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Femi Otedola
Femi Otedola
Business
Caverton Q4 Revenue Slides Sharply as Losses Narrow Slightly
KEY POINTS Caverton’s fourth-quarter revenue fell to 3.74 billion naira from 13.11 billion naira...
February 2, 2026
News
Ogoni Group Demands Probe Into Alleged $300m Compensation Fund
KEY POINTS Ogoni group demands investigation into alleged diversion of a 300 million dollars...
February 2, 2026
Business
First HoldCo Partners With Microsoft to Advance Africa’s Innovation
The First HoldCo Microsoft partnership aims to accelerate innovation and expand technology access across Africa under Femi Otedola’s leadership.
December 3, 2025
News
Femi Otedola’s Net Worth Rises to $1.6 Billion on Geregu Power, First HoldCo Gains
Femi Otedola’s wealth grows to $1.6 billion on strong Geregu Power and First HoldCo performance.
November 7, 2025
News
First HoldCo Reports $1.7 Billion in Gross Earnings Under Otedola’s Leadership
First HoldCo, led by Femi Otedola, reports $1.7 billion in nine-month earnings as reforms strengthen assets and equity.
November 1, 2025
Business
Otedola Donates ₦4bn for Augustine University Engineering Block
Femi Otedola donates ₦4 billion to build a state-of-the-art electrical and electronics engineering block at Augustine University.
October 31, 2025
News
Otedola Celebrates Dangote’s $20 Billion Refinery
Femi Otedola praises Aliko Dangote’s $20 billion refinery expansion as a generational legacy reshaping Nigeria’s oil and energy landscape.
October 27, 2025
Business
Otedola Raises Stake in First HoldCo by ₦2.01 Billion
Femi Otedola increases stake in First HoldCo by N2.01 billion, strengthening his hold in Nigeria’s oldest financial institution.
September 26, 2025
News
Femi Otedola Spends $15 Million on Daughter Temi’s Wedding
Temi Otedola wedding cost $15 million across Monaco, Dubai, and Iceland, setting a record as Africa’s most expensive and glamorous celebration
September 8, 2025
Business
Femi Otedola Reclaims Spot on Forbes List, Dangote Remains Africa’s Wealthiest
Nigerian tycoon Femi Otedola stages a remarkable return to the Forbes Africa list, while Aliko Dangote continues his reign as the continent's richest man.
January 24, 2024
Latest articles
Business
Caverton Q4 Revenue Slides Sharply as Losses Narrow Slightly
KEY POINTS Caverton’s fourth-quarter revenue fell to 3.74 billion naira from 13.11 billion naira...
February 2, 2026
News
Ogoni Group Demands Probe Into Alleged $300m Compensation Fund
KEY POINTS Ogoni group demands investigation into alleged diversion of a 300 million dollars...
February 2, 2026
News
Abuja Singer Nanyah Dies After Snake Bite as Search for Anti-Venom Proves Unsuccessful
KEY POINTS Abuja-based singer Ifunanya “Nanyah” Nwangene died after a snake bite and difficulty...
February 2, 2026
News
Nigerian Troops Kill Boko Haram Deputy Commander Abu Khalid, 10 Others in Borno Night Raid
KEY POINTS Nigerian troops killed Boko Haram deputy commander Abu Khalid and 10 other...
February 2, 2026