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Geregu Power Generates N50.4bn From Electricity Sales, Capacity Charge To Nigerians

Geregu Power Plc has generated N50.4bn on electricity sales and capacity charges to Nigerians in the first quarter of 2024.The power company which is...

Otedola Earned N15.7bn As Geregu Power Shareholders Approve N8 Dividends

The Chairman of Geregu Power Plc, Femi Otedola will earn at least N15.7bn as his share of dividend of the power company.This is following...

Otedola’s Geregu To Pay $4m To BPE For New Power Plant Acquisition

Geregu Power Plant owned by Femi Otedola obtained a $4m bid bond in favour of the Bureau of Public Enterprises for the acquisition of...

‘Rich Giving To The Rich’- Nigerians React After Femi Otedola Gave 750 Students Of Augustine University N1m Each

Nigerian billionaire Femi Otedola announced that he gave N1 million to each of the 750 students of Augustine University.The billionaire believes spending N750 million...

After Earning Billions From Elumelu, Otedola Sells 2.8 Million Shares In Geregu To Brother

Nigerian billionaire investor, Femi Otedola, has sold shares in his Geregu Power Plc, after a surprise exit from Transnational Corporation Plc a few days...

After Earning Billions From Elumelu, Otedola Acquires 2.8 Million More Shares In Geregu

Nigerian billionaire investor, Femi Otedola, has bought additional shares in his Geregu Power Plc, after a surprise exit from Transnational Corporation Plc a few...

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...

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...

NGX Market Capitalisation Hits All-Time High Of N51.13trn

Major listing by BUA Foods Plc, Federal Government and Access Corporation among others has pushed the Nigerian Exchange (NGX) Ltd to N51.13trn ($111bn) combined...

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