FirstBank Gets N45bn Capital Boost as Parent Advances Private Placement
First HoldCo Plc, the parent of Nigeria’s oldest bank, has completed a ₦45 billion second tranche of its ongoing ₦350
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Femi Otedola
Billionaire Otedola’s ‘Making It Big’ Shortlisted for BCA African Business Book of the Year
The Business Council for Africa (BCA), in partnership with the Africa Finance Corporation (AFC), African Business and BrandComms, has announced
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Geregu Power’s Q1 Profit Plunges 80% After Otedola’s Exit
Geregu Power, one of only two power generation companies listed on the Nigerian Exchange, reported a 79.87 percent decline in
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Why Nigeria’s Oldest Bank’s Profit Fell to Eight-Year Low
FirstHoldCo Plc, Nigeria’s oldest banking group, posted its lowest profit in eight years in 2025 after taking a massive one-off
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Billionaire Otedola Exits Power Firm Geregu as MA’AM Energy Steps In
Femi Otedola has bowed out of Lagos-listed Geregu Power as chairman and majority shareholder following the sale of its stake
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Biggest Shareholder Otedola Invests Extra N15.27bn in FirstBank’s Parent
Femi Otedola, chairman of First HoldCo, has bought additional shares worth N15.27 billion in the parent of the country’s oldest
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‘The Pressure Was Intense’: Otedola Explains Why He Didn’t Allow His Children to Join His Business
Femi Otedola, one of Nigeria’s prominent business tycoons, has said he made up his mind when he was setting out
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Otedola: My Decision to Pull Out of Buying Ikeja DisCo Worried Jonathan
Femi Otedola, chairman of Geregu Power Plc, said his decision to pull out of buying Ikeja DisCo (now Ikeja Electric)
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FBNH’s customer deposits surge by N6.62trn in one year under Otedola
FBN Holdings Plc, the parent company of First Bank of Nigeria, grew its customer deposits by 62 percent in 2024
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Billionaire Otedola’s Geregu Power boosts profit by 70%
Geregu Power, chaired by billionaire Femi Otedola, saw its profit after tax surge by 70.6 percent to N27.41 billion last
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