Femi Otedola

Recapitalisation: Otedola Increases Stake In First HoldCo By N2.01bn

September 25, (THEWILL) — Femi Otedola, Chairman and key stakeholder in First HoldCo Plc, has expanded his stake in the company with the acquisition of an additional 64,878,668 shares, valued at N2.01 billion. FBN Holdings disclosed the transaction in two...

Person Of The Year: President Bola Tinubu

December 22, (THEWILL) - Prominent Nigerians across multiple sectors significantly influenced and impacted society this year. Some shone as beacons of hope amid the worsening insecurity and economic hardship, while others via their actions negatively affected lives through their...

Femi Otedola Donates N3.7bn For Building of Engineering Complex in Augustine University

October 27, (THEWILL) – After donating N2 billion for the first phase of the engineering faculty building at Augustine University in Ilara Epe, Lagos, last year, billionaire businessman, Femi Otedola has again donated another sum of N3.7 billion towards...

Pope Francis to Honour Femi Otedola’s Mother

September 08, (THEWILL) – Dame Christine Doja Otedola, mother of billionaire businessman Femi Otedola is all set to be honoured by Pope Francis, the leader of the Catholic `Church. The former Lagos First Lady will be receiving the...

Marketer Counters Otedola On Selling Depot Facilities As Scrap

September 06, (THEWILL) – Industry stakeholder and Chairman of Integrated Oil and Gas Ltd., Capt. Emmanuel Iheanacho (rtd), has countered the call by billionaire businessman and Chairman of Geregu Power Plc, Mr. Femi Otedola, for petroleum marketers in the...

Dangote Petrol: Days Of Bowing To Foreign Powers, Local Cabals For Our Fuel Needs Are Over – Otedola

September 03, (THEWILL) – Nigerian billionaire, Femi Otedola, has extolled Aliko Dangote, President of Dangote Group, on the actualisation of his $20 billion refinery, saying "the days of bowing to foreign powers for our fuel needs are over". The remark...

Dangote, Otedola, Elumelu Lead National Initiative To Eliminate Malaria In Nigeria

August 26, (THEWILL) – The Federal Government has appointed prominent business leaders, Aliko Dangote, Femi Otedola, and Tony Elumelu, to lead the national initiative, Nigeria End Malaria Council (NEMC), aimed at eradicating malaria in Nigeria. Aliko Dangote, Chairman...

BREAKING: Otedola Emerges Chairman Of FBN Holdings

January 31, (THEWILL) - Billionaire businessman and chairman of Geregu Power Plc, Olufemi Peter Otedola, has been appointed as the new Chairman of First Bank Holdings board of directors. The holding firm announced this in a corporate filing on the...

Otedola Acquires N6bn Worth Of Dangote Cement Shares

January 21, (THEWILL) - Billionaire businessman, Femi Otedola, has racked up shares worth N6 billion of Dangote Cement Plc in his name, according to market reports. Africa’s large cement maker Dangote Cement recently outpaced telecommunications powerhouse Airtel Africa to become...

Business Magnate Otedola Visits Dangote Refinery, Says History Is Made

January 17, (THEWILL) - Business magnate, Femi Otedola, has visited the Dangote Petroleum Refinery in Lagos. THEWILL reports that the 650,000 barrels per day Refinery commenced the production of diesel and aviation fuel on Friday, January 12. Speaking on Wednesday,...
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Niger Mass Abduction: Tinubu Orders Joint Military, Police Manhunt

The President's directive came after gunmen reportedly invaded several communities in the remote Borgu area of the state on Friday, August 21, killing residents, attacking worshippers and taking an unspecified number of people into nearby forests.
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