Showbiz
Keystone Bank, Afreximbank, Others Promote African Creative Industry
Keystone Bank Limited has re-emphasised its commitment to the growth and development of the Africa’s creative industry as the lender recently partnered with the African Export-Import Bank (Afreximbank) and other multilateral agencies to host the maiden edition of the Creative Africa Exchange Weekend (CAX WKND) in Kigali, Rwanda.
According to the organizers, the Creative Africa Exchange Weekend is Africa’s first continental event dedicated to promoting exchange within the creative and cultural industry.
“CAX is a consolidated marketplace for the creative and cultural industry. It was developed as the catalyst that brings together the identified assets and resources within the creative industry’s ecosystem, enabled by cutting-edge technology to consolidate the resources that create a viable, monetizable and impactful African creative and cultural economy.
“CAX aims to facilitate investments into the industry through trade, industrialization and provision of critical infrastructure to support the transformation of Africa through mobilizing continental initiatives such as African Continental Free Trade Agreements,” it stated.
Commenting on the bank’s involvement, Keystone Bank executive director, Adeyemi Odusanya said: “There is a misconception of ‘mistrust’ between creative industry practitioners and the banking community, rather the issue is, both parties need to seek better understanding of their respective peculiarities.
“For instance, creative industry practitioners are concerned of the stringent conditions of accessing finances from banks, while the bankers intend to comply with their mandate of protecting depositors’ assets, provide optimum return on investment to investors as much as reducing their cost of risk.
“These concerns call for greater partnership/collaborations between both parties with putting together structures and platform that address the issues of intellectual properties, legal systems as well as the protection of the value chain framework for ease of advocacy and execution of common goals.
“In the motion industry, most finances are targeted at content development and production (which ideally should be financed by equity, while the real obstacles are the packaging, marketing and distribution stages which might require financing for the real heavy lifting for that business.
“Hence, focus should be on developing a platform (like physical/virtual room) and structure for knowledge sharing and collaboration.”
On its part, at the event, Afreximbank announced a $500 million support for the production and trade of African cultural and creative products over the next two years.
President of the bank, Prof. Benedict Oramah, told guests that the funds, which would build on what the bank was already doing, would be accessible as lines of credit to banks, direct financing to operators and as guarantees. He said the creative economy was increasingly recognized as a significant sector and meaningful contributor to Africa’s gross domestic product and that the cultural and creative industries catalysed economic growth by stering more inclusive, connected and collaborative societies.
Keystone Bank is a technology and service-driven commercial bank offering convenient and reliable solutions to its customers.
After days of anticipation, Flora and Aikou have been confirmed as this season’s Gambits after receiving the highest number of votes from viewers. This was revealed during Sunday’s live show, where host Ebuka Obi-Uchendu announced the pair as the viewers’ choices.
Introduced as a brand-new twist for Season 11, The Gambit guarantees two selected housemates a place in the House until the final day. Although they will participate in tasks and House activities throughout the season, they will not be eligible to compete for the grand prize.
Sunday’s live show also marked the end of the Ladies-versus-Gentlemen format that defined the opening weeks of the competition. With the teams officially dissolved, the housemates will now compete as individuals.
Biggie also unveiled this week’s wager task, Game On, challenging the housemates to define the identity of Season 11. Through a creative presentation incorporating elements such as a logo, slogan, song, artwork and props, the housemates have been tasked with capturing what they believe this edition of Big Brother Naija should stand for and how they want it to be remembered.
The excitement continues today with the second Head of House Challenge at 2:00 p.m., where housemates will once again battle for power in the House. This will be followed by this week’s nomination show at 7:00 p.m., when viewers will find out who will become the first set of housemates to face possible eviction.
With Flora and Aikou’s fate in the House secured till the last day and the housemates now playing as individuals, the stakes have never been higher as the battle for the grand prize gathers momentum.
Viewers can enjoy the 24/7 BBNaija Season 11 experience on DStv and GOtv, or stream every episode live on DStv Stream and GOtv Stream.
For more updates, visit Africa Magic’s Big Brother Naija page and follow #BBNaija on X (@bbnaija), Instagram (@bigbronaija) and Facebook (Big Brother Naija).
By Adedapo Adesanya
Former P-Square manager, Mr Jude Okoye, has dismissed fresh allegations by his younger brother, Peter Okoye, professionally known as Mr P, insisting he never diverted the group’s earnings.
His response comes after Mr P claimed that the proposed sale of the defunct group’s multi-billion Naira music catalogue collapsed due to financial irregularities, including disputes over royalty payments, backend records and access to the group’s digital assets.
The music executive described the allegations as “blatant lies” and “manipulative tactics,” arguing that the issues raised by Mr P had already been investigated by the Economic and Financial Crimes Commission (EFCC) and are currently before the Federal High Court in Lagos.
“So, what is he doing, coming out again now, if not to spill emotional blackmail, manipulate, and make me look like a bad person by dragging Paul into this?” he said.
Responding to allegations that he diverted royalty payments, Mr Okoye said the disputed funds were distributed based on instructions contained in a June 1, 2016, email from Arrow Kings and IROKO.
According to him, the correspondence directed that Mr P receive $12,891, while $25,782 meant for Jude and Paul be paid into the Nosa Entertainment account.
He argued that Mr P presented only part of the transaction publicly, creating the impression that he and Paul had appropriated funds belonging to the entire group.
Jude also rejected claims that his younger brother was excluded from the group’s bank accounts.
Displaying what he said were account mandate documents from FCMB, he maintained that Peter, Paul and himself were all authorised signatories to P-Square’s accounts, disputing claims made by Peter.
He further claimed the matter was addressed during court proceedings, where Peter allegedly acknowledged being a signatory after documentary evidence was presented.
Addressing the controversy surrounding the proposed catalogue sale, Jude denied withholding backend records or streaming data from potential investors.
He said Peter requested royalty statements and catalogue documents on October 16, 2022, after which he immediately contacted Lex Records.
According to him, the financial statements were forwarded the same day, while the backend logs were received six days later and sent to Peter without delay.
He therefore dismissed claims that it took more than three months to provide the documents, describing the allegation as false.
Jude maintained that the disputed royalty payments, email correspondence and supporting documents had already been reviewed during the EFCC investigation.
He claimed Peter and his legal representatives were shown the records during the probe and raised no objections at the time.
Accusing his younger brother of attempting to retry the matter on social media while the case remains before the court, Jude said the videos were intended to manipulate public opinion and drag Paul Okoye into the dispute.
Jude said he would leave the issues to be determined by the court, adding that Peter had failed to attend some recent court sittings, resulting in the matter being adjourned until September. He also claimed his bank accounts, passport and travel documents remain restricted because of the ongoing proceedings.
“If I’m found guilty, if they prove I took even one Kobo that wasn’t mine, let them send me to jail. I’m ready for that,” he said.
As of the time of filing this report, Peter had not publicly responded to Jude’s latest claims. The criminal proceedings remain pending before the Federal High Court in Lagos, where Jude has pleaded not guilty to the charges brought against him.
There aren’t many TV shows that can make you remember characters more than a decade after you first met them.
Mention Sheila Gardia or Freddy Ade-Williams and anyone who has followed Tinsel instantly remembers the boardroom battles, unexpected betrayals, complicated romances and family feuds that made it impossible to stop at just one episode. Through every season, viewers have watched alliances shift, businesses rise and fall, and relationships survive or crumble under pressure.
Now, the story continues.
Season 19 of Tinsel premieres on Monday, August 3, taking viewers back into the world of the Ade-Williams family, where the drama is far from over. This season, the Reel Group is looking to grow bigger than ever, but that growth comes with new enemies determined to bring the company down. As business rivalries heat up and people begin plotting against each other, familiar faces will also have to deal with personal challenges and unexpected investigations that could change everything. If there’s one thing Tinsel has always proven, it’s that just when you think things are finally settling down, another twist is around the corner.
The new season welcomes back familiar faces including Ireti Doyle as Sheila Gardia, Dozie Onyiriuka as Freddy Ade-Williams, Linda Ejiofor as Bimpe, Ibrahim Suleiman as Damini, Iyke Okechukwu as Chuks and Florence Uwaleke Okechukwu as Ene, alongside the gripping storytelling that has kept audiences invested for nearly two decades.
Catch new episodes of Tinsel every weekday from Monday, August 3, at 7:30 pm WAT on Africa Magic Showcase (DStv Channel 151 and GOtv Channel 8).
And just when you think the drama is over…
Africa Magic is also introducing a brand-new story that asks one simple question: What happens when the truth you’ve been protected from is finally revealed? Premiering on the same day is Secret Lives, a brand-new drama that explores what happens when hidden truths finally come to light.
The series follows Zee, whose life takes an unexpected turn after a shocking discovery puts her relationship and future in doubt. As she begins to uncover secrets that have been hidden from her for years, she is forced to deal with heartbreak, betrayal and difficult choices while trying to protect the people she loves.
Blending romance, family drama and suspense, Secret Lives stars Oluchi Amajuoyi, Keppy Ekpeyong, Nonso Odogwu, Eyiyemi Olivia Rogbinyin, Ejiro Badare, Floyd Igbo and Favour Etim in a story where every episode promises fresh twists and emotional turns.
The series, produced by FEEMO and helmed by AMVCA-nominated showrunner James Omokwe, explores themes of love, identity and generational secrets, making it the perfect follow-up for viewers who enjoy emotionally layered dramas.
Secret Lives premieres on Monday, August 3, with new episodes airing weekdays at 8:30 pm WAT on Africa Magic Showcase (DStv Channel 151 and GOtv Channel 8), with episodes also available on DStv Stream.
Whether you’re returning to the familiar world of Tinsel or diving into the mysteries of Secret Lives, one thing is certain: August is bringing the kind of stories that will keep you counting down to the next episode.
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