ENTERTAINMENT

Nigerian Music Industry Gets Major Boost With New 12,000 Capacity Arena

Published

6 months ago

February 26, 2024

Nigerian Entertainment Industry Gets Major Boost | Fab.ng

For years, the Nigerian music industry has called for a world-class venue capable of hosting major concerts and festivals. This dream is finally coming true, as Lagos State, known as the “African entertainment capital” and the birthplace of Afrobeats, will be getting its first-ever facility of this calibre.

Construction has officially begun on a 12,000-seat arena, backed by industry giants Live Nation and Oak View Group (OVG). This project is a collaborative effort between Live Nation, OVG, the Persianas Group, and the Nigerian Sovereign Investment Authority (NSIA). Lagos State Governor, Mr. Babajide Sanwoolu, attended the groundbreaking ceremony held on February 24, 2024.

The consortium leading the project includes Tayo Amusan, chairman of the Persianas Group, representatives from NSIA, Live Nation, and OVG; Yinka Folawiyo (chairman of the Yinka Folawiyo Group); and Nigerian investment firms Adino Capital and MBO Capital. The total investment for the arena is expected to exceed $100 million, with construction slated for completion in December 2025.

This state-of-the-art venue aims to host a diverse range of events throughout the year, with an estimated capacity of 200 events annually. This includes major sporting events like UFC, WWE, boxing, and basketball, alongside music concerts, festivals, and prestigious award ceremonies.

“Nigerian artists are some of the most influential in the world right now and yet they have nowhere to play in their home market,” said Tim Leiweke, chairman and chief executive of OVG. “We want to change that. This consortium, headed by Tayo Amusan, has shown enormous tenacity and entrepreneurial spirit in getting this project off the ground and we are proud to be their partner,” he added.

Oak View Group, a company that builds big arenas like the ones in Seattle and New York, is helping build a new one in Lagos, Nigeria. This is great news for Afrobeats fans and the music industry there, who have been wanting a world-class venue for a long time. The new arena will be able to hold concerts, festivals, and other events.

Get more movie updates here.

Related Topics:News Nigerian Entertainment

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ENTERTAINMENT

D’banj Is The Only Nigerian Man That Has Given Me Free Money – Toke Makinwa Reveals

Published

1 day ago

September 6, 2024

Reporter

Toke Makinwa says D'banj gave her free money | fab.ng

Nigerian media personality Toke Makinwa has shared a heartwarming story about her encounter with singer D’banj. She revealed that he is the only Nigerian man who has given her money without asking for anything in return.

A viral video on social media captured a recent interaction between Toke Makinwa and D’banj. She recounted his generous act during a time before her fame. This selfless gesture left a lasting impression on Makinwa.

“I was at a party one time and someone said this is D’banj and I was like, ‘Hi,’ and he goes, ‘I’m going to be the biggest thing out of Africa.’ That’s the kind of confidence this nigga had,” she recalled.

Makinwa recounted how D’banj pledged to give her a substantial sum of ₦10 million. Then, she emphasized that this he followed through on the commitment completely. She noted that the donor carried out this act of generosity without any expectation of receiving anything in return from her.

She said, “Then I was in banking and he entertained us all night. Then, many years later, I started my career and I wrote a book, He came to my book launch and pledged 10 million naira. He paid it the next morning and never asked for anything in return.”

“He is the only Nigerian man I know who has given me free money and didn’t ask, ‘What are you doing later?’ Or can I call you later?’ He is the only Nigerian man! Gave me 10 fucking million naira and this was many years ago. I fuck with him!” she concluded, praising him.

“D’banj gave me N10million at my book launch and he never asked for anything in return. The only Nigerian man I know that has given me free money.”

– Toke Makinwa pic.twitter.com/pPPU4xtOBz

— OLAMIDE 🌸💖 (@Olamide0fficial) September 5, 2024

The singer, chuckling as he spoke, admitted that he had made the generous donation so many years ago that the memory of the act had completely faded from his mind.

Check out more entetainment news updates here.

ENTERTAINMENT

When Young Girls Sit Down And Daydream About Getting Married, I Never Did – Nancy Isime

Published

2 days ago

September 5, 2024

Reporter

Nancy Isime says she never daydreams about marriage | fab.ng

Nigerian actress Nancy Isime has shared her views on marriage, revealing that, unlike many young girls who dream of their weddings, she is prioritizing her career and financial independence.

The actress appeared on the Creativitea Live with Lynda podcast for a recent interview. During this interview, she discussed her aspirations. Isime centred these aspirations around work and money. She did not focus on marriage as an aspiration.

She said,

“I’ve always seen myself working. I say this to a few people but when young girls sit down and daydream about getting married, I never did.

“I used to daydream about working and making my own money and being independent; I fear that I might not even have my dream wedding because what is a dream wedding? Even if I get married, it will just be a wedding that we both agree at the same time is how we feel and where we are at. If it’s a big wedding, fine, if it’s a small wedding, whatever we feel.” Isime added.

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A post shared by Live with Lynda (@livewithlynda)

Nancy Isime stressed a point about her current stance.

She traced this stance back to her childhood and upbringing. During those times, her family did not always have money.

She explained,

“I’ve always been that child that always saw myself having my own money. Maybe because I came from a humble background where asking for anything was almost taboo. You’re supposed to know that there is no money, so don’t ask but if we give you, take. I used to be like, ‘I can’t wait to have my own money and do my own thing.”

Isime stressed two priorities. First, she wants to make her own money. Second, she aims to provide her ideal lifestyle for herself.

She concluded, “That’s why I’m such a believer in spending on myself; I spend on myself so much that nobody can take the position of ‘if not me, you won’t have this life.'”

Watch the full interview below.

Check out more updates here.

ENTERTAINMENT

Iyabo Ojo Celebrates Lover’s Daughter As She Gives Birth

Published

2 days ago

September 5, 2024

Reporter

Iyabo Ojo Celebrates Lover's Daughter As She Gives Birth | fab.ng

Iyabo Ojo, a Nollywood actress, celebrates joyfully as she welcomes her first grandchild. Taking to social media on September 4th, 2024, Iyabo Ojo expressed her excitement for her lover, Paul Okoye‘s daughter, Vanessa Okoye, who has just welcomed her first child.

She posted,

“Yay! I’m officially a grandmother! Congratulations, my darling @vanzyvanz. Welcome to motherhood, kisses to my darling baby! I can’t wait to see you and the baby. Sending lots of love and kisses, I’m so excited, Obimbimbim @pauloo2104, the latest grandpa congratulations. I love you both.”

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A post shared by Queen Mother (@iyaboojofespris)

Okoye responded to Ojo’s post, expressing his own excitement about becoming a new grandfather, “New Grandpa in town 😂😂🤪🙏🏾🙏🏾❤️❤️”

“Thank You Mama, ❤️🥹” Vanessa wrote.

Happy fans and followers flooded the comment section with congratulatory messages for the family on the birth of their new baby.

A follower wrote, “Congratulations to the Iyabo’s and Paulo’s families in general. I personally won’t get tired of congratulating people until it’s my turn.”

“I am so happy for you mama, this baby is going to live a healthy life forever, Amen,” another fan wrote.

Earlier that day, Vanessa shared the news of her daughter, Zariah Nwamaka Okoye’s birth, on Instagram.

Her caption read,

“My Beautiful Baby Girl has made me whole. My darling Daughter, you are the missing piece I never knew I needed, the missing beat in my heart. Today, a new chapter unfolds, a new journey begins, and I promise to pour my entire soul into nurturing, guiding, and loving you. You will be the sunshine that brightens every day, the calm in every storm, and the safe haven where love resides. I am forever changed, forever grateful, and forever in love with you, my sweet girl. Welcome to the world, my precious one.”