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FEMI OTEDOLA

News and Analysis about Femi Otedola. The Chairman and majority shareholder of Forte Oil Plc

As the first half of 2024 concludes and we approach the second half of the year, Nigeria’s high-net-worth individuals have been diligently managing their finances and strategizing for expansion amid the country’s challenging business environment.
Femi Otedola, the chairman of FBN Holdings, has once again increased his stake in the company, further cementing his position as the single largest shareholder of the financial services giant. 
Nigerian billionaire, Femi Otedola, the Chairman of FBN Holdings has regained his position as the majority shareholder of...
Femi Otedola has filed a notice of discontinuance in his case against Zenith Bank
In widely circulating reports, it has been said that Mr. Otedola has expressed grave discomfort with the way his accounts have been handled in your institution.
Billionaire businessman Femi Otedola has accused Jim Ovia, chairman of Zenith Bank, of engaging in fraudulent activities involving the bank account of his company, Seaforce Shipping Limited.
Geregu Power Plc has entered a partnership with Siemens Energy to expand the capacity of the Geregu 1 power plant in the country. 
Femi Otedola, chairman of FBN Holdings and principal owner of Geregu Power, has levelled serious accusations against Zenith Bank, alleging fraud and mismanagement in dealings involving his former company, Zenon Petroleum & Gas, and other related firms, according to a report by Premium Times.  
Forbes, the world’s most authoritative voice in wealth reporting recently released its 2024 list with four Nigerians making the cut.  
The dividend will be distributed to the eligible shareholders whose names appear in the Register of Members on February 17, 2023.
Nigeria's oldest bank, FBN Holdings became the most capitalized bank in Nigeria at the close of trading on Monday 25th February 2024.
President Bola Tinubu has set up an economic advisory committee constituting members of the private sector players such as Aliko Dangote, Femi Otedola, Tony Elumelu, Innocent Chukwuma (Innoson), Abdul Samad Rabiu (BUA), among others.