Dangote plans new HQ in Eko Atlantic as FirstBank builds West Africa’s tallest tower
“I will be here very soon,” Dangote said, addressing fellow billionaire Femi Otedola. “And I want to congratulate you on this groundbreaking ceremony.”
Femi Otedola
Nigerian billionaire Femi Otedola’s First HoldCo breaks ground on new landmark headquarters
For Otedola, this is just the beginning. With the new headquarters underway, he is not just reshaping a bank—he is redefining the future of Nigeria’s financial industry.
Nigerian billionaire Femi Otedola hosts Wizkid, Burna Boy in star-studded gathering
Beyond his social engagements, Otedola remains focused on leading two of Nigeria’s most influential companies.
Nigeria’s 10 richest businessmen in 2025
From cement and construction to telecoms and finance, Nigeria’s richest businessmen have built empires that extend far beyond the country’s borders.
Nigerian billionaire Femi Otedola's net worth soars by $100 million to $1.7 billion amid naira's recovery
His $100 million gain comes after an impressive 2024, during which his net worth grew by $600 million
Nigerian billionaire Femi Otedola’s Geregu Power to pay $14.4 million final dividend to shareholders
The final dividend for the year ended Dec. 31, 2024, amounts to N21.25 billion ($14.4 million), translating to a payout of N8.5 per share.
Billionaire Femi Otedola leads FBN Holdings to record gross earnings of more than $2 billion
The group’s gross earnings surged past $2 billion, further solidifying its place among Nigeria’s leading financial institutions.
Nigerian billionaire Femi Otedola’s Geregu Power reports $26 million profit in 2024
This robust result follows a history of consistent financial success, positioning the company at the forefront of Nigeria’s power sector.
Nigerian billionaire Femi Otedola reaffirms commitment to First Bank, vows to protect its interests
FBN Holdings, the parent company of Nigeria’s oldest bank, has thrived under the leadership of Femi Otedola.
Geregu Power eyes $40 million quarterly revenue target for early 2025
Geregu Power, led by Nigerian billionaire Femi Otedola, targets $40 million revenue in Q1 2025 as it builds on robust 2024 performance.
Femi Otedola leads Geregu Power to milestone as Nigeria’s most compliant listed company
Geregu Power, led by Femi Otedola, wins "Most Compliant Listed Company of the Year" award at the NGX Made of Africa Awards.
The 10 biggest donations by Femi Otedola: How he is building a legacy of impact
Otedola’s generosity has touched lives nationwide, with substantial donations spanning education, health, security, and economic empowerment.
Femi Otedola drives parent firm of Nigeria’s oldest bank to $16 billion in assets
His leadership has helped push the group’s total assets past $16 billion, a milestone for the Lagos-based financial services provider.
Femi Otedola leads FBN Holdings to $371.9 million profit in 9M 2024
FBN Holdings posts robust financial results as profit surges 125 percent under Femi Otedola’s leadership.
Femi Otedola’s $2.25-million gift to Augustine University deepens commitment to education
Otedola’s $2.25-million donation to Augustine University in Lagos bolsters his legacy in education and philanthropy.
Geregu Power’s profit more than doubles to $15 million in 9M 2024
Total assets rose 21 percent to N221.09 billion ($136.4 million), reflecting strong growth and strategic investments under billionaire Femi Otedola's leadership.