Nigerian billionaire Femi Otedola’s Geregu Power surpasses $800-million market cap on NGX
Geregu Power is a power-generating company.
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Geregu Power is a power-generating company.
Geregu Power is a major player in Nigeria’s power sector.
Afreximbank’s Fund for Export Development in Africa will acquire a minority stake in Geregu Power.
Geregu is one of Nigeria’s largest power-generating enterprises.
Otedola owns 80 percent of Geregu Power.
Otedola is the largest shareholder in FBNH with a sizable stake of 5.57 percent.
Otedola is one of Nigeria’s richest men.
Otedola owns a substantial 5.57 percent of First Bank of Nigeria Holdings.
Ardova reported a $8.93-million loss for the 2021 fiscal year.
Geregu Power Plc is 80-percent owned by Otedola.
Geregu Power is majority owned by Nigerian billionaire Femi Otedola.
Geregu Power is 80-percent owned by Otedola.
Geregu Power is majority owned by Otedola.
The power-generating company was acquired in 2013 by Otedola.
The company has an implied valuation of $579 million.
Ten months ago, Otedola was also named vice president of UK-based NGO Save the Children.