FBN Holdings Plc, a leading financial institution in Nigeria, has announced the appointment of Mr. Olufemi Peter Otedola, CON, as its new Chairman of the Board of Directors. This appointment, effective January 31, 2024, follows a recent meeting of the board where Mr. Otedola succeeds Alhaji Ahmad Abdullahi. Mr. Otedola, a renowned business mogul with
Femi Otedola Accuses Tony Elumelu Of Backstabbing
Nigerian famous billionaire businessman, Femi Otedola has accused his colleague, Tony Elumelu of backstabbing to buy his Transcorp Plc shares when he (Otedola) was bankrupt. Otedola said this in a press statement on Tuesday, saying he proposed to buy Transcorp Plc for N250billion, bringing the company’s market value to N2trillion, but his bid was rejected. Recall
Femi Otedola sells his Transcorp shares to Tony Elumelu
Femi Otedola has sold his Transcorp shares to Tony Elumelu after mutual friends intervened. The battle for the ownership of Nigeria’s biggest conglomerate between two of Nigeria’s finest business tycoons, Tony Elumelu and Femi Otedola, has finally come to an end as Femi Otedola has sold his Transcorp shares with a premium to Tony after mutual
Femi Otedola celebrates 60th birthday with N2B naira yatch (video)
Nigerian billionaire, Femi Otedola celebrated his 60th birthday inside a yacht said to cost about N2 billion Naira to rent. Otedola also said he has a girlfriend from the Philippines while exchanging greetings with the cabin crew members. Watch video below. To mark his 60th birthday, billionaire businessman, Femi Otedola splashes over N2billion on a super
Mr Eazi and Temi Otedola reportedly fix wedding date
Popular singer, Oluwatosin Ajibade better known as Mr Eazi and his fiancee, Temi Odetola have reportedly set the date for their wedding. Recall that fans drooled on social media after the singer proposed to the billionaire’s daughter and subsequently got a YES in a romantic atmosphere. The video which was shared on social media triggered reactions from the Otedola
Billionaire Femi Otedola reacts to her Daughter’s engagement to mr. Eazi
Nigerian businessman, Femi Otedola, has reacted to the engagement of Temi, his daughter, to her long-term boyfriend and musician, Mr Eazi. On Sunday, Temi shared a loved-up video clip wherein the singer proposed to her. While reacting to the proposal, the billionaire wrote, “Somebody is taking my baby” in a terse post. His reaction comes
2022 Richest Men In Nigeria – Forbes Nigeria billionaire List: Cars And Private Jets
Curious about who the richest men in Nigeria are? Are you even more curious about the kind of lifestyle they enjoy- the cars they car, and their private jets? If you answer yes to the above, then you are definitely on the right page. Ensure you read till the end to know the 2022 richest
Has Otedola bought over First bank?
The holding company of First Bank of Nigeria, FBN Holdings Plc, has said it has not received any notification of acquisition from the former CEO of Forte Oil, Femi Otedola. In a statement sent to the Nigerian Exchange Limited, the Company Secretary, Seyi Kosoko, responded to the reports that Otedola had allegedly acquired 5 per