Tag: Otedola

Mr Otedola now holds approximately 11.9 billion shares in the financial institution, valued at about ₦1.74 trillion based on the ...

The new share purchase represents 3.91 per cent of the company's outstanding shares.

Mr Otedola executed the share purchase through the N45 billion second tranche of the lender’s N350 billion private placement programme.

Otedola says Dangote refinery and fertiliser projects have transformed Nigeria’s industrial landscape and reduced dependence on imports.

Mr Otedola noted that he is hoping to invest part of the proceeds of the divestment of his shareholding in ...

He acquired 549.5 million shares at N79 per unit on Wednesday through Calvados Global Services Limited, his special purpose acquisition.

The billionaire tycoon’s direct shareholding in the entity stood at 7.3 per cent or 3.3 billion shares as of 31 ...

“At First HoldCo, we decided to clean house properly. We took a huge one time hit of N748 billion to ...

The deal was valued at $750 million, a source close to Mr Otedola, with knowledge of the transaction told PREMIUM ...

He bought the shares through Calvados Global Services Limited, his special purpose acquisition vehicle.

President Tinubu extolled Mr Otedola's remarkable contributions to Nigeria's economic growth through his visionary entrepreneurship, investments in the energy sector, ...

With the new purchases, his current combined shareholding in the banking holding company stands at 12 per cent, translating into ...

However, he said, with Nigeria now refining fuel locally, such infrastructure is becoming increasingly unnecessary.

“Something struck me that day. I said, This is Temi's husband…”

Mr Otedola says PREMIUM TIMES and the other platforms help him "keep abreast of financial developments, breaking news and the ...

The energy magnate reflected on how his struggles with academics led him into business, where he built his fortune, and ...

In Making It Big, Mr Otedola reveals how a breakfast at Mr Obasanjo’s farm turned into a pledge that completed ...

The attorney general describes the report about First Holdco as “inaccurate, misleading, resentful and malicious.”

Shares in First HoldCo accelerated by 9.9 per cent to N32.2 per unit, emerging as the day’s 6th best-performing stock ...

Mr Otedola offered a strong hint of the release of the book on Wednesday morning, reflecting on the evolution of ...

In 2019, when news emerged that Chukwu was battling prostate cancer and required urgent medical care, Mr Otedola offered to ...

The latest donation is in addition to Mr Otedola’s previous donation of N2 billion for the construction of the first ...

With his latest acquisition of shares, Mr Otedola's holdings now stand at 13.16 per cent.

The government “canceled our stakes and thwarted our vision. But, as always, you refused to be deterred,” Mr Otedola said.

Mr Otedola says "I am particularly critical of the culture of flamboyance, especially the ownership and operation of private jets."