Tag: Femi Otedola
Support For Vulnerable Households: Excitement As Lagos Receives Dangote’s Rice
Governor Babajide Sanwo-Olu's administration in Lagos State has received 80,000 bags of 10 kilogrammes of rice to bolster its interventions targeted at ameliorating the...
Tinubu Creates Economic Advisory Panel With Elumelu, Dangote, Others As Members
President Bola Tinubu has created an economic advisory committee comprising the federal government, sub-nationals and the private sector.
This resulted from talks between the President...
How We Were Able To Record 127% Increase In Profit- FBN...
First Bank of Nigeria Holdings’ profit at the end of 2023 rose to N309.89bn, which is 127 per cent higher than N136.17bn at the...
Dangote Cement’s Market Capitalization Hits N10tn
The market capitalisation of Dangote Cement hit N10tn on Monday, emerging as the first company to achieve that milestone on the Nigerian Exchange.
This is...
Despite Court Order, FBN Holdings Holds AGM
FBN Holdings on Tuesday, held its 11th annual general meeting virtually, despite a court order stopping the meeting from being held.
Last Thursday, the financial...
Battle For Control Of FBN Holdings Intensified By Otudeko, Otedola
The billionaires’ battle for control of Nigeria’s oldest financial services group, FBN Holdings (FBNH) Plc has intensified between Oba Otudeko and Femi Otedola.
The two...
Reject Otudeko’s Share Acquisition, Ecobank Tells First Bank
Ecobank has urged First Bank Holdings to reject the acquisition of 4.7 billion shares by a former Chairman of the bank, Dr Oba Otudeko.
The...
How Oba Otudeko Emerges As FirstBank’s Largest Shareholder
Oba Otudeko’s Honeywell Group has reportedly bought the largest shares of First Bank of Nigeria Holdings Plc in a cross deal worth N87.8 billion.
The...
Transcorp’s 5.52% Acquired By Femi Otedola
Indigenous conglomerate, Transcorp Corporation Plc, has disclosed that billionaire businessman, Femi Otedola, has bought 2,245,639,251 units of the shares of the group, which amounts...
Femi Otedola@60: Sanwo-Olu Joins Other Great Nigerians To Hail
Governor Babajide Sanwo-Olu of Lagos State has joined others to congratulate Nigerian business magnate, philanthropist and Chairman, Geregu Power Plc, Mr. Femi Otedola on...
