Femi Otedola’s Geregu poised to transform Nigeria’s power industry with 1,300 MW surge
Otedola’s Geregu Power is the eighth most valuable company on the Nigerian Exchange.
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Otedola’s Geregu Power is the eighth most valuable company on the Nigerian Exchange.
As an added honor, in September 2022, Otedola was appointed as the distinguished chancellor of the university.
Geregu Power is a power-generating company.
Ayokunle and Rotimi Otedola are siblings of billionaire Femi Otedola.
The majority of the power-generating company is controlled by Otedola.
Geregu Power is a top-performing power-generating company.
Geregu Power is the first NGX-listed company to publish its audited financials in 2023.
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.