Popular Nigerian singer Oniyide Azeez aka  Zinoleesky, has acquired a brand new house reportedly worth hundreds of millions in Lagos, Nigeria.

The news was broken by his label boss Naira Marley who shared a Update of the new crib while congratulating the young lad whom he called his “loyalist”.

Recall Zino had maintained relationship with Naira Marley despite him becoming persona non grata to many over his presumed involvement in the bullying and eventual death of former singer Mohbad.

While Naira Marley praised Zino, the singer replied that their status as the wealthy was still safe via the comment section.

Naira Marley wrote:

Happy Gday @zinoleesky and congrats on ur new house a the interior’s crazyyyyyy won’t lie.. more blessing my loyalist baba zendayah.. Marlians lawa…

And Zino replied:

Rich gang still rich

SEE Update below

Winners have emerged at the DealMakers AFRICA Annual Gala Awards held in Lagos.

At the event, notable company involved in mergers and acquisitions and their advisers in East Africa were awarded and recognized.

The awards ceremony, held at Ebony Life Place, also tracked the work carried out by the advisers in the mergers and acquisition and general corporate finance space during 2023.

The DealMakers AFRICA awards were judged based on certain criteria – the value of deals or transactions and, the number of them. Three of the awards categories were determined subjectively and done with considerable circumspection and they include the Deal of the Year, the Private Equity Deal of the Year and the Individual DealMaker of the Year.

Nominations were received from the advisory firms for these subjective awards – the DealMakers AFRICA’s team produces a shortlist, and an eventual winner decided based on the following criteria: Transformational elements, execution complexity, deal size and potential value creation. For the Individual DealMaker the deals worked on, the contribution made, the execution complexity and peer recognition are considered.

In the East Africa Deal of the Year category, DealMakers AFRICA shortlisted three deals and they include The East Africa Device Assembly Kenya Joint Venture, the disposal of James Finlay Kenya to Browns Investments and the disposal by Bamburi Cement and Cementia of Hima Cement (Uganda). At the end of it, The acquisition by Browns Investments of James Finlay Kenya was named Deal of the Year.

The deal will support the next growth phase of the company while at the same time benefiting the local community and contributing to the overall Kenyan economy. The advisory firms to the deal were Bowmans and Addleshaw Goddard.

In the category of Private Equity Deal of the Year (East Africa), DealMakers AFRICA shortlisted three deals and they include The exit by Maris and Nvision of a majority stake in Equator Energy to IBL Energy and STOA, the exit by Finnfund of its stake in Lake Turkana Wind Power to BlackRock and Ascent Capital Africa’s exit of its stake in Guardian Health. At the end of it, Ascent Capital Africa’s exit of its stake in Giardian Health emerged the winner of the category

During its six-year investment, Guardian Health scaled from a footprint of five stores to a chain of 19 stores in six districts. Its new shareholder boosted its largely underdeveloped online and telemedicine service. Advisers to the winning transaction were I&M Burbidge Capital, Clyde & Co and Bowmans.