Nigerian billionaire Femi Otedola gains $12.7 million from stake in FBNH
FBNH is one of Nigeria’s largest financial services conglomerates.
Femi Otedola
Ardova dismisses winding-up order, as Femi Otedola’s Zenon serves majority shareholder petition over $6-million debt
The once promising relationship between Otedola’s Zenon and Abdulwasiu Sowami’s Prudent Energy has taken a new turn.
Nigerian billionaire Femi Otedola’s Zenon Petroleum takes Ardova to court over $6-million debt
The winding-up petition adds to the pressures on Ardova and its majority owner.
Billionaire Femi Otedola’s Geregu Power completes $96.3-million bond issuance
Under Otedola, Geregu has grown into one of Nigeria’s largest power-generating enterprises.
Nigerian billionaire Femi Otedola dumps shares in FBHN worth $17.8 million
The transaction is expected to have an impact on Otedola’s dividend earnings.
Nigerian billionaire Femi Otedola gains more than $6.8 million in past six days from First Bank stake
Otedola is the largest stakeholder in the financial services provider.
Nigerian tycoons Femi Otedola, Hassan-Odukale to pocket $3.9-million in dividends from FBNH
The news comes several months after the businessmen revealed their stakes in the bank.
Nigerian billionaire Femi Otedola’s stake in country’s oldest bank is worth $75.5 million
Aside from his ownership stake in FBN Holdings, Otedola has interests in shipping, real estate and finance.
Nigerian banking executive Remi Babalola resigns weeks after Femi Otedola increases stake in FBN Holdings
Experts believe Otedola could take over the helm as the bank’s chairman, or exercise some level of control over its administration.
Nigerian billionaire Femi Otedola not interested in becoming director in Nigeria’s largest bank
Otedola has said that contrary to speculation he has no interest in becoming the chairman of First Bank Nigeria.
Nigerian billionaire Femi Otedola cements position as largest shareholder in Nigeria’s oldest bank
Otedola recently bought another 898,730,515 shares in the bank.
Nigerian billionaire Femi Otedola loses $2.9 million in four days as First Bank shares fall
FBN Holdings is one of the largest financial services organizations in Africa.
Save the Children UK appoints Nigerian billionaire Femi Otedola as vice president
His daughter, Florence Ifeoluwa Otedola, popularly known as “DJ Cuppy,” is a Save the Children ambassador.
Nigerian billionaire Femi Otedola confirmed officially as largest shareholder in First Bank
Otedola is resting pretty. He could now demand seats on the board, or even his appointment as chairman.
Nigerian billionaire Femi Otedola sees stake in FBNH rise by $4.9 million since early November
FBNH is one of the top five financial services providers in Nigeria, Africa’s largest economy.
Nigerian billionaires fight to control one of country’s largest banks
Nigerian billionaires are putting their hard-earned money to work to control First Bank of Nigeria Holdings.