BREAKING NEWS: Carlo Ancelotti Has Been Sacked As Manager Of Bayern Munich

Following Wednesday's 3-0 Champions League defeat by Paris St-Germain, the club's board has decided to dismiss the Italian, who replaced Pep Guardiola at the start of last season.

Ancelotti, 58, helped Bayern win the Bundesliga last term, but they only reached the last eight of the Champions League and the German Cup semi-finals.

Assistant boss Willy Sagnol will take temporary charge.

Bayern, league champions in each of the past five seasons, are third in the German table, three points behind Borussia Dortmund, with four wins, one draw and one defeat from their first six matches. They next play away to Hertha Berlin on Sunday (14:30 BST).

100 HIGHEST PAID CELEBRITIES IN THE WORLD

Over the past 12 months, the world's 100 highest-paid celebrities pulled in $5.15 billion--more than the combined GDP of Belize, Liberia and Gambia--led by Diddy, who clocked a career-best $130 million. Beyoncé and J.K. Rowling round out the top three with $105 million and $95 million, respectively.

Though Diddy's payday mostly came from the sale of a large chunk of Sean John clothing equity and his ongoing partnership with Diageo's Ciroc vodka, many of the names on our list are profiting from the emergence of the new entertainment economy. From Spotify to Netflix, streaming platforms are directly enriching stars in a manner that once seemed a distant dream--and indirectly fueling lucrative live shows for the likes of The Weeknd, who appears on the cover of this year's Celebrity 100 issue.

"We live in a world where artists don't really make the money off the music like we did in the Golden Age," he tells FORBES. "It's not really coming in until you hit the stage."

Below is a full listing of this year's Celebrity 100 (full coverage here), which ranks the top-earning front-of-camera entertainers on the planet by pretax income from June 1, 2016 through June 1, 2017. Fees for agents, managers and lawyers are not deducted. Estimates are based on figures from Nielsen, NPD Bookscan, Pollstar, Box Office Mojo, Songkick, D'Marie and IMDB, as well as interviews with industry insiders and sometime of the stars themselves.

TOP 10 RICHEST NIGERIAN ARTISTES AND THEIR NETWORTH

Music industry in Nigeria has fast grown in a pace no one had expected as we have Nigerian artist standing shoulder to shoulder with their counterparts all over the world.

Here is the list of top 10 Nigerian musician with their networth;

10. Timaya

Ekperipapa 1 of Bayelsa Timaya is one of Nigeria’s to ten richest musicians. The dancehall king net worth comes from heavy booking fees, brand endorsement and not so much from music sales. Timaya is brand ambassador to Glo and Hennessy X. O. Cognac. His estimated net worth N1.1 Billion Naira

9.      Iyanya

Iyanya who hails from Cross River State hit stardom after he won the maiden edition of MTN project fame. After that first shot at fame subsided, he bounced back with one of the biggest hit song in his career ‘Kukere’. Iyanya has been brand ambassador to MTN, Solo phones, Dunes Nigeria and Cross River State tourism ambassador. Iyanya’s estimated net worth is put at N 1.8 Billion Naira.

30 HIGHEST EARNING ACTORS IN THE WORLD AND THEIR EARNINGS

The top 10 actors banked a cumulative $488.5 million--nearly three times the $172.5 million combined total of the 10 top-earning women. While only three actresses made more than $20 million in 12 months, 16 actors broached the mark.

This pay disparity is due, in part, to roles: There are simply fewer main female characters in the superhero movies and blockbusters that pay the sizeable backend profits that result in leading men's large paydays, or the franchise sequels that permit aggressive negotiation for future installments. According to a 2016 study, women comprise just 28.7% of all speaking roles in movies.

In order to visualize the difference in paychecks, we combined our lists of highest-paid actors and actresses. Emma Stone, who was this year's top-ranked actress, lands at No. 15 when stacked up with the men. Mark Wahlberg, the highest-paid actor, made more than 2.5 times her $26 million pretax take-home. Melissa McCarthy, ranked No. 4 among actresses with $18 million, ties for No. 21 with Chris Evans.

Earnings estimates are based on data from Nielsen, ComScore, Box Office Mojo and IMDB, as well as interviews with industry insiders. All figures are pretax and scored between June 1, 2016, and June 1, 2017; fees for agents, managers and lawyers are not deducted.

According to Forbes here is a list of world to 30 highest paid actors/ actresses in the world:

PSQUARE GO SEPARATE WAYS FOLLOWING TERMINATION OF AGREEMENT

This news broke over Sunday night

For days now, the brothers that make up singing duo, Psquare have been reportedly in a fight.

Now their singing relationship may have just hit the rocks completely as Peter has “demanded a termination of the agreement between both of them”.

LIB was the first to report that Mr P as he now likes to call himself “sent a termination letter to their lawyer Festus Keyamo (SAN)” accusing his brother, Paul of unwillingness to continue to work with him and also slandering his family on social media.

LIB writes that “Peter further accused his older brother Jude of once threatening to kill him and shoot his wife Lola.”

It was only on Thursday last week he signaled the start of his solo career when he launched an official YouTube page under the name, Mr P.

His brothers, Paul and Jude are yet to make any public statements.

THIS IS WHY P-Square WILL FIND IT DIFFICULT TO BREAK APART

This group has grown over the years to become a phenomenon in the African Entertainment sphere at large.

Despite their rift that is no longer a news to the entire world, many people find it difficult to believe Psquare (Peter & Paul Okoye)  can go in their different ways for these reasons;

1. They are brothers:

Psquare, which has  Peter and Paul as its members aren't just a boy band or group of friends, these guys are blood brothers. They aren't even just brothers but twins and it even gets better identical twins. After 2001 when they rose to prominence, it took fans years to be able to differentiate both of them. The resemblance isn't just in the physique but even in their voices, Yes! it's that cool. Friends quarrel and go their separate path but twins don't, they fight, settle, but going their separate ways? It just doesn't happen.

2. They are a super brand:

Never in the history of modern music in Nigeria have we had a brand like the Psquare group. These guys represent a talent that is yet to be outshined. Let's look at it this way, in this part of the world, a set of twins is like a prized possession and they bring good luck, so when you have twins making good music, every corporate entity would want to tap into it.

30 AMAZING FACTS YOU NEVER KNEW ABOUT THE GREAT BENIN KINGDOM

The Great Benin Kingdom is probably Nigeria’s greatest empire. The Ogiso dynasty lasted for about 854 years plus an interregnum of 285 years between the reign of Ogiso Orire and Ogiso Odia, there was an interregnum of 70 years between Ogiso Owodo and Oba Oranmiyan plus 845 years of Oba ruler-ship till date.

Below are 30 amazing facts about the Great Benin Kingdom:

1. The First Storey Building in Nigeria was built at Ughoton by the Dutch in the year 1718, and it was called “The Factory”. The said building was destroyed by the British during the war against the Benins in 1897. The site of the building is still intact.

2. The Oldest Church in West-Africa was established in Great Benin Empire by the Earliest Portuguese missionaries in the 16th Century which is today known as the Holy Aruosa (Benin National Church). Pope Pius XII visited Benin and handed the church to the Oba of Benin, Oba Oreoghene in 1692AD.

3. The first Known Embassy Established in Nigeria was in Benin during the reign of Oba Esigie in the 16th century.

4. The Oldest known letter written in Nigeria was by Duarte Pires instructed by Oba Esigie which was addressed to King John II, on the 20th October, 1516AD. The second oldest letter was written by Anthonio Domingo (Great-grand Son of Oba Olua) to the Pope to seek for missionary assistance in other to spread Christianity in Benin Empire in 1652AD.

5. Oba Orhogbua founded Lagos and planted a dukedom, the Obaship of Lagos (Eko).

6. Oldest ever recorded market in Africa is Ogiso (Agbado) Market dated 60BCE.

7. The first ever recorded bank (Owigho) in present day West-Africa was built in Benin kingdom by Oba Eresoyen, construction started in the year 1740AD and was completed in the year 1743AD.

8. Queen Idia (Oba Esigie mother) is the first Oba’s mother to be alive to see her son becoming an Oba. That’s because traditionally previous Crown prince mothers were killed before their Sons ascend the throne.

9. Ga tribe of present day Ghana migrated from Benin during Oba Udagbedo reign (1299-1334)

10. Oduduwa was the exiled crowned prince from Benin known as Ekaladerhan, which is being purported as the progenitor of the Yoruba race.