6 Nigerian billionaires have companies joining the FTSE frontier index this month
Ten Nigerian stocks join FTSE Russell's frontier index on Sept. 21, including companies part-owned by Aliko Dangote, Femi Otedola and Victor Odili.
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Ten Nigerian stocks join FTSE Russell's frontier index on Sept. 21, including companies part-owned by Aliko Dangote, Femi Otedola and Victor Odili.
Victor Odili's 5.08% stake in MTN Nigeria will earn ₦27.69 billion from the ₦26 interim dividend, on a holding now worth about $657 million.
His investments have positioned him as a quiet force in Nigeria’s corporate world, with ownership in some of the country’s most essential industries.
Victor Odili, regarded as one of Nigeria’s wealthiest businessmen, has a 3.96 percent stake in MTN Nigeria.
Odili is a former non-executive director of MTN Nigeria, one of Africa’s largest telecom providers.
Odili ranks as one of Nigeria’s richest businessmen.
Odili is also the chairman and executive director of Aeromaritime Group.
Odili holds a 3.96-percent stake in the company.