Femi Otedola
13 hours ago
Around the mid-week of April 2021, the U-17 World Cup-winning goalkeeper Dele Ajiboye and Enyimba striker, Tosin Omoyele, urged billionaire businessmen Aliko Dangote and Femi Otedola to invest in the Nigeria Professional Football League.
8 Apr
Business mogul, Tony Elumelu, said that he is evaluating the viability of buying or acquiring one of the clubs in the Nigerian Premier Football League (NPFL). Elumelu made this disclosure on Monday in a post on his X handle, revealing that the Minister of Sports and Youth Development, Senator John Owan-Enoh has also approached him…
11 Mar
These days, it seems he is determined to give away money with the same intentionality and assiduousness with which he made it in the first place. And with each giving over the years – whether singlehanded or in concert with others – he has set a benchmark for others of his status, as well as…
1 Feb
The struggle to control assets of Nigeria’s oldest bank, FBN Holdings Plc, seems to be over as the bank yesterday, name billionaire businessman and chairman of Geregu Power Plant, Femi Otedola new Chairman of the Board of Directors.
31 Jan
Fresh off his return to the Forbes Africa Billionaires list after a seven-year hiatus, Otedola, with a net worth estimated at $1.1 billion, takes the reins from Ahmad Abdullahi. His appointment, effective immediately, follows a board meeting held earlier today. This news adds an intriguing layer to the ongoing saga surrounding FBN Holdings. In mid-2023,…
31 Jan
Culture enthusiast and journalist, Jahman Oladejo Anikulapo; businessman and philanthropist, Femi Otedola; author and businesswoman, Ibukun Awosika; and medical doctor and televangelist are among Nigerians listed on Reputation Poll International (RPI) 100 Most Reputable Africans for the year 2024.
27 Jan
The Supreme Court has affirmed the judgment of a lower court that sentenced former House of Representatives member, Farouk Lawan, to five years imprisonment for receiving a bribe of $500,000 from a businessman, Femi Otedola.
23 Jan
After a six-year hiatus, Nigerian business magnate Femi Otedola has returned to the Forbes Africa list of the richest people, landing at No. 20 with a fortune of $1 billion. Otedola's comeback marks a significant milestone. He last graced the Forbes Africa list in 2017 with his controlling stake in fuel distributor Forte Oil. However,…
22 Jan
Billionaire businessman Femi Otedola has extended his congratulations to his niece, Tiwi, and Nollywood actor Kunle Remi on their recent wedding. The traditional ceremony took place in Ibadan, hosting various celebrities and attended by Otedola, his wife Nana, and Remi's colleagues in the film industry. The couple exchanged vows at the All Saints Chapel on…
15 Jan
Femi Otedola, the ever-dynamic Nigerian investor, has electrified the Forbes Nigeria ranks, powering up to the coveted fourth position with a $1.2 billion valuation. This meteoric rise owes much to his strategic play in the energy sector, specifically his controlling stake in Geregu Power Plc. Otedola's Geregu gambit proved masterful. Holding over 70% of the…
11 Dec
Billionaire businessman, Femi Otedola, on Sunday, said Nigeria and the West African sub-region had a lot to benefit from the Dangote Refinery as it officially commenced production.
9 Dec
Disc Jockey Cuppy, daughter of billionaire Femi Otedola, caused quite a stir on the Internet recently when she posted that she was in her father’s private jet eating ‘assaulted’ meat.
Latest
22 mins ago
Leicester City striker Kelechi Iheanacho faces uncertainty regarding his future as his contract nears its end, with reports suggesting that the club may not extend his contract beyond this season. The Nigerian attacker joined Leicester City from Manchester City in 2017. However, with his contract approaching its expiration, speculation has arisen regarding his next move.…
35 mins ago
Napoli are exploring potential replacements for their star forward, Victor Osimhen, who is expected to leave the club during the summer transfer window. Among the potential candidates, Super Eagles striker Terem Moffi has caught the attention of the Italian club as a possible replacement for Osimhen. Moffi's outstanding performances in Ligue 1 with OGC Nice…
38 mins ago
Wilfred Ndidi, the Super Eagles and Leicester City midfielder, has made clear his ambition to move to one of the top six Premier League clubs when the upcoming transfer window opens. The 27-year-old has had a resurgent season with the Foxes under the management of Enzo Maresca, scoring six goals and providing six assists in…
41 mins ago
Russian President Vladimir Putin said Thursday he plans to visit China in May, in what would be his first trip abroad since re-election as the two forge closer ties.
43 mins ago
Montpellier striker Akor Adams remains optimistic about his prospects of earning a spot in Nigeria's Super Eagles squad, despite the fierce competition among the team's forwards. Adams gained attention this year after moving from Norwegian club Lillestrom in a deal worth €4.5 million. The 24-year-old started his Ligue 1 season impressively, scoring seven goals in…
44 mins ago
To encourage voters to turn out in elections, companies in Bengaluru have offered free beers and transportation to voters. President of the hotel association PC Rao told the Bangalore Mirror newspaper, "Different hotels and restaurants will be providing different things to the voters based on their personal call. "While some of these places will provide…
46 mins ago
A key witness in the criminal trial of Donald Trump detailed Thursday how he worked with the former president's personal lawyer to kill a Playboy model's story about a sexual relationship with the Republican.
48 mins ago
The Chief of Naval Staff (CNS) Vice Admiral Emmanuel Ogalla has said he is extending the duration of a special operation launched to combat crude oil theft in the Niger Delta region dubbed Operation Delta Sanity by another 90 days. The special operation which was launched on January 6, 2024 was to combat crude oil theft…
52 mins ago
Head Coach Bankole Olowookere has called up 25 players to the camp of Nigeria's U17 Girls National Team, Flamingos, in preparation for the upcoming FIFA U17 Women’s World Cup qualifying match against Burkina Faso. This squad selection is part of the lead-up to the third round of the African qualifying series. The list includes a…
52 mins ago
Telecommunications companies operating in Nigeria Airtel, MTN, 9Mobile, and Glo, are proposing an increment of tariff. The Association of Licensed Telecommunications Operators of Nigeria (ALTON) and the Association of Telecommunication Companies of Nigeria (ATCON) on Thursday, in a joint statement said the current price control mechanism is not at par with the economic realities. Consequently,…