Femi Otedola – Page 3 of 4 – Prime Business Africa

Femi Otedola Reveals Tony Elumelu Backstabbed Him, Took Over His UBA, Transcorp investments, Stole Business Idea

Tony Elumelu Allegedly Pays Femi Otedola Over N32 billion To End Transcorp Plc Power Tussle

Tony Elumelu has reportedly buyout Femi Otedola in Transnational Corporation (Transcorp) to put an end to the hostile takeover which started two weeks ago. Otedola allegedly sold the 2.6 billion shares he

Fakoyejo Olalekan

April 28, 2023

Tony Elumelu Parts With N633.14 million To Prevent Hostile Takeover In UBA

Business

Elumelu Reveals Condition For Transcorp Plc’s Power Subsidiary To List On Nigerian Stock Market

Transnational Corporation (Transcorp) Plc Chairman, Tony Elumelu, has disclosed that the company will conduct a public initial offering for its subsidiary, Transcorp Power, within the next five years. Elumelu said while rumours

Fakoyejo Olalekan

April 27, 2023

Business

Tony Elumelu Displaces Femi Otedola With N23 billion Transcorp Share Acquisition

Femi Otedola’s share acquisition at Transnational Corporation (Transcorp) has triggered a leadership tussle, as Tony Elumelu acquires more shares to prevent losing his position in the diversified investment company. Elumelu acquired 9.69

Fakoyejo Olalekan

April 27, 2023

Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Business

Femi Otedola, On Twitter, ‘Notifies’ TransCorp Board Of Majority Share Purchase

Femi Otedola has confirmed that he acquired shares in a diversified investment company, Transnational Corporation (Transcorp) Plc. In the past two weeks, reports had circulated that Otedola is buying up shares in

Fakoyejo Olalekan

April 24, 2023

Femi Otedola Sells Geregu Shares After Plan To Acquire Transcorp Fails

Business

Otedola Finally Confirms Acquiring N5 billion Shares In Transcorp Plc

Transnational Corporation (Transcorp) Plc, on Thursday, 20 April, revealed that Femi Otedola acquired a majority stake in the diversified investment company. Transcorp said Otedola, who is also the majority investor in Geregu

Fakoyejo Olalekan

April 20, 2023

Business

Femi Otedola Spends N3.14 billion To Acquire Shares In Elumelu’s TransCorp

Nigerian billionaire (in Naira), Femi Otedola, has reportedly acquired 5.52 per cent ownership of diversified investment firm, Transnational Corporation (TransCorp). The acquisition cost Otedola N3.14 billion (based on the share price of

Fakoyejo Olalekan

April 14, 2023

Business

Femi Otedola Sells 5% Of Geregu Power To Africa’s Supranational Bank

Africa Export and Import Bank (Afreximbank), a supranational bank, has acquired a five per cent stake in the electricity-generating firm, Geregu Power Plc, owned by Femi Otedola. According to a document released

Fakoyejo Olalekan

February 23, 2023

Business·Insights·Markets

How Femi Otedola’s Decision To Sell Geregu Stake Cost Shareholders N60.50 billion

Shareholders of Geregu Power, the company owned by Femi Otedola, will have little or nothing to celebrate this Christmas season, having lost most of the returns on their investment within two weeks.

Fakoyejo Olalekan

December 20, 2022

Business·Insights

5 Billionaire Investors Otedola, Ovia, Otudeko, Makanjuola, Adefisan Sell Over N88.14 billion Shares In 2022

Nigerian billionaire investors have been busy in the Nigerian stock market this year, selling off their shares for various reasons in the last ten months. Prime Business Africa tracked the market activities

Fakoyejo Olalekan

October 10, 2022

Business·Insights

Femi Otedola, Others Make N52 billion In One Day, Amid Plans To Buy Power Plant

Investors queued to have their hands on the shares of Geregu Power on Wednesday, as the electricity power plant company debuted on the Nigerian stock exchange. Interest were high for Geregu Power

Fakoyejo Olalekan

October 6, 2022

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Femi Otedola - Page 3

Tony Elumelu Allegedly Pays Femi Otedola Over N32 billion To End Transcorp Plc Power Tussle

Elumelu Reveals Condition For Transcorp Plc’s Power Subsidiary To List On Nigerian Stock Market

Tony Elumelu Displaces Femi Otedola With N23 billion Transcorp Share Acquisition

Femi Otedola, On Twitter, ‘Notifies’ TransCorp Board Of Majority Share Purchase

Otedola Finally Confirms Acquiring N5 billion Shares In Transcorp Plc

Femi Otedola Spends N3.14 billion To Acquire Shares In Elumelu’s TransCorp

Femi Otedola Sells 5% Of Geregu Power To Africa’s Supranational Bank

How Femi Otedola’s Decision To Sell Geregu Stake Cost Shareholders N60.50 billion

5 Billionaire Investors Otedola, Ovia, Otudeko, Makanjuola, Adefisan Sell Over N88.14 billion Shares In 2022

Femi Otedola, Others Make N52 billion In One Day, Amid Plans To Buy Power Plant

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