- Femi Otedola has acquired a significant stake in Transcorp Plc, one of Nigeria’s leading conglomerates
- The acquisition of Transcorp shares reportedly cost Otedola over N2 billion, adding to his already impressive portfolio of investments
- Otedola’s investment in Transcorp highlights his continued interest in the Nigerian business landscape
Nigerian billionaire businessman, Femi Otedola, has added another feather to his cap of investments with the acquisition of a significant stake in Transcorp Plc.
According to reports, Otedola now owns about 2.245 billion shares, representing 5.52per cent of the company making him the single largest shareholder.
