May 09, (THEWILL) – Nigerian businessman Femi Otedola has allegedly accused the chairman of Transnational Corporation of Nigeria (Transcorp), Tony Elumelu, of backstabbing him repeatedly at his most vulnerable moments in business.
Mr Otedola reportedly made the revelation in...
April 28, (THEWILL) - Billionaire businessman, Femi Otedola, has divested his newly acquired stake in Transnational Corporation of Nigeria (Transcorp) to Chairman Tony Elumelu, sources said on Friday,
This rests the scramble for the top ownership of the group.
The billionaire...
April 20, (THEWILL) - Transnational Corporation (Transcorp) Plc, has confirmed that Femi Otedola acquired a majority stake in the diversified investment company.
Transcorp made the revelation in a corporate document filed with the Nigerian Exchange Limited (NGX) on Thursday, 20...
April 13, (THEWILL) - Billionaire businessman, Mr. Femi Otedola has bought 5.5 percent stake in Transnational Corporation Plc (Transcorp), quoted under the tourism sector of the Nigerian Exchange (NGX).
With this stake, Otedola has emerged the largest single individual shareholder...
About two months after THEWILL reported that Geregu Power, a power generating firm promoted by businessman and investor, Femi Otedola was having acquisition talks with investors, the company has successfully sold five per cent equity stake to Fund for...
February 24, (THEWILL) - Businessman and philanthropist, Femi Otedola, has handed over the completed block A of a multi-billion-naira faculty of engineering complex to Augustine University, Ilara, Epe, Lagos State, in fulfilment of his dream to add a...
Unlike the average man, it isn't every day you find the wealthy being grateful or being indebted to another, for throwing them a lifeline. But not businessman cum investor, Femi Otedola. If there is one man, he will continually...
About two months after scoring a major point when his Geregu Power became the first power-generating company to be quoted on the Nigerian Exchange, businessman/investor, Femi Otedola is already having acquisition talks with investors. Barring any last-minute changes, the...
The duo of billionaire businessman, Femi Otedola and his former wife, Nana, have put their differences aside to stage a memorable 60th birthday for the chairman of Geregu Energy.
They have both been keeping up appearances for the sake of...
November 12, (THEWILL) - Florence Otedola, aka DJ Cuppy, is basking in the euphoria of the multi-million edifice her billionaire business mogul father, Femi Otedola, gave her to mark her 30th birthday.
The disc jockey, who clocked 30 on Friday,...
The Federal Government has issued a travel advisory to Nigerians using Addis Ababa, Ethiopia, as a transit destination following the deaths of 16 Nigerians reportedly linked to health complications associated with the city’s high-altitude environment.
