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We are planning to establish Int’l movie studio in Nigeria—BoI boss

Speaking further, Mr. Rasheed said, while the bank is still working towards actualizing the community cinema project to boost film distribution in the country, BoI is also planning to support the establishments of international quality movie studios in Nigeria. “At the bank of industry, we have decided that Nollywood should be supported and very strongly for us to move to the next level. When we introduced the fund, we have three objectives, one to ensure that people like Kunle who have shown that quality and helped in elevating African films to international standard, and secondly, we ensure we can support the movie distribution in a different paradigm.”

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Oba Obateru takes delight on waters

If you refer to Oba Federick Akinruntan as the richest monarch in Nigeria, you may not be far from the truth. Respected international magazine, FORBES has even supported the claim by listing The Olugbo of Ugbo Kingdom, a reverine area in Ondo state as one of the five richest kings in Africa; that Oba Akinruntan is said to worth over $300million is also not in doubt.

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