Did Linda Ikeji really buy a house with full payment on Banana Island?

Last we probably heard about Linda Ikeji was that she rented a duplex in Surulere and also built a mansion for her family in the village and when we though that she must have spent all her blogging money, she goes ahead to do something bigger by buying a house on Banana Island, Lagos. She didn't build it from the ground up but bought a ready made house that has a swimming pool and enough parking space.

For some celebrities and rich people in Nigeria, owning a home in a rich place like Banana Island doesn't come easy for them as they mostly need to make a down payment for it with the intention of making instalmental payments later on but for Linda Ikeji, Nigeria's famous gossip blogger, she made a full payment if the report I'm getting is right especially the one based on a response she supposedly made to a fan on her official twitter handle. Linda Ikeji would not be considered a normal celebrity since she didn't achieve fame by being an actress or a musician but she became popular just by blogging on Google's free blogging platform and she makes money(millions) from online advertisers.

Ever since her sister Laura Ikeji reported on Twitter that her sister had bought a house on Banana Island, a city that is seen as the exclusive place for billionaires in Lagos, one of the things that initially came to my mind was that I hope she didn't buy it on a mortgage plan and has to keep making instalmental payments on it. Most Nigerians know that it's better to buy your home with full payment rather than keep on paying for it for the long term. To hear that she made a full payment for it and the house is probably worth over N500m, then, I have to say that she made a good investment decision but one wonders if she would keep blogging for the long term or look for another career to do such as acting or movie producing now that she's definitely too big to be considered just a blogger. Who knows?

Never in the history of Nigeria has it been reported that a blogger ever used blogging money to buy a house worth a couple of millions and to buy a house on Banana Island is already making some Nigerians to ask if she bought it with blogging money alone. Does she have other businesses besides blogging alone? Does she have a tree that gives her money? Well, only Linda Ikeji can answer that.

Sure, many Nigerians already know that Linda Ikeji makes millions blogging but they don't really know how many millions she makes. Based on estimations given by some bloggers in the industry, it was estimated that she makes at least N1 to N3 million monthly but it seems that she could be making more than that for her to have made such a big investment that even some musicians are afraid of doing. For someone to invest in a home on Banana Island, he should probably be worth billions or at least have a capital over N500 million but it can be hard for someone to just sink over N500 million on a single home if that's all he's worth.

Well, many Nigerians have made different comments about her recent investment on a home in Banana Island. For those who don't already know or haven't been to the place before, Banana Island is one of the most expensive places to own a home in Lagos and homes there are the most expensive in Lagos and probably in Nigeria. It's a place where multi-billionaires normally go to after they've achieved that status. It's a place where even a multi-millionaire would dare not to go unless he's young and hoping to become a billionaire in the near future so as to offset his mortgage.

Some Nigerians said that she didn't make a full payment while some said that she is just marketing the house for sale. Some said that she had other businesses besides blogging while some said she probably received a lot of money from politician during the recently ended 2015 General elections. Some have said she wasted the money while others say she should go and marry. Could it be a bank loan or a deal with a real estate company? Trust Nigerians, good or bad, they will always talk but I don't think Linda really cares much about what haters are saying. As at today, there is no official statement from Linda Ikeji on her famous blog where millions of Nigerians normally visit. Some say it might actually be a rumour or popularity prank.

For many who know Linda Ikeji's history in blogging, she came into the scene about 5 years ago and worked on it a bit before she started making the big bucks. The more visitors her website got, the more money she made from advertising. But for someone to have made over N500m to buy a house on Banana Island after 5 years of blogging, shouldn't that person be making at least a N100m a year? I'm just asking.