AY Makun, Ini Edo, other entertainers who have had failed businesses

AY Makun, Ini Edo, other entertainers who have had failed businesses

Doris Simeon The Nollywood actress who was once married to movie producer extraordinaire, Daniel Ademinokan once operated a hair salon which she ran

Ini Edo welcomes girl child via surrogacy
Ini Edo loses legal battle over ownership rights to Netflix movie, ‘Shanty Town’
Ini Edo floats fashion outfit, Secrets of April

Doris Simeon
The Nollywood actress who was once married to movie producer extraordinaire, Daniel Ademinokan once operated a hair salon which she ran alongside her acting gig. The salon called Davris Beauty Centre was located in Ogba, Lagos. Without notice, the actress decided to shut it down, packed her bags and relocated to the United States of America where she has been for two years now. While many were of the opinion that the salon was closed down due to low patronage, others felt her shutting it down and relocating was so she could be closer to David, her son with Daniel Ademinokan.


Genevieve Nnaji
Nollywood screen goddess, Genevieve Nnaji is one actress who has tried her hands in several business other than acting. From the real estate business to singing to making her directorial debut in ‘LionHeart’ to running a fashion business which she aptly named St Genevieve. The clothing line had an infusion of her personal style and was made up of mostly stylish dresses, trousers, tops, and skirts that one can wear to an array of events. The clothing line which she debuted in 2014 was repackaged and relaunched in partnership with Jumia, a consumer goods e-commerce retail platform, two years after. With the new partnership, the clothing line was to be sold exclusively on Jumia Fashion. Unfortunately, over four years after the relaunch, nothing has been heard about the fashion line and even Genevieve these days prefer to adorn clothes from other fashion designers, sourced by her long-time celebrity stylist, Veronica Odeka.

Genevieve

Ayo Makun
Hugely successful entertainment entrepreneur, Ayo Makun, more popularly known as AY attempted to diversify his investment portfolio by setting up a night club. The club, MVP lounge and restaurant which set him back by over N400m was at the time it was set up, in 2014 precisely, one of the largest clubbing facilities in Nigeria. Unfortunately, less than a year after the grand opening of the club which was located in Lekki Phase one, it had to be shut down. According to a very reliable source, very unlike the reason AY touted for why the club was closed down – to re-strategize, AY had a running battle with his landlord, the late Goke Omisore, the older brother of popular Osun politician, Iyiola Omisore. His landlord came up with all sort of impossible rules he wanted AY to abide by, coupled with the fact that the rent got jacked up despite the fact that the initial rent agreement was yet to run out. All of these and many more quickly prompted the comedian cum actor to shut down the business for good.
AY


Ini Edo
Sultry actress, Ini Edo equally tried to set up a night club which she did in 2015 and called it Mimz. It was a rooftop lounge as well as a guest house located in Lekki Phase one. Unfortunately, barely two years after it was opened for operations, it had to be closed due to what she referred to as poor management.


Yemi Alade
Popularly referred to as Mama Africa, Yemi Alade at a point thought to do something different from the music she is known for and decided to delve into the jewelry business. She partnered with an online jewelry retailer, Bland2Glam to unveil her own collection, ‘Yemi Alade Collection’ which is an exclusive range of exotic costume jewellery said to be inspired by her career and personality. Unfortunately, almost five years after its grand launch, nothing has been heard about it.
Yemi-Alade


Chika Ike
Besides being an author, a movie producer and business woman with tentacles spread in the real estate business, actress, Chika Ike at one time owned a jewelry store in the nation’s capital city, Abuja. But today, the Harvard alumni, prefers to deploy her energy into her real estate and the movie business.


Toyin Abraham
Just recently, the actress decided to shut down her barely four months old fertility business which according to her was due to some structural disagreements with her partners. The mother of one who had her son with second husband and colleague, Kolawole Ajeyemi, through a traditional herbal remedy after battling fertility issues, began the business to help other women battling with fertility issues, irregular menstrual flow, stop the early signs of menopause, painful menstruation etc. The product made with traditional roots and herbs with the help of experienced traditionalists was being sold for N65, 000.
Toyin Abraham