Geregu Power aims to double revenue in the first quarter of 2024 despite operating challenges.
Femi Otedola
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- West & Central Africa
Nigerian billionaire Femi Otedola congratulates Africa’s richest man Aliko Dangote on refinery launch
Otedola congratulated Dangote on the launch of the Dangote Oil Refinery, a $20-billion project.
- Hot News
Otedola becomes second Nigerian billionaire with stakes in two companies worth over 1 trillion naira
With his strategic investments and relentless pursuit of excellence, Otedola continues to make significant contributions to the Nigerian economy and beyond.
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Femi Otedola executed a cross deal on the Nigerian Exchange via his company, Amperion Power Distribution Company Limited.
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With a diverse portfolio and impactful investment strategy, Otedola has become the third-richest investor on the Nigerian Exchange.
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Leading the ranks on the Nigerian Exchange are iconic figures like Aliko Dangote, Femi Otedola, and Abdul Samad Rabiu.
- West & Central Africa
Nigerian billionaire Femi Otedola makes $8.6 million from First Bank investment
Otedola’s recent gains in FBN Holdings and Geregu Power further solidify his status as one of Africa’s wealthiest individuals.
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This move by Otedola reduced his stake in Geregu Power from 95.56 percent to a slightly smaller but still substantial 95.38 percent.
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With Geregu Power’s impressive performance and Otedola’s rising fortunes, the company solidifies its position as a key player in Nigeria’s energy sector.
- West & Central Africa
Nigerian billionaire Femi Otedola donates $1 million to Augustine University students
The donation will cover the tuition fees of 750 students.