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Femi Otedola
Femi Otedola
News
Tinubu Extends Shea Nut Export Ban to Spur Local Processing
Tinubu extends Shea nut export ban to 2027 to boost local processing as prices fall and traders report market disruption.
February 27, 2026
News
Nigeria Sets New 2027 Election Dates as INEC Revises Timetable
KEY POINTS INEC fixed Jan 16, 2027 for presidential and national assembly elections and...
February 27, 2026
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...
December 30, 2025
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.
December 19, 2025
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
News
Tinubu Extends Shea Nut Export Ban to Spur Local Processing
Tinubu extends Shea nut export ban to 2027 to boost local processing as prices fall and traders report market disruption.
February 27, 2026
News
Nigeria Sets New 2027 Election Dates as INEC Revises Timetable
KEY POINTS INEC fixed Jan 16, 2027 for presidential and national assembly elections and...
February 27, 2026
News
Court Grants Malami, Son N200M Bail in Terrorism Case
KEY POINTS Court granted Malami and his son N200 million bail each with strict...
February 27, 2026
News
NUC Issues Strict Rules on Honourary Doctorate Awards
KEY POINTS NUC introduced strict nationwide rules to curb abuse of honorary doctorate awards. ...
February 27, 2026