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Why Music Star, ‘Mr Eazi’ is investing in Rwanda

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Indications have emerged why popular music star, Oluwatosin Ajibada, popularly known as Mr Eazi, chose Rwanda as the next investment destination for his businesses.

Eazi made the disclosure in a statement made available to newsmen on Thursday in Lagos.

According to him, Rwanda is fast turning into a preferred location for technology and innovation through a combination of visionary leadership and investment in infrastructure.

He said that the Rwandan Government had shown a high level of commitment to entrepreneurs and innovators.

“I am impressed by the processes in Rwanda and encouraged by the ease of doing business.

“The regulatory efficiency and support from the Rwanda Development Board, Ministry of Trade, Kigali International Finance Center, and other regulatory bodies has enabled us to kick off operations in the country in less than a year from the incorporation stage,” Eazi said.

The music star had invested in the fintech sector through PawaPay, a U.K.-based and Africa-focused payments company backed by his venture capital fund, Zagadat Capital.

“In August, Zagadat invested in PawaPay through its seed funding round.

“With 10 million transactions per week totaling 257.4 million transactions worth $1.2 billion, recorded in 2021, PawaPay is positioned as an industry leader in high volume mobile money payments on the continent.

“Pawapay, which previously launched in Zambia, Cameroon, Kenya, Tanzania, Uganda and Ghana, is now fully operational and live in Rwanda after fulfilling all regulatory requirements,” he said.

The statement noted that Eazi’s investment across the continent was setting the young entrepreneur on a path to changing the narrative and defining “The New Africa.”

The music icon also recently announced the official unveiling of his sports betting and gaming Franchise, BetPawa.(NAN)

Entertainment/Arts/Culture

Court Awards N125, 000 Cost against Odumodublvck

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An Abuja High Court on Wednesday awarded N125, 000 against a rapper, Tochukwu Ojogwu, popularly known as “Odumodublvck”, for asking for adjournment.

Justice J.O.E. Adeyemi-Ajayi awarded the cost while adjourning the matter until Oct.

27 for cross-examination and defence.

The claimant, Ogbogiri Okey Levi, popularly known as Kraziecent, instituted an assault and battery suit against Odumodublvck.

At the resumed hearing, the claimant’s counsel, Uchenna Ojembe, announced his appearance and told the court that the matter was slated for cross-examination and defence.

Ojembe said his witness was in court and ready to proceed.

The Defendant’s Counsel, Ikenna Magnus, however pleaded with the court to grant him another date to enable him prepare for cross-examination and defence.

Magnus told the court that he was just coming into the matter and needed a little time to put his house in order.

Ojembe opposed the application and told the court that it was the usual delay tactic by the defence to obstruct and stall proceedings.

“This is the usual delay tactic to obstruct and stall proceedings. We will not be applying to keep them out, but we will be applying for N5 million cost,” Ojembe said.

However, the defence counsel again begged the court for leniency.

In her ruling, Justice J.O E. Adeyemi-Ajayi awarded a cost of N125, 000 against the Odumodublvck for delaying proceedings

She adjourned the matter until Oct. 27 and Oct. 29 for cross-examination and defence.

The News Agency Nigeria recalls that “Kraziecent” alleged that Odumodublvck assaulted him at a public event in December 2024, damaged his iPhone 15 Pro Max and caused him emotional distress.

He is seeking payment of medical expenses, a public apology via the defendant’s social media platforms and two national dailies, or N2 billion in damages.

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Hunger Changed My Mind, Timini Egbuson on Embracing YouTube movies

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Nollywood actor Timini Egbuson has reflected on his changing perception of YouTube movies, joking that he might have struggled financially had he continued to look down on productions made for the video-sharing platform.

Egbuson shared the thought in a post on X Tuesday night, writing, and “Can’t believe I was looking down on YouTube movies at some point.

Hunger go don kpai me by now.
”

His remark highlights the growing commercial appeal of YouTube movies in Nigeria’s entertainment industry, where actors and filmmakers are increasingly using the platform to reach audiences and generate revenue from their productions.

Egbuson, who has now featured in YouTube movie productions, has embraced the growing market, adding to his work across Nollywood’s film and streaming landscape.

Many Nollywood actors have long prioritised cinema movies, often seeing them as more prestigious and commercially rewarding than YouTube productions. As a result, some overlook online films, despite their growing audiences and earning potential.

However, the success of YouTube movies is gradually changing perceptions within the industry.

Reports show that Nigerian filmmakers were increasingly turning to YouTube amid the pullback by global streaming companies, with the platform offering easier access to audiences and fewer barriers to distribution.

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BBNaija Season 11: Keivo Becomes Second Housemate to be Disqualified

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Keivo has become the second Big Brother Naija housemate to be disqualified from Season 11.

This follows his physical altercation with fellow housemate, Tram.

The fight broke out after Tram accused Keivo of taking one of his shirts.

Keivo did not take the allegation of theft lightly, and the situation eventually became violent.

It took the intervention of other housemates to calm both men down.

On Tuesday, Biggie sent ninjas to escort Keivo out of the house through the storeroom.

Biggie eventually gathered the remaining contestants and confirmed Keivo’s disqualification.

Nomy was the first housemate to be disqualified due to repeated defiance and refusal to wear an assigned punishment outfit.

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