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,...
November 05, (THEWILL) - Femi Otedola, the Chairman of Geregu Power Plc, a power generating firm which he acquired after selling off his interest in Forte Oil, has now sold over 14.8 million units of his shares held in...
October 27, (THEWILL) - Nigerian businessman and philanthropist, Olufemi Otedola, was inaugurated as the chancellor of Augustine University on Thursday, October 25, 2023.
The entrepreneur conveyed the announcement via X, formerly known as Twitter, and Instagram.
In the statement posted on...
Amid lingering battle for the soul of FBN Holdings Plc, billionaire businessman and chairman of Geregu Power Plant, Femi Otedola, has acquired 110 million units of the bank’s shares worth N2 billion in a fresh deal that intensifies the...
Barely three months after divesting 2.8 million units of his shares in Geregu Power Plc, the power generation company, where he holds the majority stake, businessman and investor Femi Otedola has embarked on another ambitious business plan. In collaboration...
Things no longer seem rosy between billionaire economist and banker, Tony Elumelu and his fellow billionaire investor, Femi Otedola. The closeness both friends hitherto enjoyed may have just been sacrificed on the altar of bullish corporate moves.
During the lavish...
Billionaire businessman, Femi Otedola, will not forget the late astute banker, Otunba Subomi Balogun in a hurry. Balogun was a reliable ally to the businessman when he was at his lowest financially.
A few days ago, Balogun, the founder of...
Boardroom politics and takeovers are hardly a standard fare in the arcane business world. Therefore, they arouse public curiosity when the dealings spill into the public domain. This scenario played out in the case of two powerful Nigerian business...
May 11, (THEWILL) – The chairman of Geregu Power Plc, Femi Otedola, has sold 2.8 million units of his shares in the power generation company, where he is holding the majority stake.
According to data from the Nigerian Exchange, Otedola...
May 10, (THEWILL) – What began like a humming narrative has snowballed into a stunning explosive as facts have emerged that the recent feud between Nigeria’s business tycoons, Femi Otedola, executive chairman, Geregu Power Plc,  and Tony Elumelu, chairman,...
An Akwa Ibom State High Court sitting in Uyo has dismissed a petition seeking the dissolution of a marriage that has lasted over 43 years, ruling that lack of love and mutual respect between spouses does not, on its own, constitute sufficient legal grounds for divorce.
