Afreximbank’s FEDA completes acquisition of 5 percent stake in Femi Otedola’s Geregu Power
Geregu Power is a power-generating company.
Geregu Power
Femi Otedola’s siblings, Ayokunle and Rotimi, invest over $3.6 million in Geregu Power shares
Ayokunle and Rotimi Otedola are siblings of billionaire Femi Otedola.
Nigerian billionaire Femi Otedola’s Geregu Power gains $380 million in 37 days
The majority of the power-generating company is controlled by Otedola.
A $100,000 investment in Femi Otedola’s Geregu Power four months ago is now worth $219,000
Geregu Power is a top-performing power-generating company.
Femi Otedola’s Geregu Power sets milestone with audited results as market cap hits $1 billion
Geregu Power is the first NGX-listed company to publish its audited financials in 2023.
Nigerian billionaire Femi Otedola’s Geregu Power surpasses $800-million market cap on NGX
Geregu Power is a power-generating company.
Femi Otedola’s Geregu Power gains $170.1 million following Afreximbank deal
Geregu Power is a major player in Nigeria’s power sector.
Afreximbank’s FEDA acquires minority stake in Femi Otedola’s Geregu Power
Afreximbank’s Fund for Export Development in Africa will acquire a minority stake in Geregu Power.
Afreximbank set to buy shares in Geregu Power, Femi Otedola’s power-generating firm
Geregu is one of Nigeria’s largest power-generating enterprises.
Femi Otedola’s Geregu Power returns $170.1 million in gains 56 days after listing on NGX
Otedola owns 80 percent of Geregu Power.
Nigerian billionaire Femi Otedola gains $8.3 million in 29 days from stake in First Bank
Otedola is the largest shareholder in FBNH with a sizable stake of 5.57 percent.
Femi Otedola-linked FBNH posts triple-digit earnings growth as profit exceeds $200 million
Otedola owns a substantial 5.57 percent of First Bank of Nigeria Holdings.
Billionaire Femi Otedola’s Geregu Power posts lower earnings amid power sector disruption
Geregu Power Plc is 80-percent owned by Otedola.
Nigerian billionaire Femi Otedola’s Geregu Power sheds $62 million in 24 hours
Geregu Power is majority owned by Nigerian billionaire Femi Otedola.
Within 24 hours of NGX listing, Nigerian billionaire Femi Otedola’s Geregu Power gains $120 million
Geregu Power is majority owned by Otedola.
Nigerian billionaire Femi Otedola’s Geregu Power completes listing on Nigerian Exchange
The power-generating company was acquired in 2013 by Otedola.