Femi Otedola in talks with Lagos gov’t for Nigeria’s first-ever PPP power transmission project
Otedola expressed his optimism about the talks, which aim to establish Nigeria’s first-ever PPP power transmission project.
Femi Otedola
Ecobank moves to seize Nigerian tycoon Oba Otudeko’s FBN shares over $17-million debt
Otudeko, the largest shareholder of FBN Holdings, owes Ecobank more than $17 million.
Nigerian billionaire Femi Otedola to pocket $2.17-million dividend from FBNH
Earlier this year, Otedola received an additional $33 million from his power-generating company, Geregu Power.
Nigerian billionaire Femi Otedola pays tribute to legendary banker Subomi Balogun
Balogun, the doyen of investment banking in Nigeria, passed away in London last Friday at 89.
Nigerian oil tycoon Abdulwasiu Sowami completes acquisition of Ardova, pays Femi Otedola $19 million
In 2020, Sowami acquired a controlling stake in Forte Oil from Otedola’s Zenon Petroleum and Gas Limited.
Femi Otedola’s siblings, Ayokunle and Rotimi, acquire additional $2 million stake in Geregu
Geregu Power is a leading power-generating company led by Femi Otedola, one of Africa’s richest billionaires.
Nigerian billionaire Femi Otedola opens up on Transcorp saga, Elumelu relationship
Nigerian billionaire Femi Otedola has opened up on the Trasncorp saga and his relationship with Tony Elumelu.
Nigerian billionaire Femi Otedola sells his Transcorp stake to Tony Elumelu
Otedola has sold all his shares in Transcorp to Elumelu, the company’s largest shareholder.
Nigerian billionaires Adenuga, Otedola make waves with Transcorp stakes
Adenuga’s minority shareholding in Transcorp is now worth $2.05 million.
Transcorp’s top shareholder title within reach for Femi Otedola
Nigerian billionaire Femi Otedola is the third-richest investor on the Nigerian Exchange.
Femi Otedola snaps up $12-million stake in Transcorp, might eye board seats, control
As he also leads Geregu, one of Africa’s fastest-growing power-generating companies, Otedola’s move is strategic.
Transcorp’s market cap up by $55 million following Femi Otedola’s acquisition
The company’s market capitalization has surged by $42 million since the news of the acquisition broke on April 12.
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.
$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.