Nigerian billionaire Femi Otedola now one of Transcorp’s top shareholders
Otedola now holds a 5.52-percent stake in Transcorp, making him one of the conglomerate’s top shareholders.
Femi Otedola
$100,000 investment in Femi Otedola’s firm 6 months ago is now worth $320,000
In the past six months, the market cap of Otedola’s Geregu Power has risen by $1.21 billion to $1.75 billion.
Nigerian billionaire Femi Otedola urges incoming gov’t to fix electrcity transmission
Otedola is the chairman of Geregu Power Plc, a publicly traded power generating company.
Femi Otedola regains spot on Africa’s richest list as stake in Geregu Power nears $2 billion
Otedola joins a select group of African billionaires whose holdings in publicly traded companies exceed $1.5 billion.
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.
Nigerian billionaire Femi Otedola donates $4.3-million engineering faculty complex to Augustine University
As an added honor, in September 2022, Otedola was appointed as the distinguished chancellor of the university.
Afreximbank’s FEDA completes acquisition of 5 percent stake in Femi Otedola’s Geregu Power
Geregu Power is a power-generating company.
Femi Otedola’s siblings, Ayokunle and Rotimi, invest over $3.6 million in Geregu Power shares
Ayokunle and Rotimi Otedola are siblings of billionaire Femi Otedola.
Nigerian billionaire Femi Otedola’s Geregu Power gains $380 million in 37 days
The majority of the power-generating company is controlled by Otedola.
A $100,000 investment in Femi Otedola’s Geregu Power four months ago is now worth $219,000
Geregu Power is a top-performing power-generating company.
Femi Otedola’s Geregu Power sets milestone with audited results as market cap hits $1 billion
Geregu Power is the first NGX-listed company to publish its audited financials in 2023.
Nigerian billionaire Femi Otedola’s Geregu Power surpasses $800-million market cap on NGX
Geregu Power is a power-generating company.
Femi Otedola’s Geregu Power gains $170.1 million following Afreximbank deal
Geregu Power is a major player in Nigeria’s power sector.
Afreximbank’s FEDA acquires minority stake in Femi Otedola’s Geregu Power
Afreximbank’s Fund for Export Development in Africa will acquire a minority stake in Geregu Power.
Afreximbank set to buy shares in Geregu Power, Femi Otedola’s power-generating firm
Geregu is one of Nigeria’s largest power-generating enterprises.
Femi Otedola’s Geregu Power returns $170.1 million in gains 56 days after listing on NGX
Otedola owns 80 percent of Geregu Power.