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Alakija’s Son Spends N2Bn to Marry Iranian

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Folarin Alakija, whose mum is Nigerian billionaire oil tycoon Folorunsho Alakija, spared no expense on his opulent nuptials to Iranian beauty Nazanin Jafarian Ghaissarifar

Folarin, who is one of Alakija’s four sons reportedly forked out a princely £5million (pounds), about N2billion for the extravagant bash at Blenheim Palace in Oxfordshire over the weekend,

The father-of-one, who is in his late 30s and lost his first wife to cancer, tied the knot to his stunning wife in front of friends, family and celebrities, including Victoria’s Secret Angel, Shanina Shaik.

While Folarin makes his money as an entrepreneur, investor and cinematographer, it’s his mother who has an estimated fortune of $2.1 billion.

Forbes rank her as the 14th richest person in Africa but the richest woman in the country.

She is number 80 on its global Power Women list and overtook Oprah Winfrey as the richest woman of African descent in the world in 2014.

It is thought the family flew hundreds of close friends and family members over from Nigeria, who were no doubt put up in the lavish hotel for the weekend.

The Woodstock venue, which is the ancestral home of Sir Winston Churchill, was kitted out with one million white roses, a lavish cake decorated with hundreds of ornate white roses and even hosted pop star Robin Thicke at an estimated cost of £150,000.

Wedding planners believe the venue hire was exclusively hired at a cost of £150,000 with the bespoke marquee and bespoke marble floor with their initials etched in gold costing around £200,000 on top.

According to the venue’s website, the cost of hiring the whole venue is on application but hiring just the palace and state rooms costs £33,000. Searcys are the approved caterer for the Orangery at Blenheim palace and three course meals start at £52 per head – excluding alcohol – but it’s believed they had a much more expensive bespoke package.

Guests dined on deliciously lavish food, such as barley wafers with cheddar custard and chive yoghurt dip, crispy duck egg and Wiltshire truffle.

The breathtaking flowers were the work of Jeff Leatham, who is known for his elaborate decorating of the Kardashian’s homes.

Bringing over 30 staff members to the UK for the ceremony, Jeff adorned every inch of the venue with copious amounts of roses and white orchids.

Jeff, who can command up to £250,000 for flowers, has worked for Madonna, Oprah and Tina Turner.

He was also the man behind the flowers at Eva Longoria and Tony Parker’s wedding. Guests were also treated to a surprise performance from Blurred Lines singer Robin Thicke, who reportedly costs around £150,000 to hire and would have been flown over from the US, as well as a magnificent firework display in the hotel grounds later in the evening.

Folarin’s new wife, who once dated Rob Kardashian, studied Bioengineering and Biomedical Engineering at the University of Manchester, has a graduate Diploma in Law and has also worked as a model and marketing consultant.


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CWG Board of Directors Approves 400% Increase in Dividend Payout

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CWG Plc has announced a significant milestone in its commitment to delivering value to shareholders. Following a thorough review of the company’s financial performance and outlook, the Board of Directors has approved a substantial increase of 400per cent in dividend payout to shareholders.

This decision reflects CWG’s confidence in its financial stability, growth trajectory, and ability to generate sustainable returns. By enhancing the dividend payout, CWG aims to reward shareholders for their continued trust and support while reaffirming its commitment to creating long-term value.

Mr. Philip Obioha, Chairman of the Board of Directors at CWG Plc, said, “The decision to approve a 400% increase in dividend payout underscores our confidence in CWG’s performance and outlook. We are dedicated to delivering value to our shareholders and believe that this significant dividend increase is a testament to our commitment to shareholder value creation.”

This increase in dividend payout aligns with CWG’s strategic objectives to prioritize shareholder interests and maintain strong financial discipline. The Board remains committed to prudent financial management and sustainable growth, ensuring that CWG continues to be a reliable investment for shareholders.

As CWG continues to execute its growth strategy and expand its presence in the market, the Board anticipates that the increased dividend payout will further strengthen investor confidence and support CWG’s vision for the future.


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Prof. Aliyu, AI Practitioner to Keynote ABoICT 2024

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CommunicationsWeek Media Limited, a certified global ICT company with over two million online subscribers, is delighted and proud to announce Prof. Yakub Aliyu, as the keynote speaker at Africa’s Beacon of ICT Merit and Leadership Distinguished Lecture series 2024.

 

Aliyu, will be speaking on the theme: Artificial Intelligence (AI): The Good, The Complex and The Anticipated”, this leans heavily on the fact that AI changing our lives– we just need to know where to look today.

This year’s rebranded Africa’s Beacon of ICT Merit and Leadership Distinguished Lecture/Awards Series is slated for Saturday, May 25, 2024 at the Four Points by Sheraton, Lagos.

The event is the most prestigious annual event that brings together captains of industry in both technology and financial worlds.

According to Ken Nwogbo, CEO, Communication Week Media Ltd, organisers of the ABoICT Distinguished Lecture/Awards Series, “the choice of Prof. Yakub Aliyu is deliberate because of his exceptional career in Artificial Intelligence (AI)”.

He added that, AI is considered to have the potential to instigate a fourth industrial revolution,1 and is dramatically changing people’s patterns of interaction and economic activities.

“The traditional factors of production and physical capital and labour may no longer promote substantial economic growth. It is generally believed that AI will be one of the most important factors determining future economic growth,” he said.

A professor of microelectronics and a scholar-practitioner in artificial intelligence and deep machine learning for industrial applications and high-speed application processors. His research interests include Multimodal AI models for high-efficiency industrial robot applications and Human AI interactions.

He also has adjunct academic professorships at five African, USA, and UK universities. Holds a BS in Applied Physics Electronics from Karlsruhe and A Bello Universities in Germany and Nigeria, an MBA in International Business Management from the University of London, an MSEE (Master of Engineering, Electronics), and a Ph.D. in Electronics Engineering from the University of Wales.

Prof. Aliyu is the global quality director for Bourns Inc., Riverside, California, USA, an electronics system, and components manufacturer. I oversee quality functions in 21 factories worldwide.

He has also held quality and operational management leadership positions at National Semiconductors, Bell Labs-Lucent Technology, Texas Instrument, Global Foundries, and Roper Technologies USA.

Authored and coauthored over 30 Advanced Technology United States-issued patents in High-Speed Application Processors and Contributed to over 40 international impact Journals, chapters, and conferences; FASI, SMIEEE USA, MIEE UK, M. Inst pf Physics Chartered Phys and C Eng UK.

Past lecturers included Dr. Ernest Ndukwe, then executive vice chairman, Nigeria Communications Commission (NCC); Engr. Yomi Bolarinwa, former Director-General of National Broadcasting Commission (NBC); Dr. Jean Luc Fort, CEO at OR System France and a specialist in Counterparty Risk; and Professor Chris Nwagboso, Chairman, Knowledge Factory International, United Kingdom.

Others are: Uche Orji, managing director/chief executive officer, Nigeria Sovereign Investment Authority (NSIA); Biodu Omoniyi, Managing Director/CEO, VDT Communications; Ayotunde Coker, Managing Director, Rack Centre Limited; Peter Adedayo Arogundade, managing director and chief executive officer, Sidmach Technologies Nigeria Limited; Dr. Adewale Obadare, chief visionary officer, Digital Encode and John Obaro, CEO and founder of Systemspecs; Prof. Isa Pantanmi, minister of Communications and Digital Economy; Dr. Seyi Akindeind, co-founder, Digital Encode; Dr Krishnan Ranganath, Regional Director, Africa Data Centres.


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Legit.ng, Shade of Life Foundation Partner to Advance Autism Awareness in Nigeria

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Legit.ng recently joined forces with the Shade of Life Foundation to become a voice of autism, and drive advocacy for improved media support during Autism Awareness Month.

Legit.ng, Shade of Life Foundation Partner to Advance Autism Awareness in Nigeria

Participants at the event

Conversations around media support exploration was led by Joseph Omotayo, head of Department for Human Interest Stories at Legit.ng, and Dr. Eziafakaku Nwokolo, founder and CEO of the Shade of Life Foundation,

This partnership is a response to the concerns raised by organizations like the Shade of Life Foundation about the level of support received from the media in discussing autism as a disability.

While other disabilities may receive attention, autism, with its critical developmental implications often lacks adequate representation in mainstream media.

Recognizing the importance of addressing these concerns, Legit.ng took proactive steps by integrating itself into the essence of autism awareness.

It facilitated a one-hour workshop with Dr. Nwokolo, the founder of the foundation, to deepen our understanding of autism, its various spectrums, and the language boundaries associated with it.

Other steps we took in advocating autism awareness in the media, can be seen in our attached press release.

Legit.ng believes that by amplifying the voices of autism and advocating for better media representation, we can contribute to creating a more inclusive and accepting society for all.

 

 

 

 

 

 

 

 

 


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