his philanthropic acts, in black and white, your hand may grow tired.

Such is the life of this oil mogul who has become an angel of hope to many and a God-sent to his compatriots who have been visited by the vicissitude and lassitude of life.  To say he is generous with his God-given wealth is to put it mildly.

Among his other acts of uncommon generosity and fellow-feeling, he came to the rescue of ailing popular thespian, Victor Olaotan, last year, when he needed over  $100,000 for treatment of an injury he sustained in a ghastly auto accident in 2016.

The veteran actor received the much-needed but expensive neuro-rehabilitation treatment that saved his legs from being amputated, courtesy of the Lagos State- born business magnate’s kindness.

In line with his avowed commitment to lending a helping hand to his needy compatriots, Otedola has, again, risen to help a soul, Christian Chukwu. Immediately news broke that the former Green Eagles skipper needed $50,000 to complete treatment for prostate cancer which has affected his leg, Otedola was said to have called him and promised to foot the bill at the Wellington Hospital, London. He could not imagine the man who had made the country proud in the past as the captain of the first Nigeria team to win the African Nation cup continue to writhe in pains.

In May this year,  Otedola also came to the aid of Peter Fregene, a former Green Eagles goalkeeper, who had been bedridden since 2001, after a SUNDAY PUNCH report.

Otedola has also reportedly taken up the medical expenses of ailing Nollywood actor, Sadiq Daba.

In 2017, Sadiq Daba, who had been battling leukaemia and prostate cancer for the past few years, returned to Nigeria from the UK where he went for medical treatment. The ace broadcaster also revealed that he was diagnosed with prostate cancer in November 2017. This was barely months after he was hospitalised due to leukaemia. 

Continue Reading

Business

Abuja Investments Company Limited Launches Automated System

Published

on

By

 

 

 

In a significant stride toward modernization and efficiency, Ambassador Maureen P. Tamuno, Group Managing Director and CEO of Abuja Investments Company Limited (AICL) has unveiled an Automated Tollgate System for streamlining access control, security enhancement, and facilitation of smoother operations in Garki Ultra -Modern Market in the Federal Capital Territory.

According to Fatima Nadada, Head of Communications, AICL, the automated system will among other things provide: Smart Access Control; also, the new system employs cutting-edge technology to regulate entry and exit at the market gates by ensuring that only authorized individuals can access the premises.

“In addition, there is room for real-time monitoring of activities as market administrators can monitor activities at the gates in real time, allowing for prompt responses to any anomalies or security breaches.

 “Also, the system collects data on foot traffic, peak hours, and patterns. Thus, enabling informed decision-making by the management of the market, as well as efficient revenue collection, since it will improve automated payment processing, simplifies fee collection, reduce paperwork and enhance transparency.”

In her remarks at the event, Ambassador Tamuno expressed enthusiasm on the milestone and was optimistic that the automated system would not only empower market stakeholders but contribute to the growth of FCT’s economy.


6
/ 100


Continue Reading

Business

Bigi Carbonated Soft Drinks Treats 40 Consumers to an Epic Easter Movie Hangout

Published

on

By

 

 

 

 

 

Reinforcing her commitment to a delightful consumer experience, Bigi Carbonated Soft Drinks, a leading brand from Rite Foods Limited, hosted 40 lucky fans to an impressive Easter celebration. This exciting Easter movie hangout took place at Silverbird Cinemas, Ikeja City Mall, Lagos, and featured a screening of the movie, “Beast of Two Worlds (Ajakaju)”.

The movie’s portrayal of traditional Nigerian society alongside its thrilling plot left the Bigi consumers thoroughly entertained. After the movie, the fans received exciting freebies and expressed their gratitude to the Bigi brand for this special Easter treat.

Biola Aransiola, Assistant Brand Manager, Bigi, commented on the event, highlighting Bigi’s dedication to showing appreciation to their consumers. “This movie hangout served as a way to celebrate Easter with our loyal fans and provide them with a truly extraordinary experience, all while enjoying the refreshing and diverse range of 13 Bigi flavours,” Aransiola stated.

Bigi Carbonated Soft Drinks has consistently demonstrated a strong commitment to consumer well-being. The brand actively connects with its audience by creating opportunities to fulfill their dreams and offering refreshment throughout their journeys. Bigi’s dedication to its consumers is further solidified through sponsorships of various initiatives, earning them prestigious awards such as the “Most Innovative Carbonated Soft Drink Brand of the Year” (2023), “Friendly Brand of the Year” (2023), and “Best Value for Money-Carbonated Soft Drink Brand” (2023), among others


7
/ 100


Continue Reading

Business

Ooni of Ife Extends Business Frontier with Audacious Takeover of Tingo

Published

on

By

 

Ooni of Ife His Imperial Majesty, Enitan Adeyeye Ogunwusi

 

Coca Cola, Pepsi, American Cola & all other popular brands in the soft drink sector & energy drink sector should get set for an immense battle royale, which would be to the great advantage of the consumers, as the newest brand to come into that sector arrived with a massive bang yesterday! And to the admiration of all.
Tingo set of drinks launched on Tuesday, April 16, 2024, at their expansive HQ, to the admiration of all to loads of unprecedented razzmatazz/fanfare with consumers greatly giving kudos for a good job well done.
Only 2 out of 9 variants were launched yesterday. The Tingo Cola & Tingo Electric Energy drink. And already people are anticipating the other variants with bated breaths! As they were quite impressed with what they have experienced already!
To state a fact without mincing words, the taste was amazing, as was the international style packaging, too, in reusable cans, with health considerations playing a major part in the production. Sugar content was exact without affecting the taste!
Even the name of the brand Tingo is also titillating, to say the least.
All of the 9 varieties of impressive drinks are set to be unleashed powerfully into the market pretty soon like a takeover by the company now captained by none other than his imperial majesty, Alaiyeluwa Oba Adeyeye Babatunde Enitan Ogunwusi, the Ojaja II, Ooni-Orisa Olofin Adimula of Ile-Ife.
The astute businessman cum royal father is said to have bought off the company from the former owner and has deliberately kept the fascinating name of the brand.
The amiable monarch, who is a youth advocate/encourager in all ramifications, who believes fervently that the sky is the beginning, and not a limit as it concerns any endeavour one finds in his/her hand to do, spoke at the launch, thus:
‘Nigeria can lead the entire continent of Africa to compete favourably in the global market with standard goods and services, particularly when it comes to carbonated drinks, beverages, and the likes’.
Ooni went further to say that Tingo Cola and Tingo Electric; a Flavoured Carbonated and Energy drinks, respectively, produced by Tingo B.V PLC is a spin-off company from Ojaja Pan Africa Limited, explaining that Nigeria has a lot to offer the world.
“It has been my dream from childhood to have a homegrown brand that will satisfactorily produce international quality drinks that will serve Nigerians, and present the country as a leader in the African market and on the global stage.
“Currently, we have the license under which we are producing Tingo Cola, Tingo Electra, Tingo Twist (Cucumber and Cranberry) and Tingo Booze Fruit mix. All of which are produced and packaged in Nigeria with recourse to our values and standards. All to be properly integrated with Ojaja bitters, Orange, Lemon/Ginger/Orange drinks. Also, most importantly, we should all work towards elevating our homegrown brands instead of demarketing them.”
Speaking further on his involvement in the commercial activities through these products, Ooni Ogunwusi said, “I have taken it upon myself to step into the market not as businessman but as a pathfinder who will show our people how to add value for international standard in production to distribution and consumption. It is a new model that will be a win- win for everyone.
“With this, I am targeting a total of five million direct and indirect jobs for the youths, particularly through retailing, recycling, and other forms of distributorship fully driven by technology. The youths are drivers of this initiative, and we are determined to achieve this purpose through a unique, proven technology and innovation. Under our Unified ecosystem of “the more we are together, the happier we shall be”


46
/ 100


Continue Reading

Trending News