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Okonkwo’s Tetrazzini Floors Floyd Mayweather in US Court, Wins N4.2bn in Damages

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A US appellate court has upheld the ruling of a lower court ordering a former World Champion Floyd Mayweather Jr., to pay a Nigerian company – Zinni Media Concept Limited – the sum of N4.2 billion in damages over breach of contract and fraud.

The CEO of Zinni Media Ltd, Prince Donatus Okonkwo, owns Tetrazzini Group, a popular eatery in Nigeria.

The company’s media executive, Alex Nwankwo, said the appellate court found merit in the ruling of a lower court, which found Mayweather guilty of breach of contract agreement, expressing satisfaction of the organisation over the ruling.

The agreement with Zinni Media Concept Limited requires Mayweather to make different appearances in Africa, including Nigeria in June 2017.

He, however, failed to fulfill a duly entered agreement but instead, terminated it without cause and refused to reimburse advance payment made by the company for the service.

The CEO Zinni Media Ltd Prince Donatus Okonkwo, had only wanted reimbursement for the company’s deposits, but Mayweather and his initial set of legal representatives implied that because the company was not based in the United States, he could not make any refund, he noted.

“Feeling violated and robbed, Zinni Media Ltd had no option but to seek and retain legal assistance within the USA to address the breach of contract.

“After several unsuccessful attempts to recover the appearance fees from the American boxer, the company instituted a legal action against Mayweather in 2018 where it alleged breach of contract, unjust enrichment and fraud against the former champion. We are grateful that two courts have granted a prayer by Zinni Media Ltd to impose terminating sanctions against Mayweather,” he added.

On October 31, 2023, a lower court had ordered Mayweather to pay Zinni $1,638,542 in damages, $721,881.32 in prejudgment interest, $16,270 in sanctioned attorney fees, as well as $285 in costs.

Dissatisfied with the judgment, Mayweather however filed an appeal. On August 27, 2024, the California Court of Appeal upheld the ruling of the lower court.

The judgment was confirmed by court documents made available to journalists in Nigeria, dated August 27, 2024 and endorsed by Eva McClintock, Clerk of the Court of Appeals of the State of California.

The document is referenced (Second Appellate District, Case No. B334403; County Super. Ct. No. 19VECV00170). Okeke & Associates, PC., by Patrick I. Okeke, Esq., represented the Plaintiff and Appellant (Zinni), while the Defendant and Respondent (Mayweather) was represented by Eisner LLP, by Jeremiah Reynolds, Esq., and Benjamin Kassis, Esq.

The statement said despite the ruling of the court of appeal and finality on the case, Mayweather had still refused to pay the judgment money which continues to grow at 10% per annum.

In a bid to enforce the judgment, the court has gone ahead to instruct USA attorneys to target Mayweather’s 2015 Bugatti GSV or his 2015 Ferrari LaFerrari Aperta, both valued over the judgment amount, Zinni Media Ltd further stated in its release.

“We have already defeated Mayweather and his attorneys on numerous occasions during the proceedings so the enforcement of the judgment will be duly applied.

“Our forensic investigators have also uncovered a substantial number of Mayweather’s valued assets showing that he was very successful but clearly overstating his true net worth”, the statement added.

Prince Okonkwo, reacting to suggestions his lawyers could succeed in securing the Bugatti or Ferrari owned by Mayweather, said: “These are very fast cars, but no good roads to drive them in Nigeria”.

Prince Okonkwo a successful business mogul is a former Anambra governorship aspirant and currently the Honorary Counsel of the Democratic Republic of Congo to Nigeria.

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Personality in Focus

Just In: Emmanuel Nnorom Steps In As UBA Chairman As Tony Elumelu Retires

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By Eric Elezuo

Premier commercial bank, the United Bank of Africa (UBA) has announced the retirement of its chairman, Mr. Tony Elumelu after 12 years of meritorious service. The retirement notice will take effect from August 21, 2026.

The announcement was made on Monday after a meeting of the Board of Directors, according to a statement titled NOTIFICATION OF RETIREMENT OF GROUP CHAIRMAN OF UNITED BANK FOR AFRICA AND APPOINTMENT OF SUCCESSOR, and made available to Pointblank.ng.

Elumelu will be replaced by Non-Executive Director of the bank, Mr. Emmanuel N. Nnorom, chartered accountant with over forty years’ experience in banking, finance and audit.

Expressing his appreciation for the privilege of serving the bank for 12 years as Chairman, Elumelu noted: that “Serving United Bank for Africa has been one of the great privileges of my career. UBA has established a unique competitive position, across Africa and globally, and I leave the Board with great confidence in UBA’s future. Emmanuel Nnorom is a leader of integrity, experience and sound judgement, and I am confident that the Bank will continue to thrive under his leadership.”

In his acceptance speech, the incoming Chairman, Emmanuel Nnorom remarked that “I am honoured by the trust the Board has placed in me and deeply conscious of the legacy I inherit. I look forward to working with my colleagues on the Board, Management and our staff across all our markets to sustain UBA’s momentum and continue delivering long-term value to our shareholders, customers and stakeholders.”

The statement quoted the Board as placing on record “its profound appreciation to Mr. Elumelu for his visionary leadership and exceptional contribution to the strategic vision and institutional strength of the UBA Group.”

It added that “Mr. Elumelu’s tenure has been a defining chapter in the Group’s history. Under his stewardship, UBA was transformed into a pan African institution, operating in 20 African countries and 4 global financial centres and serving over 50 million customers.”

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Glo-sponsored African Voices Features Former CNN Anchor, Isha Sesay

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Accomplished journalist and former Cable News Network (CNN) International anchor, Isha Sesay, will this week return to the studios of the global news network, not as an interviewer, but as the subject of its celebrated 30-minute magazine programme, African Voices, sponsored by telecommunications giant, Globacom.

The episode will shine a spotlight on the remarkable journey of the distinguished broadcaster whose career has traversed some of the most influential corridors of international journalism.

The 50-year-old British-Sierra Leonean media personality, born on January 6, 1976, rose to prominence through an illustrious career at CNN, which she joined as a news anchor in 2005 after distinguished stints with the British Broadcasting Corporation (BBC) and Sky News. Over the years, Sesay became one of the most recognisable and respected faces in global television news, bringing clarity and composure to some of the world’s most consequential stories.

An alumna of Trinity College, Cambridge, United Kingdom, Sesay steadily carved a distinctive niche for herself in broadcast journalism. In 2009, she became the host of the inaugural edition of International Desk, CNN’s weekly news programme, further cementing her reputation as a journalist of substance and international standing.

Her career afforded her the opportunity to engage with numerous eminent personalities, including former Nigerian President Olusegun Obasanjo and his successor, the late President Umaru Yar’Adua, among other notable global figures.

Sesay also contributed to Anderson Cooper 360° as presenter of the 360 Bulletin, a role she assumed on January 17, 2011. Subsequently, she was reassigned as anchor of another flagship news programme, CNN NewsCenter, continuing a professional trajectory that reflected both versatility and excellence.

Beyond the newsroom, Sesay has demonstrated a deep commitment to social impact. In 2014, she launched her educational and humanitarian non-profit advocacy initiative for the African girl-child. The organisation, aptly named Women Everywhere Can Lead, has since provided educational support and empowerment opportunities aimed at nurturing a new generation of female leaders across the continent.

More recently, Sesay captured public attention with her personal journey into motherhood, welcoming her first child through In-Vitro Fertilisation (IVF) as a single mother. Her experience has resonated with many women around the world, adding another compelling chapter to a life story already rich in courage, resilience and inspiration.

On this edition of African Voices, Sesay will share insights into her distinguished career, her enduring advocacy for girls’ education and empowerment, as well as her new and deeply personal adventure into motherhood. The programme will air on Saturday at 7.30am.

Repeat broadcasts will follow at 11.00am on the same day, while additional screenings are scheduled for Sunday at 3.30am and 6.00pm. Further rebroadcasts will air on Monday at 3.00am and 5.45pm, and on Tuesday at 5.45 pm, with the same time belt continuing into the following week until Monday at 3.00am

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Double Honours for PLWD: Opeoluwa Sotonwa Foundation Opens Applications for Scholarship

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The Opeoluwa Sotonwa Foundation (OSF) has announced the opening of applications for the 2026 OSF Scholarship Programme and the Professor Konyinsola Ajayi, SAN Fellowship, reaffirming the Foundation’s commitment to expanding educational opportunities, and developing future leaders within the disability community.

Since its establishment, the Foundation has worked to remove barriers to higher education by providing financial assistance, recognizing academic excellence, and investing in students whose determination and leadership have the potential to create lasting change in their communities.

Dr. Opeoluwa Sotonwa
Founder, Sotonwa Opeoluwa Foundation

The OSF Scholarship Program is open exclusively to Deaf and hard of hearing students enrolled in accredited tertiary institutions in Nigeria. The scholarship recognizes academic merit, leadership, resilience, and a commitment to pay it forward.

The Professor Konyinsola Ajayi, SAN Fellowship is open to law students with disabilities pursuing a Bachelor of Laws (LL.B.) degree at an accredited Nigerian institution. Named in honor of one of Nigeria’s most distinguished legal practitioners, the fellowship promotes greater representation of persons with disabilities within the legal profession while supporting the next generation of advocates,
scholars, and public leaders.

Mrs Cassandra Sotonwa,
Chief Operating Officer, Sotonwa Opeoluwa Foundation

“Education has the power to transform lives, strengthen communities, and expand opportunities for generations to come,” said Dr. Opeoluwa Sotonwa, Founder of the Opeoluwa Sotonwa Foundation.

”Through these programs, we continue our commitment to investing in talented students whose perseverance, engagement, and character will help shape a more inclusive and equitable Nigeria. We encourage every eligible student to apply and take advantage of these opportunities.

Applications will be evaluated through a competitive review process based on academic achievement, leadership potential, community engagement, and the overall quality of each application. Priority consideration may be given to applicants who have not previously received an OSF Scholarship or a Konyinsola Ajayi, SAN Fellowship.

Applicants are strongly encouraged to read the application instructions carefully. Only fully completed applications submitted with all required supporting documents by the published deadline of July 30, 2026 will be considered. Incomplete applications or those missing required documentation will not be reviewed.

The Foundation maintains a zero-tolerance policy toward fraud. Any applicant found to have submitted forged or altered transcripts, falsified documents, plagiarized personal statements, or other fraudulent materials will be disqualified and permanently barred from future scholarship and fellowship opportunities offered by the Opeoluwa Sotonwa Foundation.

Application forms, eligibility requirements, and submission instructions are now open and available at opeoluwasotonwafoundation.org.
Interested applicants should review the eligibility requirements and application instructions before submitting their materials.

About the Opeoluwa Sotonwa Foundation
The Opeoluwa Sotonwa Foundation (OSF) is a nonprofit organization dedicated to advancing educational access, leadership development, and economic empowerment for persons with disabilities in Nigeria. Through scholarships, fellowships, mentorship, strategic partnerships, and advocacy, the Foundation empowers students to achieve academic excellence, professional success, and meaningful
leadership.

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