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Osinbajo commissions Afam 3 power plant

Osinbajo spoke on Tuesday at the official commissioning of the 240MW, AFAM 3 Fast Power Project in Port Harcourt, Rivers State, where he represented...

Business

Transcorp Power Plant Will Revive Nigeria’s Electricity Industry_ Osinbajo

Nigeria’s Vice President, Prof. Yemi Osinbajo has revealed that the Transcorp Afam 3 power plant with a capacity of 240-megawatt will boost Nigeria’s electricity...

Business

Otedola reveals why he moved to control Transcorp, claims Elumelu betrayed him in business deals

Billionaire investor, Femi Otedola, has disclosed that the Chairman of United Bank for Africa (UBA), Tony Elumelu, betrayed his trust after going into business...

Business

‘I offered to buy Transcorp for N250bn but was turned down,’ Otedola breaks silence

Recently, Otedola acquired a 5.52 percent stake in Transcorp Plc to become the second largest shareholder of the company, but then sold out his...

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

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

Tony Elumelu makes N638.8m as Otedola acquires controlling stake in Transcorp

The chairman of Transnational Corporation (Transcorp) Plc, Tony Elumelu, became N638.88 million richer this week following the billionaire businessman, Femi Otedola’s investment in the...

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