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Femi Otedola

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Troops rescue 53 hostages and dismantle ISWAP roadblock in Borno

Soldiers of Operation Hadin Kai dismantled an ISWAP roadblock near Buratai in Borno, freeing 53 trapped civilians and recovering eight vehicles the insurgents had seized.
News

Borno shortlists 40 ex-Boko Haram terrorists for army recruitment

The Borno government has put 40 former Boko Haram terrorists forward for Nigerian Army recruitment, alarming officers who question their documents and battlefield loyalty.
Business

Otedola’s FirstHoldCo surges 32 percent to lead Nigerian bank stocks

Femi Otedola's FirstHoldCo has surged 32 percent in a month to leave GTCO, Zenith, Access and UBA behind as Nigeria's best-performing tier-one bank stock.
Business

Otedola, Dangote Applaud Tinubu’s Economic Reforms, Express Optimism About Nigeria’s Future

KEY POINTS Femi Otedola and Aliko Dangote met President Tinubu in Lagos on Easter...
Business

Otedola Applauds Dangote Refinery at Full Capacity

Femi Otedola hails Dangote Refinery full capacity milestone, saying 650,000 bpd output could transform Nigeria’s fuel supply and forex stability.
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Otedola: First HoldCo Restructuring May Be Disruptive, but It’s Essential for Long-Term Growth

KEY POINTS Otedola says First HoldCo’s restructuring may cause disruption but is necessary for...
Business

Former Governor Abdulaziz Yari Named Chairman of Geregu Power Following Otedola’s Exit

KEY POINTS Billionaire Femi Otedola has resigned as chairman of Geregu Power Plc after...
News

Femi Otedola Lifts Stake in First HoldCo With $10 Million Share Purchase

Femi Otedola boosts his stake in First HoldCo with a $10 million share purchase as earnings and assets grow.
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.
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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.
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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.
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.
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.
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.
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Troops rescue 53 hostages and dismantle ISWAP roadblock in Borno

Soldiers of Operation Hadin Kai dismantled an ISWAP roadblock near Buratai in Borno, freeing 53 trapped civilians and recovering eight vehicles the insurgents had seized.
News

Borno shortlists 40 ex-Boko Haram terrorists for army recruitment

The Borno government has put 40 former Boko Haram terrorists forward for Nigerian Army recruitment, alarming officers who question their documents and battlefield loyalty.
News

State police push shifts to governors and state lawmakers

After the Senate and House passed the state police bill, Nigeria's 36 state assemblies must now decide whether the long-debated policing reform finally becomes law.
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Nigeria signals fresh review of N70,000 minimum wage

Nigeria's government says it will reassess the N70,000 minimum wage soon, arguing that the figure no longer reflects the rising cost of living nationwide.