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.
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Under Otedola’s guidance, Geregu Power has become a leading player in Nigeria’s power industry.
The move cements Otedola’s position as a leading figure in Nigeria’s business landscape and underscores his influence in the country’s financial sector.
This recent boost follows reports that Otedola is partnering with the Lagos State government to develop a power transmission project.
As one of Africa’s richest individuals, Otedola continues to wield significant influence in Nigeria’s economic landscape.
Otedola expressed his optimism about the talks, which aim to establish Nigeria’s first-ever PPP power transmission project.
Geregu Power is a leading power-generating company led by Femi Otedola, one of Africa’s richest billionaires.
In the past six months, the market cap of Otedola’s Geregu Power has risen by $1.21 billion to $1.75 billion.
Otedola’s Geregu Power is the eighth most valuable company on the Nigerian Exchange.
Geregu Power is a power-generating company.
Ayokunle and Rotimi Otedola are siblings of billionaire Femi Otedola.
The majority of the power-generating company is controlled by Otedola.
Geregu Power is a top-performing power-generating company.
Geregu Power is the first NGX-listed company to publish its audited financials in 2023.
Geregu Power is a power-generating company.
Geregu Power is a major player in Nigeria’s power sector.
Afreximbank’s Fund for Export Development in Africa will acquire a minority stake in Geregu Power.