HRM EZE EDWARD EULE (ONYENWEALI X), HAS DISMISSED CLAIMS BY SOME OF HIS SUBJECTS THAT HE ABANDONED HIS THRONE FOLLOWING HIS TEMPORARY ABSENCE FROM THE COMMUNITY.(PHOTO).

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 The Traditional Ruler of Azumini Ndoki Ancient Kingdom in Ukwa East LGA, Abia State, HRM Eze Edward Eule (Onyenweali X), has dismissed claims by some of his subjects that he abandoned his throne following his temporary absence from the community. This is as six suspects have been arrested by the police in connection with the stealing of the community’s electricity transformer, thus plunging the community into darkness. The monarch, who is currently in the U.S, explained that his trip was to attend to personal and professional matters, adding that he will soon return to Nigeria. "I travelled to the United States of America in May 2025 to attend to some professional and personal matters. I am robustly healthy and fine, and I may soon conclude the task of my sojourn here", he said. Prof. Eule accused individuals he described as "mischief-makers operating under the guise of an Interim Ruling Council" of peddling falsehoods and propaganda about his alleged abdication. ...
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LVMH CONSIDERING SALE OF 50% STAKE IN RIHANNA-BACKED FENTY BEAUTY, SOURCES SAY. (PHOTO).

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 LVMH considering sale of 50% stake in Rihanna-backed Fenty Beauty, sources say

Luxury conglomerate LVMH is reportedly considering selling its 50% stake in Fenty Beauty, the cosmetics brand co-owned with Grammy-winning singer and entrepreneur Rihanna. The company is said to be working with investment bank Evercore on the potential transaction, according to sources familiar with the matter.

Fenty Beauty, launched by Rihanna in 2017 with the support of LVMH’s beauty incubator Kendo Brands, has become known for its inclusive range of products catering to diverse skin tones. The brand generated roughly $450 million in net sales in 2024 and could be valued between $1 billion and $2 billion, according to sources. Rihanna, who also owns lingerie brand Savage X Fenty, has built Fenty Beauty into a global presence with products sold in stores like Sephora and online platforms such as Amazon.


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