Browsing Tag
Femi Otedola
4 posts
Geregu Power faces scrutiny after missing N40 billion bond payment
Geregu Power, recently acquired by entities linked to Senator Yari, has defaulted on a N40 billion bond obligation amid a sharp decline in profitability.
August 10, 2026
Femi Otedola Increases FirstHoldco Stake to 26% Following N222 Billion Share Purchase
First HoldCo Chairman Femi Otedola has boosted his ownership in the company to 26 percent after a N222 billion share acquisition.
July 31, 2026
Femi Otedola Increases Stake in First HoldCo to 26% Following N222 Billion Purchase
Femi Otedola has expanded his interest in First HoldCo Plc to 26% after acquiring shares worth N222.2 billion, reinforcing his status as the primary individual investor.
July 30, 2026
Femi Otedola Increases First HoldCo Stake to 21.96 Percent in N77.6 Billion Deal
Chairman Femi Otedola has expanded his interest in First HoldCo Plc to 21.96 percent after purchasing over 700 million additional shares.
July 23, 2026