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Geregu

Yari’s Company Has Lost N607bn Since Buying Geregu Stake From Femi Otedola

August 14, 2026

The majority shareholder of Geregu Power, MA’AM Energy Limited, owned by Abdul-Aziz Abubakar Yari, former governor of Zamfara state, has lost 27.66 percent of its investment in the power-generating company since acquiring

FBN Holding Appoints Otedola As Chairman Days After Return To Forbes African Billionaires

Business News·Top Stories

First HoldCo Shareholders’ Investment Value Declines After Otedola Announced Interest In Dangote Refinery

May 21, 2026

The investment value of First HoldCo shareholders declined on Wednesday after Femi Otedola, the chairman of the company, announced his interest in acquiring a stake in Dangote refinery. According to the analysis

Business News·Top Stories

Cost Of Borrowing Pulling Down Geregu’s Profit

February 11, 2026

Despite a double-digit growth in Geregu Power’s top line, the company’s bottom line declined amid rising interest payments on its borrowings. Prime Business Africa gathered that Geregu’s revenue grew by 34.86 percent

Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Business News·Top Stories

Otedola Buys 369.98m First HoldCo Shares — After Taking Out N14.8bn From Geregu Investment

December 19, 2025

Femi Otedola, the chairman and majority shareholder of First HoldCo, has increased his stake in the financial institution by buying 369.98 million shares on Thursday, December 18. According to First HoldCo’s notification

Business News·Top Stories

Otedola Reduces Stake In Geregu — Third Time In Three Months

November 21, 2025

Femi Otedola, the chairman and majority shareholder of Geregu, has reduced his stake in the power-generating company, as he sold 4.29 million shares via a cross-deal stock transaction on November 11. Prime

Business News·Top Stories

Femi Otedola Loses N27.8bn As Investments In First HoldCo, Geregu Fall

May 9, 2025

Femi Otedola, the chairman of Geregu Power and First HoldCo, has lost a total of N27.8 billion year-to-date, according to an analysis of his stock market investments by Prime Business Africa. The

Business News

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

February 23, 2023

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

Business News·Markets

Equity Investors Earn N68.76 billion, As Stock Market Recovers

February 22, 2023

Investors made N68.76 billion on Wednesday, 22 February 2023, after the Nigerian stock market grew by 0.23 per cent. The gain raised the market capitalisation up to N29.58 trillion from N29.51 trillion.

Business News·Markets

Geregu, Veritas, Other Shareholders Pocket N44.03 billion As Bourse Rises By 0.15%

January 31, 2023

Nigerian bourse rose by 0.15 per cent on Tuesday, 31, January 2023, adding N44.03 billion to the stock market capitalisation. It lifted the equity valuation up from N28.95 trillion to N28.99 trillion.

Business News·Markets

Stock Market Investors Gain N83.50 billion, As Demand For Geregu, Wapic, Others Grow

January 26, 2023

The market capitalisation closed at N28.73 trillion on Thursday, 26 January 2023, after the Nigerian bourse rose by 0.29 per cent or N83.50 billion from N28.64 trillion. The growth was driven by

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business News·Markets

Stock Market Cap Hits N28.68 trillion, Geregu, Others Record Growth

January 23, 2023

The market capitalisation of the Nigerian bourse rose by 0.11 per cent or N34.32 billion on Monday to close at N28.68 trillion, against the previous trading session’s N28.64 trillion. It followed the

NGX: Investors Gain N313bn As ASI Rebound By 0.70%

Business News·Markets

Investors Pocket N124.46 billion After One Day Stock Trading

December 28, 2022

On Wednesday, the Nigerian bourse appreciated by 0.4 per cent, adding N124.46 billion to stock investors’ vault. The gain was recorded on return from Christmas break and public holiday of Monday and

Business News·Markets

Stock Roundup: BUA Cement Investors Gain Big, As Geregu Shareholders Lose Investment

December 10, 2022

About 1.225 billion shares worth N15.243 billion exchanged investors’ hands in 15,317 deals this week. The total trading value was in contrast to upper week’s 839.978 million shares exchanged in 16,183 deals,

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Business News·Markets

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Geregu

Yari’s Company Has Lost N607bn Since Buying Geregu Stake From Femi Otedola

First HoldCo Shareholders’ Investment Value Declines After Otedola Announced Interest In Dangote Refinery

Cost Of Borrowing Pulling Down Geregu’s Profit

Otedola Buys 369.98m First HoldCo Shares — After Taking Out N14.8bn From Geregu Investment

Otedola Reduces Stake In Geregu — Third Time In Three Months

Femi Otedola Loses N27.8bn As Investments In First HoldCo, Geregu Fall

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

Equity Investors Earn N68.76 billion, As Stock Market Recovers

Geregu, Veritas, Other Shareholders Pocket N44.03 billion As Bourse Rises By 0.15%

Stock Market Investors Gain N83.50 billion, As Demand For Geregu, Wapic, Others Grow

Stock Market Cap Hits N28.68 trillion, Geregu, Others Record Growth

Investors Pocket N124.46 billion After One Day Stock Trading

Stock Roundup: BUA Cement Investors Gain Big, As Geregu Shareholders Lose Investment

Geregu Leads Gainers’ List, As Airtel Africa Top Losers’ In Nigerian Stock Market

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