According to the latest earnings forecast, the power-generating giant is optimistic about achieving a gross profit of N20.79 billion ($13.04 million) in …
Femi Otedola
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This move follows Otedola’s recent philanthropic initiatives aimed at supporting education and enhancing national security.
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FBN Holdings, led by Nigerian billionaire Femi Otedola, is doubling down on its commitment to supporting local businesses.
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As of the close of trading on Mon., Feb. 25, FBN Holdings’ market capitalization reached an impressive N1.22 trillion ($791.1 million).
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In the face of economic challenges, Nigerian billionaire Aliko Dangote emphasizes the need for swift and decisive action from both the public …
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Geregu Power’s exceptional financial performance has solidified its position as one of Nigeria’s most profitable entities.
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This Week In Review: A Snapshot of African Wealth Dynamics — Strategic Moves by Peters, Otedola’s Dividend Windfall, and Dangote’s Expansion (Feb. 5 to 10)
Dive into the dynamic world of African business magnates, where Benedict Peters teams up with the Atlantic Council, Femi Otedola secures a …
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The dividend solidifies Otedola’s position among Nigeria’s top dividend earners and adds another financial milestone to his already impressive portfolio.
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The decision to elevate Otedola to the position of chairman was reached at a board meeting today.
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The company’s revenue soared beyond the $90-million mark during the period under review, marking a significant milestone in its operations.