Elon Musk aka Mr. Xtraordinary now in celebrated in my NFT series of famous people. The first outside Nigeria.
I prefer to call him Mr. X.
View on https://nftmyimage.com/3_tKCe-uU9WJRQm2SvbIGg?created=true
Showing posts with label Forbes. Show all posts
Showing posts with label Forbes. Show all posts
Friday, September 29, 2023
Sunday, October 10, 2021
Abubakar Malami: The Richest Government Minister in Nigeria
The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, is the richest Federal Minister in the Federal Republic of Nigeria. He should be on the cover of Forbes.
Former President Goodluck Jonathan said he made many of his beneficiaries millionaires. President Muhammadu Buhari is making many of his own benefiaries billionaires that should be on the Forbes list of the billionaires in the world.
The following details of his multi-million dollars assets are published by Sahara Reporters .
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For example, Malami has an underground hotel in Sokoto, three houses at Peace Estate, Abuja, a brand new state-of-the-art school in Kebbi, two houses for his sons worth N100million each, and a new hotel under construction in the Jabi area of Abuja.
He also bought a house in 2020 worth N150 million in the Gwarimpa area of Abuja.
Part of Malami’s assets since becoming a minister is also a newly constructed school which is located at the back of NITEL in Gesse Phase 1, Birnin-Kebbi.
A new house worth N600million on Ahmadu Bello Way, Nasarawa GRA, Kano, was acquired by Malami also after becoming a minister.
Malami also built a N3billion multipurpose event centre in Kebbi state named Azbir Arena for his son in Kebbi.
This is apart from Rayhaan Hotel located on Zaria Road, opposite Aminu Kano Teaching Hospital, which the AGF massively upgraded.
Ever since SaharaReporters published a series of detailed reports exposing these illicit acquisitions, the online news medium has been a target for the AGF’s camp.
Despite the open display of unexplained wealth by the AGF and members of his family in recent times, President Buhari, who rode to power in 2015 on the back of a promise to crush corruption, especially in the government circle, has yet to offer any statement on the development.
Observers say Buhari’s silence is an endorsement of the atrocities of one of his most trusted lieutenants, Malami.
Read more on
http://saharareporters.com/2021/10/09/exclusive-nigerias-ministry-justice-under-attorney-general-malami-goes-bankrupt-exhausts
Wednesday, September 29, 2021
Mo Abudu and Chioma Ude Have the Best International PR for Nollywood
Mo Abudu and Chioma Ude Have the Best International PR for Nollywood
Mo Abudu, the Founder and CEO of the EbonyLife Group and Chioma Ude, the Founder and CEO of the annual Africa International Film Festival (AFRIFF) have the best international public relations profiles for Nollywood and the Nigerian film industry.
Both of them understand the importance and significance of international public relations for the promotion of Nollywood as a global brand of the Nigerian film industry. And that is why both of them are the most recognised and have been attracting international partnerships with the leading film and TV entertainment companies in the world, including Netflix, Sony Pictures and Disney.
Mo was the first to gain international recognition with the influential Hollywood Reporter calling her Africa's answer to Oprah Winfrey and named her among Hollywood Reporter's MIPCOM's 25 Most Powerful Women in Global TV.
Then the highly esteemed Forbes magazine named her Africa's Most Successful Woman.
In 2021, She was selected to become a Voting Member of the Academy of Motion Picture Arts and Sciences (AMPAS) for the annual Academy Awards, popularly known as the Oscars.
Her international honours within 11 years have been really groundbreaking as a trailblazer for Nigerian women in the global entertainment industry.
Forbes Africa recognised Mo Abudu as the first African woman to own a Pan-Africa TV channel in 2013; Entrepreneur of the Year award by Women Week in New York in 2014; appointed a Director of the International Academy of Television Arts and Sciences responsible for staging the annual International Emmy Awards.and later appointed her as the first African Chair of the 47th annual International Emmy Awards Gala, held in New York on Monday November 25, 2019; named on the Power list 2018 of UK's top 100 most influential people of African and Caribbean descent; the first African to be awarded the MIPTV's 2019 Médailles d'Honneur, in Cannes, France; named in the Powerlist 2020 of the Top 100 most influential people in the UK of African/African-Caribbean descent and featured in the Greatest Blacks Ever: Top 100 Blacks Who Changed the World for (Peace: Progress: Prosperity).
Mo did not receive all the accolades of her outstanding achievements overnight. She started with her "Moments with Mo" on TV like the Oprah Winfrey Show that inspired her as she told the New York Times in her recent most comprehensive interview last week.
She talked about her influential family backgrounds, childhood dreams, education and top flight professional career as brand ambassador for AVON Cosmetics for the African market; HR consultant with Atlas Recruitment Consultancy firm in the UK; the Starform Group; Head of HR for Arthur Andersen and HR & Training for ExxonMobil. She was the Founder of Vic Lawrence & Associates Limited.
Her passion for the film and TV entertainment industry is powered by her vision to excel, succeed and triumph in spite of the economic and societal challenges of Nigeria in competition with the best in the world.
Before, Chioma became a trailblazer for Nollywood, she has been an Amazon in Corporate Nigeria as the Managing Director and CEO of JATA Logistics Ltd. Then she invested in the blossoming Nollywood as she co-organised and co-hosted the successful 6th ION International Film Festival (IONIFF) (a touring festival originating from Hollywood) in 2009 in Port Harcourt, Rivers State with the organizing committee of experts, including Peace Anyiam-Osigwe the founder and CEO of the annual AMAA Awards, Caterina Bortolussi, the co-producer of ION International Film Festival, Soledad Grognett, Ilaria Chessa, June Givanni, Alessandra Speciale and Celine Loader. Then the following year, 2010, she founded and organised the first edition of the annual Africa International Film Festival (AFRIFF) in December and she has made it the numero uno of film festivals in Nigeria and West Africa.
She has invested her resources and quality time on the international profile of the film festival as I reported in my widely circulated "AFRIFF International Film Festival Brings Hollywood-Style Glitz and Glamour To Lagos"
https://nigeriansreportng.
AFRIFF has awarded scholarships for international courses in filmmaking and film studies in America and France.
In 2019, Chioma became the Co-Founder and Group CEO of Envivo Communications Limited, a multifaceted convergence of the entertainment industry, educational developments and technological applications for the fintech Industry.
Envivo launched the nVivo TV, a
free video on demand streaming platform that offers diverse content from the best content providers in the world.
By their visionary leadership, Mo Abudu and Chioma Ude have shown us the Big Picture of Nollywood of the future as one of the most dynamic creative developments in the global entertainment industry of the 21st century.
- By Ekenyerengozi Michael Chima,
Publisher/Editor,
NOLLYWOOD MIRROR®Series
247 Nigeria (@247nigeria) / Twitter
https://mobile.twitter.com/247nigeria
https://www.amazon.com/author/ekenyerengozimichaelchima
https://www.linkedin.com/in/michaelchimaeyerengozi
Sunday, December 27, 2020
Funke Akindele Bello Wraps Up 2020 With Grit and Gusto in "Omo Ghetto: The Saga"
This is the biggest and hottest #Nollywood action movie of the moment. And she is jumping into the New Year 2021 with pomp! I see the movie breaking the box office records of "The Wedding Party" by the Valentine's Day in Nigeria, Ghana, Kenya and South Africa.
The public demand for "Omo Ghetto: The Saga" should make it run till March, 2021.
Funke Akindele should maximise the momentum by exploring the movie merchandising opportunities in the commercial production of "Omo Ghetto: The. Saga" T-shirts, #facemasks, face caps, bandanas, shopping bags, etcs; with a positive message that if you don't give up, "las las", you can make it from the ghetto to the top of your dreams like the most famous and richest Nigerian celebrity gossip blogger, Linda Ikeji who came from the Lagos ghetto of Mushin and now living her dreams in her own palatial mansion on Banana Island, off the foreshore of Ikoyi,, described as the most expensive residential neighbourhood in Nigeria by Forbes.
For "Omo Ghetto: The Saga", the saga has just begun!
- By Ekenyerengozi Michael Chima,
Publisher/Editor, NOLLYWOOD MIRROR®Series
247 Nigeria (@247nigeria) / Twitter https://mobile.twitter.com/247nigeria https://www.amazon.com/author/Ekenyerengozimichaelchima.
Monday, December 21, 2020
FORBES: The Best Children’s Books About Entrepreneurship For Kids
Eevi Jones, bestselling author.
The Best Children’s Books About Entrepreneurship For Kids
by Stephanie Burns
A lot of parents (myself included) are always looking for ways to expand our children’s mind - especially when it comes to entrepreneurship. If you are eager to teach your kids about being a business owner, there are a few books that stand out. I sat down with Eevi Jones, an award winning & bestselling children’s book author, and the founder of Children’s Book University™, to get her take on what makes a children’s book great for budding entrepreneurs.
From Forbes.
The Girl Who Never Made Mistakes by Gary Rubinstein (Author) Mark Pett (Author)
Description
Being Perfect Is Overrated
Beatrice Bottomwell has NEVER (not once!) made a mistake. She never forgets her math homework, she never wears mismatched socks, and she ALWAYS wins the yearly talent show at school. In fact, the entire town calls her The Girl Who Never Makes Mistakes! One day, the inevitable happens: Beatrice makes a huge mistake in front of everyone! But in the end, readers (and perfectionists) will realize that life is more fun when you enjoy everything--even the mistakes.
From the award-winning children's book author Mark Pett: The Girl Who Never Made Mistakes is the perfect find for parents looking for teacher gifts or award winning children's books for their own collections. This book teaches growth mindset in a fun way, in the spirit of Your Fantastic Elastic Brain and Beautiful Oops. Like the little heroes in Rosie Revere Engineer, Most Magnificent Thing, and The Day the Crayons Quit, little Beatrice Bottomwell is an inspiration for kids who dream big.
Praise for The Girl Who Never Made Mistakes:
"Beatrice offers a lesson we could all benefit from: learn from your mistakes, let go, laugh, and enjoy the ride." --Jennifer Fosberry, New York Times bestselling author of My Name Is Not Isabella
"This funny and heartfelt book conveys a powerful message about how putting too much pressure on yourself to be perfect can suck the joy out of everything. Beatrice's discovery that you can laugh off even a very public mistake shows the importance of resiliency and helps perfectionist kids keep things in perspective. Most importantly, Beatrice reminds the reader that it's more important to enjoy the things that you do than worry about doing them perfectly." --A Mighty Girl
Saturday, April 3, 2010
Do You Know that You Pay More Tax than General Electric?
Do you know that you pay more to the IRS than General Electric?
This is the revelation made by Forbes on April 1, 2010, and it was not meant to spin you on April Fools' Day.
Read the following extract from the report.
How did this happen? It's complicated. GE's tax return is the largest the IRS deals with each year--some 24,000 pages if printed out. Its annual report filed with the Securities and Exchange Commission weighs in at more than 700 pages.
Inside you'll find that GE in effect consists of two divisions: General Electric Capital and everything else. The everything else--maker of engines, power plants, TV shows and the like--would have paid a 22% tax rate if it was a standalone company.
It's GE Capital that keeps the overall tax bill so low. Over the last two years, GE Capital has displayed an uncanny ability to lose lots of money in the U.S. (posting a $6.5 billion loss in 2009), and make lots of money overseas (a $4.3 billion gain). Not only do the U.S. losses balance out the overseas gains, but GE can defer taxes on that overseas income indefinitely. The timing of big deductions for depreciation in GE Capital's equipment leasing business also provides a tax benefit, as will loan losses left over from the credit crunch.
But it's the tax benefit of overseas operations that is the biggest reason why multinationals end up with lower tax rates than the rest of us. It only makes sense that multinationals "put costs in high-tax countries and profits in low-tax countries," says Scott Hodge, president of the Tax Foundation. Those low-tax countries are almost anywhere but the U.S. "When you add in state taxes, the U.S. has the highest tax burden among industrialized countries," says Hodge. In contrast, China's rate is just 25%; Ireland's is 12.5%.
Corporations are getting smarter, not just about doing more business in low-tax countries, but in moving their more valuable assets there as well. That means setting up overseas subsidiaries, then transferring to them ownership of long-lived, often intangible but highly profitable assets, like patents and software.
Continue reading.In Pictures: What The 25 Top U.S. Companies Pay In Taxes
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