Nigerian businessman, Femi Otedola, has strongly denied claims linking him to the controversial fuel subsidy fraud investigated under former President Goodluck Jonathan’s administration. He described the allegations made by Umar …
Tag:
FEMI OTEDOLA
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BusinessEconomyEnergyGovernanceLabourOil & Gas
IPMAN President Urges Dialogue as DAPPMAN, NUPENG Clash with Dangote Refinery
The National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Shettima, has called on the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and the Nigerian …
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Banking, Finance & InvestmentBusinessEconomyGOVERNMENTMarkets
First HoldCo Plc Slams Over Misleading Reports
First HoldCo Plc has criticised recent reports by Arise TV and ThisDay Newspaper over the company’s recent high-value block trade on the Nigerian Exchange Limited (NGX). The financial services group …
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Banking, Finance & InvestmentINVESTMENTMarketsNigeria
FBN Holdings Sees N323.4 Billion Off-Market Share Trade
FBN Holdings Plc, the parent company of FirstBank Nigeria, recorded a massive off-market transaction on July 16, 2025, involving the sale of 10.43 billion units of its shares. The bulk …
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Banking, Finance & InvestmentBusinessGOVERNMENTLeadershipMarkets
Femi Otedola Set to Gain Full Control of First Holdco as Otudeko, Odukale Set to Exit.
The prolonged leadership and ownership tussle at First Holdco Plc, the parent company of Nigeria’s oldest financial institution, First Bank of Nigeria, is drawing to a historic close. Multiple sources …
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AfricaAFRICA NEWSBusinessEnergyNewsNigeriaWestern Africa
Geregu Power to list 2.5bn shares on Nigerian Exchange
Geregu Power, an electricity generation company has announced that it will be listing 2.5 billion ordinary shares of 50 kobo each at a share price of N100 per share on the Nigerian Exchange. Geregu …