Femi Otedola
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Business
Femi Otedola visits Dangote Refinery ahead of the inauguration today [Photos]
Femi Otedola, the billionaire businessman, says history would be made in the Nigerian energy sector with the soon-to-be-inaugurated Dangote Refinery. Otedola shared his thought on the project in a tweet on Sunday after a visit to the facility. President Muhammadu Buhari will on Monday, May 22, 2023, inaugurate the Dangote…
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News
Billionaire Femi Otedola has alleged that he was stabbed in the back by fellow mogul Tony Elumelu
Otedola who spoke on Tuesday went down memory lane to share details of his relationship with Elumelu and the latter’s plans for Transcorp before he opted out because his bid was rejected. According to Otedola, he offered to acquire Transcorp Plc for N250 billion and take the company’s market capitalisation to N2…
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Featured
Otedola’s hour of happiness
My attention has been drawn to a report of the day the renowned businessman, Femi Otedola, found the meaning of happiness, what really true happiness means. The enthralling post forwarded to me by my friend, Mazi Uso Aninye, reads: “I want to remember your face so that when I meet…
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News
FEMI OTEDOLA SPLURGES N2.2B ON ARISTOTLE ONASSIS LUXURY YACHT TO CELEBRATE 60TH BIRTHDAY [VIDEO]
The gap between the rich and the poor is as wide as the Grand Canyon. From the ways they live in opulence and style to the places they go, the moneyed class never wavers in the tiniest of details that concern their well-being. View this post on Instagram A post…
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Business
EXCLUSIVE: Otedola acquires additional stake in First Bank Holdings to become undisputed largest shareholder
Nigeria’s billionaire magnate and chair of Geregu Power Plc Femi Otedola has acquired a further interest in FBN Holdings Plc, the parent company of Nigeria’s oldest lender First Bank, an affirmation that the heated battle for the soul of the financial services group among its principal shareholders is not yet…
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News
The Humbling of Tunde Odukale! Multibillionaire Femi Otedola Is Now Officially The Largest Shareholder In First Bank
Effortlessly, multibillionaire businessman Femi Otedola personifies the kernel of Vince Lombardi’s famous quote: “Winning is not a sometime thing; it’s an all the time thing. You don’t win once in a while; you don’t do things right once in a while; you do them right all of the time. Winning…
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Business
NGX queries FBN Holdings over Hassan-Odukale’s shares
The Nigerian Exchange Limited (NGX) has queried FBN Holdings Plc, the holding company of First Bank of Nigeria, for classifying the shareholdings of Tunde Hassan-Odukale and his related parties into two parts of 4.16% and 1.20% respectively. There has been a controversy since Femi Otedola acquired 5.07% stake in the…
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News
FirstBank Confirms Odukale As Single-Largest Shareholder, Ranks Otedola Second
FBN Holdings Plc, the holding company of First Bank Nigeria Limited, has confirmed Mr. Tunde Hassan-Odukale as the single-largest shareholder. The bank said with 5.36 percent equity holding, Hassan-Odukale is its largest single-holder followed by Femi Otedola with a 5.07 percent stake in the Group. Both Odukale and Otedola are…
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Business
It’s official: Femi Otedola emerges First Bank majority shareholder
The holding firm had earlier denied knowledge of the takeover saying it had not received a notification of a significant holding by Mr Otedola.
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News
Otedola yet to notify us of reported share acquisitions — FBN Holdings
FBN Holdings Plc has reacted to media reports that billionaire businessman, Femi Otedola, has acquired a significant shareholding in the company.