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Business

Herbert Wigwe Acquires More Access Bank Shares To Avoid Elumelu-Otedola Scenerio

In an apparent move to avert a scenario that played out between Tony Elumelu and Femi Otedola over Transnational Corporation’s ownership, Access Bank Holdings...
Business

Femi Otedola increases stake in Transcorp amid powerplay with Tony Elumelu

Femi Otedola has again increased his stake in Transnational Corporation (Transcorp) Plc amid a takeover move that was foiled by the company’s Chairman, Tony...
Business

Transcorp Ownership Battle: Otedola Quits Company As Elumelu Mops Up 1.99 Billion Shares

Tony Elumelu and Femi Otedola have reached an agreement that will see Otedola exit Transcorp, a company he recently owned over six per cent...
Business

Otedola ends Transcorp leadership drama, as Elumelu pays him over N30bn to exit

Femi Otedola has reportedly sold his 2.47 billion shares in Transnational Corporation (Transcorp) to Tony Elumelu, bringing an end to the powerplay between the...
Business

Otedola’s Geregu Power Plant Revenue Drops By N4.3bn In Q1

Geregu Power Plc controlled by billionaire businessman, Femi Otedola suffered a revenue drop of N4.3bn in the first quarter of 2023.The company’s revenue earnings...
Business

See the powerful men and women who own Transcorp

Recently, billionaire businessman Femi Otedola acquired about 5.52% of shares of TranscorpThe acquisition makes Otedola the second-highest shareholder of the CompanyTony Elumelu emerged as...
Business

What Otedola Told Transcorp Directors After Acquiring Highest Shares

Femi Otedola, the Chairman of Geregu Power Plc has said that he is willing to work with the board of Transnational Corporation Plc days...
Business

Transcorp confirms Femi Otedola paid N5bn for 5.52% stake in Elumelu’s company

Femi Otedola has acquired N5 billion worth of shares in a diversified investment company, Transnational Corporation (Transcorp) Plc.In a circular released to the stock...
Entertainment

DJ Cuppy causes commotion online as she considers being a backup singer for her junior colleague Asake

Nigerian singer and entertainer Florence Otedola, best known as DJ Cuppy, sparked some reactions onlineThe international disc jockey demanded from her fans and followers...
Business

Otedola, Daughter Rake In Over N19bn From Geregu Dividends Payment

Nigeria’s billionaire businessman and the chairman of Geregu Power Plant Plc, Femi Otedola, received N19.11bn as dividend payment for 2022.Geregu paid N21bn dividend to...
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