Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu, and Femi Otedola emerged as the only Nigerians featured in Forbes' 2024 billionaires list, announced on Tuesday.
Despite global inflation and political turmoil, Forbes reported a surge in billionaire numbers, with 2,781 individuals worldwide – a...
FBN Holdings undergoes a significant leadership transition as billionaire Femi Otedola assumes the Chairman role, accompanied by appointing five new directors. The announcement includes the addition of Olusola Adeeyo and Viswanathan Shankar as non-executive directors for FBN Holdings, and...
Popular DJ, Florence Otedola, professionally known as DJ Cuppy, revealed that 2023 was one of her most challenging years due to her difficulty in declining various commitments. Speaking at a recent public event, Cuppy admitted to burnout, citing her inability to say no to numerous opportunities...
FBN Holdings has appointed billionaire businessman Femi Otedola as the new Chairman of its Board of Directors, succeeding Ahmad Abdullahi. The announcement, filed with the Nigerian Exchange Limited, follows Otedola's earlier appointment as a Non-Executive Director in August 2023, ratified by...
At the Dangote Cement customers appreciation event in Lagos, Aliko Dangote, the President/Chief Executive of Dangote Industries Limited, extended a warm welcome to his billionaire friend, Femi Otedola, expressing openness to Otedola's potential corporate takeover of Dangote Cement.
During the...
The fortunes of Africa's wealthiest have experienced a modest rebound in the past 12 months, overcoming a previous decline, as revealed by the 2024 Forbes list of Africa's Richest. The net worth of the top 20 billionaires now stands at a combined $82.4 billion, indicating a $900 million increase...
Billionaire investor Femi Otedola has released a comprehensive statement explaining his recent acquisition of shares in Dangote Cement, one of Nigeria's leading companies. The press release underscores Otedola's strategic approach, emphasizing long-term wealth preservation, export potential, and...
Billionaire tycoon Femi Otedola has acquired shares worth ₦6 billion in Dangote Cement Plc, as revealed by a reliable source.
The acquisition adds to Otedola's diverse portfolio, showcasing strategic investments in key sectors. Dangote Cement, currently the largest company in Nigeria by market...
Billionaire investor Femi Otedola has reclaimed his position as one of Nigeria's top billionaires, securing the fourth spot with a current valuation of $1.2 billion, as reported by Forbes. This remarkable ascent is attributed to Otedola's strategic moves in the energy sector, particularly his...
Ryan Taylor, former flame of Nigerian DJ Cuppy, has unveiled the real reason behind his breakups, including his high-profile split with billionaire Femi Otedola's daughter. The revelation unfolded when Taylor took to Instagram with an intriguing post, inviting people to share something new about...
Nigerian musician and entrepreneur, Mr Eazi, clarified misconceptions about his father-in-law, Femi Otedola, stating that the billionaire does not own a private jet, contrary to popular belief. Speaking on Naija FM, Mr Eazi explained that despite his frequent travels, he primarily uses...
Renowned Nigerian billionaire and philanthropist Femi Otedola has donated a remarkable N750 million to Augustine University, offering each of its 750 students a scholarship worth N1 million. As the newly appointed Chancellor of Augustine University, Otedola revealed this generous scholarship...
Billionaire businessman Femi Otedola has been appointed as a non-executive director at First Bank of Nigeria (FBN) Holdings. The announcement came through a corporate filing on Wednesday, signed by Adewale Arogundade, the acting secretary of the company. Otedola's appointment took effect on...
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