Capital Market
Femi Otedola to earn $17.6m from Geregu Power as firm remains only trillion naira company on NGX
Femi Otedola will earn an astounding $17.6 million dividend from his investment in Geregu Power, which places him as one of the top earners in Nigeria.
First Bank lists Otudeko’s firm as majority investor, Otedola drops to second position
Barbican Capital Limited, owned by Oba Otudeko, has emerged as the majority investor in FBN Holdings Limited, with Femi Otedola dropping to the second position.
Nigerian billionaire Femi Otedola sells N399m worth of Geregu shares
Serial investor and Nigerian billionaire Femi Otedola has decided to make some cash by selling some of his shares in Geregu Powers through another company.
Investors' rush for Dangote Cement, BUA Cement, others pushes Nigeria's stock index to record level
The rally in Nigeria’s stock market continued, with the NGX All-Share Index reaching 101,571.11 basis points, surpassing a significant milestone...
“Your money at risk”: SEC shuts down 13-year-old investment company, sends warning to Nigerians
The Securities and Exchange Commission (SEC) has taken the decision to shut down yet another investment company for providing illegal financial services.
"I focus on long-term wealth": Femi Otedola explains why he bought Dangote Cement shares
Nigerian billionaire Femi Otedola has given an explanation for why he decided to purchase shares in the cement company controlled by Aliko Dangote.
After Otedola's share acquisition, Dangote Cement hits N10 trillion capitalisation
The market capitalization of Dangote Cement has crossed N10 trillion, the first Nigerian company on the Nigerian Exchange Limited to achieve the feat.
After visit to refinery, Nigeria’s 4th richest man, Otedola invests in Dangote Cement
After visiting Dangote refinery, Femi Otedola reportedly invested in Dangote Cement, which saw the shares of the cement company rise by 50 per cent in the past week.
Dangote Cement overtakes Airtel to become most valuable company in Nigeria
Dangote Cement is on the list of the most valuable companies in Nigeria, as its market capitalization has increased thanks to its strong performance on the NGX.
Capital Market
Load more