Nigerian billionaire Femi Otedola’s Geregu Power completes listing on Nigerian Exchange
The power-generating company was acquired in 2013 by Otedola.
The power-generating company was acquired in 2013 by Otedola.
He is on course to earn an interim dividend of $3.6 million from his stake in the bank.
The LSE’s statement comes just a few weeks after Orjiako retired as chairman.
Founders and investors on the Nigerian Exchange have seen their wealth rise astronomically since the start of the year.