25 richest people on the Nigerian Exchange
Leading the ranks on the Nigerian Exchange are iconic figures like Aliko Dangote, Femi Otedola, and Abdul Samad Rabiu.
Femi Otedola
Nigerian billionaire Femi Otedola makes $8.6 million from First Bank investment
Otedola’s recent gains in FBN Holdings and Geregu Power further solidify his status as one of Africa’s wealthiest individuals.
Nigerian billionaire Femi Otedola sells $6.4 million worth of Geregu Power shares
This move by Otedola reduced his stake in Geregu Power from 95.56 percent to a slightly smaller but still substantial 95.38 percent.
Nigerian billionaire Femi Otedola makes $250 million in eight days
With Geregu Power’s impressive performance and Otedola’s rising fortunes, the company solidifies its position as a key player in Nigeria’s energy sector.
Nigerian billionaire Femi Otedola donates $1 million to Augustine University students
The donation will cover the tuition fees of 750 students.
Bank linked to Nigerian billionaire Femi Otedola rakes in $290 million in profit
As a top shareholder in the Lagos-based lender, Femi Otedola stands to benefit from FBNH’s impressive financial performance.
Nigerian billionaire Femi Otedola makes $171 million in 72 hours
Otedola’s stake in Geregu Power is now worth $1.15 billion, further solidifying his status as one of the continent’s most affluent businessmen.
Nigerian billionaire Femi Otedola’s power company posts revenue exceeding $70 million in 9 months
Under Otedola’s leadership, the leading power-generating company has excelled across all its segments.
Nigerian billionaire Femi Otedola-linked bank to raise $181 million via rights issue
With an impressive 5.57-percent ownership as of June 30, 2023, Otedola stands as the largest shareholder in this Lagos-based financial services holding group.
7 biggest charitable gifts of Nigerian billionaire Femi Otedola
Otedola’s charity has touched nearly every facet of Nigerian life, from health to education to religion to historic preservation.
Femi Otedola commends Tinubu for resolving UAE visa ban on Nigerians and restoring air travel
Otedola vowed to increase his investments in Nigeria, citing Tinubu’s leadership as a force behind his confidence in Nigeria’s economic management.
15 inspirational quotes from Nigerian billionaire Femi Otedola
Otedola is not just one of Africa’s wealthiest individuals; he is a symbol of hope and inspiration.
Billionaire Femi Otedola Applauds Lagos Governor over Light Rail Completion
Femi Otedola is the Chairman of Geregu Power Plc
Nigerian billionaire Femi Otedola’s Geregu Power gains GCR’s confidence with stable outlook
Under Otedola’s guidance, Geregu Power has become a leading player in Nigeria’s power industry.
CBN approves billionaire Femi Otedola as director of FBN Holdings
Femi Otedola, who is the chairman of power generating company Geregu Power, is one of the largest shareholders of FBN Holdings.
Billionaire Femi Otedola triumphs as FBNH directors oppose Otudeko’s stake purchase
The overwhelming support of shareholders underscores Otedola’s substantial impact on the nation’s economy.