Femi Otedola – Page 3 of 4 – Prime Business Africa

Femi Otedola Sells Geregu Shares After Plan To Acquire Transcorp Fails

Otedola Finally Confirms Acquiring N5 billion Shares In Transcorp Plc

Transnational Corporation (Transcorp) Plc, on Thursday, 20 April, revealed that Femi Otedola acquired a majority stake in the diversified investment company. Transcorp said Otedola, who is also the majority investor in Geregu

Fakoyejo Olalekan

2 years ago

Business

Femi Otedola Spends N3.14 billion To Acquire Shares In Elumelu’s TransCorp

Nigerian billionaire (in Naira), Femi Otedola, has reportedly acquired 5.52 per cent ownership of diversified investment firm, Transnational Corporation (TransCorp). The acquisition cost Otedola N3.14 billion (based on the share price of

Fakoyejo Olalekan

2 years ago

Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Business

Femi Otedola Sells 5% Of Geregu Power To Africa’s Supranational Bank

Africa Export and Import Bank (Afreximbank), a supranational bank, has acquired a five per cent stake in the electricity-generating firm, Geregu Power Plc, owned by Femi Otedola. According to a document released

Fakoyejo Olalekan

2 years ago

Business·Insights·Markets

How Femi Otedola’s Decision To Sell Geregu Stake Cost Shareholders N60.50 billion

Shareholders of Geregu Power, the company owned by Femi Otedola, will have little or nothing to celebrate this Christmas season, having lost most of the returns on their investment within two weeks.

Fakoyejo Olalekan

2 years ago

Business·Insights

5 Billionaire Investors Otedola, Ovia, Otudeko, Makanjuola, Adefisan Sell Over N88.14 billion Shares In 2022

Nigerian billionaire investors have been busy in the Nigerian stock market this year, selling off their shares for various reasons in the last ten months. Prime Business Africa tracked the market activities

Fakoyejo Olalekan

2 years ago

Business·Insights

Femi Otedola, Others Make N52 billion In One Day, Amid Plans To Buy Power Plant

Investors queued to have their hands on the shares of Geregu Power on Wednesday, as the electricity power plant company debuted on the Nigerian stock exchange. Interest were high for Geregu Power

Fakoyejo Olalekan

2 years ago

Business

Femi Otedola: Geregu List Shares On NGX, As Billionaire Eyes Acquisition Of New Power Plant

An electricity power plant company, Geregu Power Plc, has listed by way of introduction on the Nigerian Exchange Limited (NGX) to raise funds amid report of its expansion plan. Geregu Power, owned

Fakoyejo Olalekan

2 years ago

Business·Latest News

Femi Otedola’s Geregu Power Plant To Go Public At N100 Per Share

Femi Otedola is reportedly set to list his electricity generation company, Geregu Power Plc, on the Nigerian Exchange (NGX), to allow the public become part owners by buying the company’s shares. Otedola

Fakoyejo Olalekan

2 years ago

Business·Insights

Femi Otedola, Other First Bank Investors Lose Over 7% Of Investment

The capital market investors have lost 7 per cent investments in First Bank of Nigeria Holdings. This is despite FBN Holdings finances experiencing a boost. Net profit of FBN Holdings grew by

Fakoyejo Olalekan

2 years ago

Business·Oil & Gas

Ardova Reacts To Takeover Threat, As Majority Investor Faces Lawsuit

Oil and gas firm, Ardova, has denied it is winding up, after Femi Otedola’s Zenon Petroleum and Gas Limited filed a case against its majority shareholder, Prudent Energy & Services Limited (PESL).

Fakoyejo Olalekan

2 years ago

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Femi Otedola - Page 3

Otedola Finally Confirms Acquiring N5 billion Shares In Transcorp Plc

Femi Otedola Spends N3.14 billion To Acquire Shares In Elumelu’s TransCorp

Femi Otedola Sells 5% Of Geregu Power To Africa’s Supranational Bank

How Femi Otedola’s Decision To Sell Geregu Stake Cost Shareholders N60.50 billion

5 Billionaire Investors Otedola, Ovia, Otudeko, Makanjuola, Adefisan Sell Over N88.14 billion Shares In 2022

Femi Otedola, Others Make N52 billion In One Day, Amid Plans To Buy Power Plant

Femi Otedola: Geregu List Shares On NGX, As Billionaire Eyes Acquisition Of New Power Plant

Femi Otedola’s Geregu Power Plant To Go Public At N100 Per Share

Femi Otedola, Other First Bank Investors Lose Over 7% Of Investment

Ardova Reacts To Takeover Threat, As Majority Investor Faces Lawsuit

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