President Bola Tinubu met billionaire businessman Femi Otedola at a private dinner in Paris, France. The meeting took place on Monday evening as Tinubu continued his extended stay in Europe. Otedola shared a photo of the meeting on X on Tuesday. He also praised Tinubu’s economic reforms and their impact on Nigeria’s economy. “At a…
Femi Otedola has increased his ownership in First HoldCo again. The billionaire businessman bought more shares worth N222.2 billion. As a result, his total stake in the company has now risen to about 26%. The latest deal involved 1.779 billion shares. According to a statement signed by the company secretary, Abiola Baruwa, the shares were…
A viral video showing billionaire businessman Femi Otedola walking on the streets of Monaco has got people talking online. The businessman was seen alongside a mystery lady as they enjoyed what looked like a morning walk. Both appeared relaxed and deeply engaged in a conversation. Interestingly, the pair wore similar colours during the outing. Otedola…
Businessman Femi Otedola has sold his ownership interest in Geregu Power Plc in a transaction valued at about $750 million, marking a major divestment in Nigeria’s power sector. Geregu Power Plc announced the development in a filing posted on the Nigerian Exchange (NGX) website. MA’AM Energy takes control According to the filing, MA’AM Energy Limited…
