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Risikat Adeniyi Adegeye, the wife of ace music legend King Sunny Ade is currently embroiled in a legal battle over a N45.4 million debt, being the alleged outstanding amount due on a loan facility advanced to her by Sterling Bank in 2008.

According to a report by The Lagos Times , she is in court to contest an order granted the Asset Management Company of Nigeria ( AMCON) to take temporary possession of the property which was used as collateral to secure the loan. Through her lawyers she is claiming that the ex parte application filed by AMCON and the subsequent court judgement were obtained without recourse to due process.

According to the court papers, she had sometime in 2008 secured a loan facility of N23 million from Sterling Bank which she augmented with her own funds to purchase a property valued at N33 million. The property located at Plot A2, House 3, Adonai Tekts Estate, Central Business District, Alausa Ikeja was duly bought and also served as guarantee for the loan.

In a sworn affidavit presented to the court by George Fola Adeniyi, one of Madam Risikat’s children, she averred that she had been dutifully servicing the loan since inception and had even asked her bank manager to furnish her with her loan statement of account to enable her ascertain and liquidate the balance of her loan repayment.

The plaintiff claimed that the bank never provided her with the statement, instead unilaterally passing off her debt to AMCON in 2011. She also claimed that AMCON has since then been imposing unilateral and extortionate interest on the loan balance without carrying her along. Moreover, she contended, she was not served notice when the organization filed an exparte application to take over the mortgaged property.

She therefore prayed the honourable court to set aside the February 22nd 2018 ruling which granted temporary possession of the house in contention.

BIG STORY

Wizkid, Tiwa Savage, Others Nominated For 2022 NAACP Award

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Nigerian music stars, Wizkid, Fireboy, Tiwa Savage, Kidi, and Omah Lay were on Tuesday night nominated for the NAACP Image Awards in the Outstanding International Song category, organized by the National Association for Advancement of Coloured People (NAACP).

Wizkid received a nomination for his song “Essence,” which features Tems and Justin Bieber, and Fireboy DML received a nomination for his smash song “Peru.”

Tiwa Savage was nominated for her song “Somebody’s Son,” which features Brandy, while Kidi and Omah Lay were nominated for their songs “Touch it” and “Understand,” respectively.

The 53rd NAACP Image Awards honor exceptional achievements and performances by persons of color in film, television, streaming, music, literature, and podcasts across more than 80 categories.

The 2022 NAACP Image Awards were announced Tuesday in a virtual event on NAACP’s Instagram channel, hosted by actress Kyla Pratt, Black-ish actor, Marcus Scribner, and singer Tinashe.

The winners will be announced during the two-hour live television special, which will be hosted by seven-time NAACP Image Awards winner, Anthony Anderson, airing on Saturday, Feb. 26, 2022, at 8:00 PM ET/PT on BET.

Netflix leads nominations across motion picture and television plus streaming categories while  Insecure received the most nominations in the television plus streaming categories.

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ENTERTAINMENT

CKay’s Hit Track ‘Love Nwantiti’ Gets Certified Gold In The US

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On January 10, 2022, the worldwide popular song ‘Love Nwantiti’ by Nigerian musician CKay was certified Gold in the United States. This happened after the album was declared Gold in the United Kingdom and France.

In 2020, the record surpassed chart streams all over the world, topping key charts. This made history, establishing CKay as Africa’s most popular musician on Spotify. In the United States, such prestigious movements as obtaining the Gold Plaque occur when an album sells the equivalent of 500,000 copies through streaming and raw CD sales.

The hit tune “Love Nwantiti” was first published by Chocolate City in 2019, but a year later, a remix featuring Joeboy and Kwami Eugene was released, and it quickly became a hit.

The original version of the hit song ‘Love Nwantiti,’ not the remix, made ripples in the United States, earning him the Gold Plaque.

“When I came here, I had a master plan,” he remarked of his road to the limelight when he arrived in Lagos in 2014. I had the ability to both produce and write. He continues, “At one point, that was all I had to offer.” He had to develop and write for a long before publishing his own tracks, which brought him to Chocolate City and then Warner Music in 2020.

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ENTERTAINMENT

I Was Born To Be An Actress, Says Canada-Based Yetunde Adeyemi

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Yetunde Adeyemi is a Canada-based actress and movie producer.

She is also a beautician who makes other ladies look beautiful.

This stunning beauty is into make-up and Hair.

She spoke to Citypeople Magazine a few days back about her success story.

Below are excerpts.

Please introduce yourself to us and what you do for a living

My name is Yetunde Adeyemi “CEO” yetibae.beautymakeup

I was born to be an Actress

Am a beautician (eyebrow tech, makeup artist, hairstylist, and so on…)

How did acting start for you?

Felt like I was born with it … I started in my primary school … at the age of 12yrs whereby the school had to take us from one province to another to perform on stage …and I always felt awesome about entertaining people…

How long have you been acting?

Been into movie production since 2006 …15yrs

How challenging has it been sustaining your interest in acting abroad?

As an international producer, we struggle to get the development funding and also the cinema distributor, which is still healthy but different somehow …

Where were you born? Where did you grow up? Which schools did you attend?

I was born in Lagos, grew up in Lagos, spent my adult age in Abuja …

I attended a couple of primary schools…(federal government college ijanikin), I finished from a private school (Tedoa nursery school)

For my Secondary school, I attended Iludun Oro comprehensive high school in Kwara State …

I attended the University of Abuja.

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