Femi Otedola

Otedola Divests from Transcorp, Sells 2.6bn Shares to Elumelu

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...

Transcorp Confirms Otedola’s N5bn Share Acquisition

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...

Femi Otedola Buys 5.5% Stake in Transcorp to Emerge Largest Individual Shareholder

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...

Femi Otedola Completes Part Sale of Geregu Power Plc

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...

Otedola Donates Multi-Billion-Naira Engineering Complex To Augustine University

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...

Why Femi Otedola Remains Indebted To Adedapo Onafowokan

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...

Femi Otedola Dialogues With Investors Over Acquisition of Geregu Power

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...

Femi Otedola And Wife Unite For His 60th Birthday Party

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...

Femi Otedola Gifts DJ Cuppy £5m Country Home For 30th Birthday

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,...

Ikorodu Bois Shows Appreciation To Femi Otedola As He Celebrates 60th Birthday

November 05, (THEWILL) - Sensational comedy group, Ikorodu Bois, has penned their heartfelt gratitude to Nigerian billionaire, Femi Otedola, for upholding his promise to train them through school. The group made this known via a post on Instagram, where they...
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