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Femi Otedola

Energy FEATURED Latest TOP STORIES 

Otedola: My Decision to Pull Out of Buying Ikeja DisCo Worried Jonathan

August 20, 2025August 20, 2025 Markets Reporters 0 Comments Femi Otedola, Ikeja Electric, Making It Big, Otedola Making It Big

Femi Otedola, chairman of Geregu Power Plc, said his decision to pull out of buying Ikeja DisCo (now Ikeja Electric)

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FEATURED Latest Money TOP STORIES 

FBNH’s customer deposits surge by N6.62trn in one year under Otedola

January 30, 2025January 30, 2025 Markets Reporters 0 Comments Customer deposits, FBN Holdings, Femi 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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Energy Latest TOP STORIES 

Billionaire Otedola’s Geregu Power boosts profit by 70%

January 30, 2025January 30, 2025 Markets Reporters 0 Comments Femi Otedola, Geregu Power

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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FEATURED Latest Money TOP STORIES 

Otedola’s fortune up $500m in one year while Dangote, others see decline

January 27, 2025January 27, 2025 Markets Reporters 0 Comments Aliko Dangote, Femi Otedola, Forbes billionaires list

By Mary Adenike Within a year, the fortune of Femi Otedola, chairman of Geregu Power Plc and FBN Holdings Plc,

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FEATURED Latest Money TOP STORIES 

Otedola backs windfall tax, says banks maintain private jets with $50m yearly

July 31, 2024July 31, 2024 Markets Reporters 0 Comments Femi Otedola, Nigerian banks, Private jets in Nigeria, windfall tax

Femi Otedola, a billionaire businessman, has said Nigerian banks are spending an estimated $50 million on the maintenance of private

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Economics FEATURED Latest TOP STORIES 

Supporting local champions like Dangote key to Nigeria’s development – Otedola

July 23, 2024July 23, 2024 Markets Reporters 0 Comments Aliko Dangote, Femi Otedola

Amid the dispute between Dangote Group and regulators in the oil sector, Femi Otedola, chairman of Geregu Power Plc, has

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FEATURED Latest Stocks TOP STORIES 

Geregu Power posts higher quarterly profit of N8.25bn

July 13, 2024July 13, 2024 Markets Reporters 0 Comments Femi Otedola, Geregu Power

Geregu Power Plc has reported a 19 percent increase in its profit before tax for the second quarter of this

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Energy FEATURED Latest TOP STORIES 

Otedola’s Geregu Power partners Siemens to raise capacity by 765MW

May 31, 2024May 31, 2024 Markets Reporters 0 Comments Femi Otedola, Geregu Power, Siemens Energy

Geregu Power Plc, a power generation company chaired by billionaire tycoon Femi Otedola, has struck a partnership with Siemens Energy

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FEATURED Latest Stocks TOP STORIES 

Otedola sells 2.8 million shares in Geregu Power for N820.67m

May 10, 2023May 10, 2023 Markets Reporters 0 Comments Femi Otedola, Geregu Power

The Chairman of Geregu Power Plc, Mr Femi Otedola, has sold 2,823,092 shares out of his stake in the power

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FEATURED Latest Stocks TOP STORIES 

‘Two captains can’t man a ship’: Otedola says Elumelu bought him out of Transcorp

May 9, 2023May 9, 2023 Markets Reporters 0 Comments Femi Otedola, Tony Elumelu, Transcorp

The Chairman of Geregu Power Plc, Mr Femi Otedola, has opened up on why he sold the shares of Transnational

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