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Nigerian Music Legend, Davido is on a fast lane, celebrating the spirit of a New year,the Fia Crooner shared photos of himself with Billionaire Oil Mogul,Femi Otedola, DJ Cuppy and Richest Man in Nigeria, Dangote at the New Year Eve Event with DJ Cuppy. Imagine paying 500k just to watch some …...
Forbes, a website renowned for ranking of richest people in the world, has made available the list of richest people in Nigeria in 2017. In the latest release, 9 Nigerians made the billionaires club cut with some, just few million dollars away from reaching the benchmark.Below are top 10 richest...
Nigerian billionaire, Femi Otedola's Forte Oil has reported that its after-tax profit fell by 50 per cent for the full year ended on December 31st, 2016.
The leading Nigerian petroleum marketing company profit fell to N2.89 billion last year compared to N5.79 billion reported in the previous...
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Nigerian oil magnate, Femi Otedola has emerged one of the biggest African loser on the Forbes richest list in 2016.
Otedola's net worth plunged to $375 million, down from $1.8 billion a year ago. This means he's lost $1.425 billion, which represents a 79% plunge.
Otedola’s big drop in net...
Toronto Sisters, Jyoti and Kiran Matharoo, who were arrested and jailed for trying to blackmail Nigerian Billionaire, Femi Otedola have apologized.
READ: How Toronto Sisters Landed in Jail For Trying to Extort Otedola
In a video posted to YouTube, the Sisters issued an apology, over their...
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Toronto Sisters, Jyoti and Kiran Matharoo, have been arrested for trying to extort one of Nigeria’s richest men, billionaire Femi Otedola. The sisters were arraigned in Yaba Magistrate Court lastt Friday and will now remain in prison until their next appearance on January 27.
The sisters...
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Nigerian billionaire, Femi Otedola's forte oil made top gainer on Thursday as Nigerian equities market closed bullish.
The All Share Index appreciated by 0.18% to close at 6,464.82 basis points, compared with the 0.46% depreciation recorded previously.
The Year-to-Date (YTD) returns...
Nigerian Billionaire, Aliko Dangote was today awarded a honorary doctorate by Coventry University, UK.
Dangote attended the ceremony with his friend and fellow billionaire, Femi Otedola.
See photo below:
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Forte Oil, a leading Nigerian petroleum marketing company, has successfully raised N9 billion from a bond offering, according to a statement released on Friday.
According to the company, the fund will be used to refinance existing short term bank loans and fund retail outlet expansion.
“With...
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Nigerian business mogul and Chairman of Forte Oil Plc, Femi Otedola has fallen out of the ranking of Africa’s Billionaires after his net worth plunged from $1.8 billion to $550 million as a result of a massive drop in the stock price of his petroleum marketing company.
Forte Oil’s share price...
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5 months after winning a retweet challenge, a Twitter user, Dammy finally went on a dream date with Billionaire Femi Otedola’s daughter, DJ Cuppy.
See photos below:
See tweets that led to the date:
Ikechukwu Daniel, an armed robbery suspect has confessed that he hatched plans together with his gang to kidnap Femi Otedola but that it was foiled by the police.
He also confessed that his gang, which was linked to the kidnap of Senator Iyabo Anisholowo, operated with military uniforms and...
Temi Otedola, Daughter of billionaire oil mogul, Femi Otedola has released a Lagos edition of her Q&A video.
Temi who is popularly known as JTO Fashion answered some personal questions about her life and work in the video.
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DJ Cuppy, Daughter of billionaire Femi Otedola has finally opened up on how she felt about doing the “Lagos to London: Britain’s New Super Rich” documentary.
Speaking with Factory78, DJ Cuppy explains that she wasn’t too happy with the documentary but that she doesn’t regret doing it...
President of Togo, Faure Gnassingbe arrives Lagos this morning on official visit to Dangote Refinery in Lekki, Lagos, Southwest Nigeria.
Other dignitaries at the reception for the Togolese president at the airport were Aliko Dangote, Chairman, Dangote Group of Companies; Femi Otedola, Chairman...
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Nigerian oil magnate Femi Otedola in a Forbes TV program, 'My Worst Day', spoke about the problems he faced before becoming who he is today.
Femi Otedola narrated the story of how he lost everything he had worked so hard to build leaving him with only two choices; to commit suicide or weather...
A Federal Capital Territory (FCT) High Court, Abuja was yesterday told by a witness that former Chairman of the House of Representatives Ad-hoc Committee on Fuel Subsidy, Farouk Lawan, was caught on video receiving $500,000 from Femi Otedola.
In a report filed by the Guardian, the second...
Five Nigerians including Alhaji Aliko Dangote, Mike Adenuga; Femi Otedola; Folorunso Alakija and Abdulsamad Rabiu, were named in the Forbes 2016 World’s Billionaires’ list that was released on Tuesday.
The latest Forbes World Rich list profiled 1,810 billionaires across the globe.
While...
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Hearing is scheduled to commence tomorrow in the trial of the former chairman of the Ad-hoc Committee on Fuel Subsidy of the House of Representatives, Farouk Lawan, who allegedly accused of obtaining $620,000 bribe money from the chairman of Forte Oil, Femi Otedola.
A source at the Awomolo...
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