Energy sector records $1.3bn surge amid Elumelu, Otedola deals
Nigeria’s energy sector recorded transactions valued at $1.3 billion within four days ending December 31, marking one of the most active deal-making…
Femi Otedola
Otedola sells 77% Geregu Power stake in $750m deal
Billionaire investor Femi Otedola has exited Geregu Power Plc in a landmark transaction valued at $750 million, divesting his 77 per cent…
Otedola defends Dangote amid dispute with marketers
Nigeria’s billionaire businessman, Mr. Femi Otedola, has weighed in on the ongoing fuel supply disagreement between the Dangote Refinery and the Depot…
Zenon denies alleged seizure of Lagos HQ
Zenon Petroleum & Gas Limited has dismissed claims that its Victoria Island property was seized over a N7.2 billion judgment debt. In…
How banks sent ‘charming’ ladies to lure my interest — Otedola
Billionaire businessman Femi Otedola has revealed how, at the height of his financial success, Nigerian banks aggressively competed for his attention —…
FG, Otedola not involved in Otudeko ₦323bn deal – FistHoldCo
The Federal Government of Nigeria and billionaire businessman, Femi Otedola, the Chairman of FirstHoldCo Plc, have both denied any role in the…
Otedola credits N320b First Bank investment to Tinubu reforms
The Chairman of First Holdco Plc, Femi Otedola, has attributed his N320 billion personal investment in First Bank to President Bola Tinubu’s…
Otedola raises stake in First Bank to 13.15%
The chairman and majority shareholder of First Bank of Nigeria Holdings, Femi Otedola has raised his stake in the company to 13.15…
Otedola backs FG’s 70% windfall tax on banks’ FX earnings
Billionaire businessman, Femi Otedola, is in favour of the federal government’s 70% windfall tax on banks’ foreign exchange earnings. The business mogul…
Billionaire Otedola rallies behind Dangote amid refinery controversy
Nigerian billionaire Femi Otedola has rallied behind Aliko Dangote, CEO of Dangote Refinery, amidst ongoing disputes with national oil regulators. In a…
Billionaire Otedola backs Dangote amid clash with NMDPR
Nigerian billionaire Femi Otedola has taken to social media to support Aliko Dangote and his ambitious Dangote Refinery project. Otedola’s endorsement echoed…
Otedola raises stakes to 11.64% in FBN holdings
The Chairman of FBN Holdings, Femi Tedola has raised his ownership stake in the business once more, solidifying his status as the…