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Meet TY Danjuma who owns 30 properties in 3 continents and is worth $1.2billion

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Here’s the story of how Theophilus Danjuma became a billionaire after purchasing an oil block during the Sani Abacha era.
Gen. TY Danjuma (rtd) struck gold in the Niger Delta, now owns properties across the world (Punch)

Gen. TY Danjuma (rtd) struck gold in the Niger Delta, now owns properties across the world (Punch)


In 1998, Gen Theophilus Yakubu Danjumawas awarded an oil block by then military dictator, Gen Sani Abacha.
The deal would go on to make Danjuma “one of a handful of Nigerians made extraordinarily wealthy from the country’s energy reserves”, Bloomberg writes.
Abacha sold off a prized oil black to Danjuma in 1998 (TELL)

Abacha sold off a prized oil black to Danjuma in 1998 (TELL)


To acquire the block at the time, Dajuma paid $25million for an oil field exploration license. In the years that followed, Danjuma gradually made the shift from deep-water oil fields to other spheres where he amassed more power and fortune.
The hotel and property mogul
In 2006, Danjuma’s South Atlantic Petroleum Ltd. sold almost half its contractor rights for a section off Nigeria’s coast to a state-backed Chinese firm for $1.8 billion. 
From 1998 to the present day, Danjuma has become a billionaire who owns hotels and real estate in Nigeria and across the world.
80-year-old Danjuma is now worth $1.2 billion, according to the Bloomberg Billionaires Index.
The Danjumas own more than 30 properties spanning three continents, filings show. 
Danjuma’s real estate investments can be found in the UK, California, Singapore and Nigeria, among others.
The Kings Arm Hotel in London is owned by the Danjumas (Bloomberg)

The Kings Arm Hotel in London is owned by the Danjumas (Bloomberg)


For instance, the Kings Arm Hotel— a 300-year-old inn next to London’s Hampton Court Palace, once the home of Henry VIII—is owned by the Danjumas, according to the story in Bloomberg.
Kings Arm Hotel will open soon after refurbishment. Rooms here cost about 250 pounds ($318) a night. Guests can dine on traditional fare in the Six restaurant, a reference to the monarch’s many wives, or grab a pint on the terrace.
“We never tend to look at trophy assets,”says Danjuma’s daughter Hannatu Gentles, the second of his five children and chief operating officer of his London-based family office. “We’re not going to head to Mayfair to buy a 15 million-pound apartment primarily because we are a yield business.”
T.Y Danjuma has been around Nigeria's power corridors since the '60s (Punch)

T.Y Danjuma has been around Nigeria’s power corridors since the ’60s (Punch)


Gentles also reveals that the Danjumas“invest in real estate in other jurisdictions, but in the U.K. we always thought let’s stick to areas that we know”.
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, one which serves beef carpaccio and lobster bisque in one of three dining areas, while displaying works from the family’s art firm.
Danjuma, now 83, runs a Foundation to help the less wealthy (Guardian)

Danjuma, now 83, runs a Foundation to help the less wealthy (Guardian)


Owning a hotel in Nigeria led the Danjumas to look for a similar deal in the U.K. Two years ago, they splashed 2.4 million pounds for the Kings Arms. Redevelopment work was expected to end in March, but the inn’s age and protected status led to higher costs and delays.
“This is the first, and will possibly be the last, listed building we’ve worked on,” Gentles says. “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.”
Meet Danjuma up, close and personal
Theophilus Danjuma was born in 1938 in Taraba State.
He dropped out of college in 1960 to join the army, according to “Nigerian Politics in the Age of Yar’Adua” by Bayode Ogunmupe. 
After participating in the 1966 counter-coup against Nigeria’s first military dictator, Aguiyi Ironsi, Danjuma became really popular and influential.
A decade after the coup, Danjuma was stepping out of a Rolls-Royce in central London for a meeting with British military officials as Nigeria’s Chief of Staff. 
Danjuma was Nigeria's Chief of Army in the '70s (Bloomberg)

Danjuma was Nigeria’s Chief of Army in the ’70s (Bloomberg)


Danjuma served as Chief of Army Staff from July 1975 to April 1980 and Minister of Defence in the 4th republic from June 1999 to May 2003. 
Bloomberg writes that when Danjuma left the military in 1979, he founded his oil firm and a shipping company, NAL-Comet, which now has more than 2,000 persons on its payroll in Nigeria. 
He remains respected however, in spite of his military and political past. Pallavi Roy, a lecturer at London’s School of Oriental & African Studies says Danjuma was able to retain this respect because of his role in shepherding the nation toward democracy and his eponymous Foundation.
Source: Pulse

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Mr Eazi proposes to Temi Otedola!

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For what seemed like a long while, celebrity power couple—Mr Eazi and Temi Otedola—are finally engaged as Oluwatosin Ajibade better known as Mr Eazi pops the heartwarming “Will you be my wife?” question to his girlfriend of 2 years Temiloluwa Otedola and she responded favourably in the affirmative “Yes” tone.

Fashion mogul and Icon Temi Otedola began dating artiste and music label CEO Mr Eazi in the year 2020 and have been living together ever since in their London apartment, sharing intimate moments, even meeting respective family members. This they’ve both shared in detail on their How Far? With Mr Eazi And Temi Otedola podcast.

Temi announced her engagement by posting the sea-side proposal of Mr Eazi on one knee asking the important question. The video goes by the simple caption of the infinity logo connoting they’re both locked in for life.

Congratulations to Temi Otedola and Mr Eazi!

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Nicki Minaj agrees “Essence” should be song of the year at the Grammys

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American superstar rapper, Nicki Minaj, shares the same sentiments as myriads of Wizkid fans and well-wishers worldwide, in that she concurs to the argument the trendsetting crossover record-breaking single from Wizkid’s 2020 released “Made In Lagos” album, Essence should be in the conversation for the coveted “Record of the Year” plaque at this year’s Grammy Awards.

Although “Essence” did not receive the much desired nomination in the category for “Record of the Year” at the 2022 Grammy Awards, it did get a nod for Best Global Music Performance, the first of its kind.

Irrespective of the snub, Nicki whilie on Joe Budden TV (YouTube) as a guest on the special episode tagged A Conversation With Nicki Minaj & Joe Budden agreed with the host (Joe Budden) when he said “We need people on the Grammy board that know that “Essence” was song of the year” with an exclamatory “Right! Right!” response. She even proffered, “We should have our own Grammy Board“, in support of many and the popular believe that Black Americans or black artistes in general are always stereotyped to a particular category at the award show, if indeed they made it to the top categories, they barely win; Nicki Minaj does not have a Grammy Award herself and that is still a shock to many, especially when considering her refined catalogue of music.

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Pheelz & Buju (BNXN) live the carefree lifestyle on “Finesse”

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After much teasing, the anticipated Finesse by Pheelz and Buju (now BNXN) hit DSPs across the globe and just like the teaser gave off, Finesse is a banger! It is produced by young producer under Pheelz’s wing known as Miichkel.

On Finesse, Pheelz and Buju live their life to the fullest, the carefree lifestyle is what they desire and they are determined to stay on that track for the time being. “I’ve been living the fast life but I see it in slow mo / And you see my lifestyle, I got Gs in the turbo / . . . / Bad girl sey she want Netflix & Chill / So I ja ticket give her warning / If you fall in love, girls it’s certain / You go chop breakfast, I’m not capping“, Pheelz explains on the first verse, even saying love and relationship cannot stop him from living the ‘ballers’ lifestyle; “I’d be dammed if there’s anybody that could be like me / I be like Mo’ Salah, coming up the right wing / I cut through your defender, you no need to tell me / I must finesse / And you know sey me I must net“, Buju braggingly adds on the second verse, saying he can score any chick that catches his eye and dish her the next minute.

listen to the popular joyous chorus “Ah finesse / If I broke na my business / Ama shana e go bright o / Folake for the nighr ohere or on Apple Music.:

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