Media personality, Toke Makinwa has allegedly lost her Banana Island house to Asset Management Corporation of Nigeria (AMCON).
According Gistmerchant blog on Instagram, Toke Makinwa aquired the house, all thanks to her “sugar daddy,” Dr. Festus Fadeyi, who is a Lagos-based oil and gas merchant.
However, life played a fast one as he was unable to pay up his debts to AMCON which rose to a total of over N240 billion.
Due to his inability to pay, earlier this month, AMCON took possession of Fadeyi’s Pan Ocean Oil Corporation Nigeria Limited, its affiliate companies and other properties, over an unpaid N240 billion loan debt.
Recall that about a month ago, Toke revealed that she bought her dream house (the Banana Island house), at the age of 35.
Recall that in 2017, billionaire Fadeyi’s children warned Toke to leave their father alone. They were angry with the way he splurges on her.
They also believed he was squandering too much money on her even though he is heavily indebted to Skye Bank.
Nathaniel Bassey has announced that the online praise and prayer event, Hallelujah Challenge, will start on Monday, February 10, and… Read More
An unidentified woman confronted her ex-boyfriend for abandoning their relationship after unexpectedly meeting him on a love show. She met… Read More
A Nigerian woman was caught performing rituals in her neighbor's shop at night, causing online reactions. An eyewitness shared a… Read More
Verydarkman responded to relationship blogger Solomon Buchi. This came after Solomon spoke about the situation involving gospel singer Mercy Chinwo-Blessed… Read More
Nollywood star Omotola Jalade Ekeinde is celebrating her 47th birthday today. The actress shared a stunning photo on her Instagram… Read More
Well-known influencer Demure, has said that social media can be either great or terrible, based on how people use it.… Read More
This website uses cookies.