Billionaire businessman Femi Otedola has announced that his long-anticipated book, ‘Making It Big,’ will be launched on August 18, 2025. Otedola, who is the chairman of FirstHoldco Plc, announced this via a post on X on Thursday, July 17. The famous businessman had, on Wednesday, disclosed plans to release a …
Read More »
FBN Holdings Plc has opened its rights issue, offering 5.983 billion ordinary shares at 50k each, priced at N25 per share, totalling N150 billion, to existing shareholders. This offering is based on one new ordinary share for every six ordinary shares held as of October 18, 2024. The Chairman of …
Read More »
A diligent search for a man who is the epitome of selfless service to humanity and who has demonstrated a genuine predisposition for the progress and development of his country will end with only a few candidates. Finding one without political affiliations or not driven by primordial pecuniary motives will …
Read More »
FEMI Otedola, the chairman of FBN Holdings and majority shareholder of Geregu PLC, and some of his companies have opted for an out-of-court settlement with Zenith Bank PLC. Mr Otedola was involved in a legal dispute with the bank for alleged “fraudulent transactions” on his company’s accounts. According to court …
Read More »
FEMI has handled this whole matter with no respect for a man who has gone on air to say that apart from his wife, he was the only one he was following on IG. Being put on that kind of pedestal where your only other partner is someone who has …
Read More »
Billionaire businessman, Femi Otedola, has revealed that his offer to buy Nigerian conglomerate, Transcorp Corporation Plc, for N250bn was rejected. This came to light on Tuesday in a statement he issued to TheCable, weeks after the businessman acquired stakes in Transcorp and sold the shares. He revealed that he …
Read More »
Popular Nigerian billionaire Femi Otedola has sold his 6.3% stake in Transnational Corporation Plc (Transcorp) to its chairman, Tony Elumelu. The group chairman of Transcorp, Elumelu, purchased Otedola’s shares on Thursday using Transcorp’s closing price at an options contract due to be paid in a series of instalments over time. …
Read More »
How Otedola Taught Elumelu Stock 101 It was late evening at the old BGL office in Victoria Island. Abagbon close was a beautiful bungalow it was BGL, where Albert Okumagba held sway. We were asked to hang around. A big meeting was about to take place. We knew it was …
Read More »
NIGERIAN businessman and billionaire, Femi Otedola has splashed £5million on a country house, to celebrate his daughter, DJ Cuppy, who marked her birthday on Friday. Born Florence Otedola, the disk jockey shared chats between herself and her father via Instagram on Friday. In the now-deleted posts, Otedola praised his daughter …
Read More »
Nigerian billionaire businessman, Femi Otedola, has revealed the interior of the Aristotle Onassis’ Christina O super luxury yacht, he rented to celebrate his 60th birthday, as he dined with his family and friends. Recall that Truth News Live had reported that he rented the yacht for three days to celebrate birthday on …
Read More »
