Archive for June, 2013

OFFICIAL SITE

Posted: June 11, 2013 in Gist

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Burnertunes.wordpress.com has moved to www.burnertunes.com, this is the official website. we thank you for your patients and encourage you to continue with to visit our official site as we keep you updated.

CLICK ON THE LINK  BELOW TO THE OFFICIAL SITE

WWW.BURNERTUNES.COM

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Burnertunes website will be available to the public for the first time tomorrow, We are grateful and happy to announce that the link to our site will be out tomorrow to redirect you from this page to our new site.
Let’s all make it trend by tweeting #Burnertunes @burnertunes and we will automatically retweet you, pls also ask for a follow back.

Cheers to BURNER TEAM.

COUNT DOWN TO BURNERTUNES WEBSITE

Posted: June 5, 2013 in Gist
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We are grateful for Your patience and understanding.

The management and team burnertunes.wordpress.com is grateful to our burner family[ all of you], for the support and love you have showed to us within this past months. We have decided to move to our official website, which will be lunged within 3 days and we ask all of you to please move with us and continue supporting this growing entertainment website. As a team, we promise to serve you better.

Countdown Starts on 5th June; 2013.

Cheers to BURNER TEAM.

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Dangote has been named Africa’s first $20billion man, thus becoming one of the top 25 richest people in the world.

From Forbes
Nigerian billionaire and Africa’s richest man Aliko Dangote has become the first African entrepreneur to lay claim to a $20 billion fortune as the stock value of his largest holding, Dangote Cement, leaped just about three-fourths since March when Forbes released its annual ranking of the world’s richest people.
Aliko Dangote’s 93% stake in the cement company is now worth $19.5 billion. Add this to his controlling stakes in other publicly-listed companies like Dangote Sugar and National Salt Company of Nigeria and his significant shareholdings in other blue-chips like Zenith Bank, UBA Group and Dangote Flour; his extensive real estate portfolio, jets, yachts and current cash position, which includes more than $300 million in recently awarded Dangote Cement dividends, Dangote is now worth more than $20 billion.
Put into context, the Nigerian billionaire is now among the top 25 richest people in the world, richer than Russia’s richest man, Alisher Usmanov, richer than India’s Lakshmi Mittal and running neck and neck with India’s Mukesh Ambani. He is catching up to such Americans as Google’s billionaire founders Larry Page and Sergey Brin.

The unprecedented surge in Dangote Cement’s share price is largely a market response to the company’s impressive 2013 Q1 results.

The cement manufacturer’s unaudited results for the three months ending March 31 showed that the company’s pre-tax profit rose to $339 million, representing an 80.6% increase from last year and a strong indicator of the company’s future earning potential. The results also indicate a 79.5 % rise in its earnings per share over the corresponding period last year.

Explaining the company’s share price boost in an email to Forbes, Carl Franklin, Dangote Cement’s Head of Investor Relations in the U.K said that in the first quarter of 2013, the company had a huge increase in demand across Nigeria, gas supply improved considerably and the capacity was much more ramped up.

“So Q1 was the first sign of just how profitable we can be in Nigeria. The amazing thing is that 66% of our gas-fired production in Q1 was done at 84% gas. Imagine what would happen to margins if we did the same amount at 95%. This has given investors a good sense of what we can really do when everything goes in the right direction,” Franklin said.

With a current market cap of $20.5 billion, Dangote Cement becomes the first Nigerian company to achieve a market capitalization of over $20 billion.

“It’s certainly a landmark for a Nigerian company and we’re proud to be the first to achieve it. Obviously we are focusing on building long-term and sustainable value for shareholders through our investments in Nigeria and Africa. Nigeria is a very entrepreneurial country and I can assure you that other companies will follow us in achieving this.”

Other companies might eventually achieve this, but it’s going to take a bit of time. Dangote Cement currently accounts for more than a quarter of the total market capitalization of the Nigerian Stock Exchange. The second largest company on the Nigerian Stock Exchange (NSE) is currently Nigerian Breweries, West Africa’s largest manufacturer of Alcoholic and non-alcoholic beverages. The company has a market cap of $8.5 billion.

Dangote debuted on the FORBES billionaires list in 2008 with a fortune we pegged at $3.3 billion. His fortune dropped to $2.5 billion in 2009 and plunged further to $2.1 billion in 2010. His fortune surged  557% in 2011 to $13.8 billion after he took Dangote Cement public. He dropped to $11.2 billion in last year’s rankings, but rebounded at $16.1 billion this year. Since March, his fortune has jumped another 30%.

Dangote was destined to shine in business. At age 8, he apparently gave packets of sweets he had made to the house servants to sell for him. His father Mohammed Dangote was a successful businessman and an associate of his maternal uncle Alhaji Sanusi Dantata. Dantata and his brother controlled the trade in kola nuts and livestock conducted by 200 agents. Dangote started building his fortune over three decades ago after taking a loan from Sanusi Dantata. He started trading in commodities like flour, sugar and cement.

He became a billionaire by later manufacturing these items. He started making pasta, salt, sugar and flour in 1997. But he found his gold mine in cement, when he was awarded a government’s state owned cement business in 2000 and began building his own plant in 2003. He listed Dangote Cement in 2010.

Today, it is Africa’s largest cement company providing cement to Nigeria and other African countries that otherwise would likely have to pay to import much of the materials.

Dangote still likely has bigger ambitions. He told Forbes Wealth Editor Luisa Kroll at Davos in 2011 that he expected his firm to have a market cap of $60 billion within five years. At $20.5 billion, Dangote Cement still has a long way to go to live up to that dream, and while it is quite unlikely that Dangote Cement could hit a $60 billion Market Cap by 2016, don’t write it off as ‘impossible’. With Dangote, you never know.

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Nigerian luxury designer Alexander Amosu has created the most expensive champagne in the world called Taste of Diamonds. The drink costs 1.2million pounds. Converted to Naira it is – N250million, which can get you three luxury duplexes in Lekki. 🙂

Amosu created a design which takes its inspiration from the Superman style signature and hand crafted it from 18ct solid white gold weighing approximately 48gsm of solid gold centred by a single flawless deep cut white diamond weighing 19cts. The label is also handmade in 18ct solid gold and weighs approximately 36gsm, handcrafted and engraved with the client’s name.

Amosu created the design in collaboration with luxury champagne brand, Goût de Diamants. You can read more about the champagne.

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A pet monkey that had belonged to Justin Bieber has moved into a German wildlife park after the teenage popstar failed to provide the necessary paperwork to release it from customs.

“Mally”, a 23-week-old capuchin monkey, was confiscated by authorities at Munich airport in March while the Canadian singer was on tour. The pet has since become German national property because Bieber did not provide health and species protection certificates.

Mally, who had been living in an animal shelter, has now moved to Serengeti Park in Hodenhagen, northern Germany, where he will remain in quarantine for a few more weeks before permanently settling with other white-faced capuchin monkeys.

“He will go into our capuchin monkey enclosure where there is a lovely island that is 40 meters long and 20 meters wide. It has lots of trees so it will be a bit of a game to try and recognize him,” said Fabrizio Sepe, head of the wildlife park.

Mally was taken to the park in secret for his protection but fans will now be able to visit the animal, Sepe said. While most animals stay in their transport boxes for the first three days, Mally ventured out soon after arrival, he added.

“He came out straight away and jumped onto the carer’s head and was immediately curious about everything.”

Sepe said he had not heard from Bieber but added that he would be happy to give the singer information if he was interested.

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Pop singer Mariah Carey and rapper Nicki Minaj will leave “American Idol” after just one season as judges on the singing contest show, following on the heels of longtime judge Randy Jackson who left amid a TV ratings slump.

“Thank you American Idol for a life changing experience! Wouldn’t trade it for the world! Time to focus on the Music!!!” Minaj said on her Twitter page on Wednesday.

Carey’s departure was also announced on Twitter by her public relations firm PMK BNC, which said the singer “says goodbye 2 idol” as she prepared to embark on a world tour.

Carey, 43, joined the judging panel with Minaj, country singer Keith Urban and Jackson, a music producer, for the show’s 12th season.

Carey reportedly earned $18 million while Minaj’s salary was reported to be $12 million and Urban’s was at $8 million for the season.

Carey and Minaj, 30, grabbed headlines throughout the season for their on-camera arguments and off-camera feuding, with Carey saying in January that she had hired extra security following threats reportedly made against her by Minaj.

Despite the added star power of Carey, Minaj and Urban, the show’s ratings slumped to the lowest in 12 seasons, with the May 16 season finale of “Idol” drawing 14.2 million to see vocal powerhouse Candice Glover win the competition.

Fox released statements following the announcements of both judges.

“Mariah Carey is a true global icon – one of the most accomplished artists on the planet – and we feel extremely fortunate that she was able to bring her wisdom and experience to the ‘American Idol’ contestants this season,” Fox said.

“Nicki Minaj is a superstar who brought a level of honesty and passion to ‘American Idol'” and who had a tremendous positive impact on so many contestants this season. Given her extremely busy career, we understand and respect her decision and wish her the best,” the network added after Minaj’s announcement.

Jackson announced this month he would not return to the show next season. It was unclear whether Urban would.

Pop singer and actress Jennifer Lopez and Aerosmith frontman Steven Tyler left “Idol” in 2012 after two seasons and used their increased visibility from the show to relaunch their music careers.

Fox, which is owned by News Corp, will also lose reality programming chief Mike Darnell, who said last week he would leave at the end of June. Darnell shepherded “American Idol” into a ratings juggernaut since its debut in 2002.

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2 Chainz (whose name doesn’t really refer to the jewelry around his neck) raps about his life growing up in Georgia, and his lyrics since the Tity Boi days have always been pretty hilarious and memorable. Inspired by the amazing Beyoncé Art History Tumblr, in which Beyoncé lyrics are paired with fine art to create hilarious and educational memes, we decided that one of the most-quoted rappers in the game should serve the same purpose—to help you get your knowledge up. Without further ado, we present How to Sound Like an Art History Expert (With 2 Chainz Lyrics). Tru!

The Miami Heat just beat the Indiana Pacers in game seven of the Eastern Conference finals. But Justin Bieber’s outfit may have stolen the show. The Biebs showed up to the American Airlines Arena in a leather shirt, three chainz, and a Just Don Acid Wash snapback—and had everyone talking.

Of course you had your Beliebers defending the singer, and even professing their love to him… again. You also had a few who said he killed it. But there were also some who had harsh words for JayBee, even though he was on-trend. Guess this look only works for rappers and not teen pop stars?

Check out what the Twitterverse had to say in Twitter Reacts to Justin Bieber’s Outfit at Game 7.

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