femi otedola

OTEDOLA REGAINS POSITION AS FIRST BANK’s MAJORITY SHAREHOLDER, INCREASES STAKE TO 9.41% Nigerian billionaire Femi Otedola, Chairman of FBN Holdings, has reclaimed his status as the majority shareholder of First Bank. Otedola now holds a 9.41% stake in the bank following a significant...

Femi Otedola exposes Zenith Bank CEO for fund misappropriation Nigerian billionaire businessman Femi Otedola exposes the CEO of Zenith Bank, Jim Ovia, for fund misappropriation after detecting some fraudulent activities in his company's account—Seaforce Shipping Limited. It was reported that an...

Femi Otedola sues Zenith Bank, demands N100 billion compensation Nigerian billionaire businessman, Femi Otedola sues Zenith Bank and demands a N100 billion compensation. He personally sued Zenith Bank and also sued them in the name of his companies: Zenon Petroleum and Gas Limited, Seaforce...

Billionaire Femi Otedola mourns Access Bank CEO Herbert Wigwe, and recalls meeting him and Africa's richest man Aliko Dangote in Lagos a few weeks before his passing. Herbert Wigwe, his wife Chizoba Wigwe, and his son Chizi died in a helicopter crash near Nipton, California yesterday 10th...

Femi Otedola appointed as the new chairman of FBN Holdings PLC FBN Holdings PLC, the parent company of First Bank of Nigeria has appointed Femi Otedola as the new chairman of the Board of Directors, succeeding Alhaji Ahmad Abdullah. This was announced through an official press release from FBN...

Femi Otedola acquires N6 billion worth of shares in Dangote Cement Popular Nigerian Businessman, Femi Otedola has acquired a sum of N6 billion worth of shares from Dangote cement industries. It was a source who had knowledge of the business transaction who revealed this to some newsmen on...

Billionaire Femi Otedola has congratulated his friend, the richest man in Africa, Aliko Dangote as his Lagos refinery starts production of diesel and aviation fuel. The refinery which was commissioned in May 2023 by the former president of Nigeria, Muhammadu Buhari, commenced production of...

Femi Otedola refers to Dangote as his 'bestie' as he congratulates him for his refinery Popular Nigerian billionaire businessman Femi Otedola has congratulated Aliko Dangote for his refinery. He congratulated him because his refinery is set to begin production as they have received their...

Nigerian singer Oluwatosin Ajibade popularly known as Mr Eazi said his father-in-law Femi Otedola doesn't own a private jet. In an interview with Naija FM, Mr Eazi was asked if he has a private jet due to his regular travels and he answered saying he doesn't own a private jet. Mr Eazi said...

Netizens have reacted to the hilarious birthday message of Nigerian billionaire Femi Otedola to his second daughter Florence Ifeoluwa Otedola popularly known as DJ Cuppy. DJ Cuppy turned 31 yesterday Saturday November 11th, 2023 and took to her social media page to wish herself a happy...

Netizens have reacted greatly to Nigerian actress and daughter of Nigerian billionaire Temi Otedola's video showing her fans what a day in her life with her wealthy family in Lagos looks like. The actress and model took to her social media page to show her fans a day in her life as she...

Billionaire Femi Otedola's daughter and Nigerian disc jockey Florence Ifeoluwa Otedola popularly known as DJ Cuppy has begged her fans to buy her a brand new iPhone 15 Pro Max after losing her phone in London. This is coming few days after her billionaire father Femi Otedola donated a...

Nigerian billionaire and philanthropist Femi Otedola gifts a whopping sum of 1 million naira to each student of Augustine University as he becomes the university's vice-chancellor. The 60-year old was installed as the new vice-chancellor of Augustine University, a private university in...

With the staggering economy in Nigeria and stocks experiencing major declines, FBN Holdings Plc, a financial services company, has announced that it will raise new capital subject to approval from shareholders at the group's annual general meeting next month. This information was stated in the...

Renowned Nigerian billionaire, Femi Otedola, recently divests shares from Geregu Plc, a company he holds a majority stake in. The transaction details, disclosed on the NGX, indicate that Otedola sold 1,875,000 shares at N288.9 and 948,092 shares at N290.7, totaling 2,823,092 shares valued at...

At the ceremony commemorating the inauguration of the Dangote refinery in Lagos, Godwin Emefiele, the President of the Central Bank of Nigeria, revealed that the refinery's operations would exert a substantial influence on Nigeria's foreign exchange (FX) reserves. Emefiele emphasized that once...

This is life of the rich people, the live life that an average Nigerians cannot live. DJ Cuppy, whose real name is Florence Otedola is a daughter to Billionaire Femi Otedola. Since Covid-19 started, she's been living in the UK with her family and she is very been very active on social media...