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Femi Otedola

  • In the NewsMarketsOil & Gas

    Otedola Sells Geregu Stake to Fund Planned Investment in Dangote Refinery IPO

    by Oluwatosin Racheal Alabi May 22, 2026
    by Oluwatosin Racheal Alabi May 22, 2026

    KEY POINTS Nigerian billionaire businessman Femi Otedola has revealed that he sold his stake in Geregu Power Plc in order to position himself for a major investment in the proposed …

  • In the NewsOil & Gas

    Otedola Eyes $100m Stake in Dangote Refinery as IPO Plans Attract Investors

    by Oluwatosin Racheal Alabi May 21, 2026
    by Oluwatosin Racheal Alabi May 21, 2026

    KEY POINTS Chairman of FirstHoldCo, Femi Otedola, has expressed interest in acquiring $100 million worth of shares in the proposed Initial Public Offering (IPO) of the Dangote Petroleum Refinery and …

  • In the News

    Otedola Denies Funding Dangote Refinery, says Claims are False and Misleading

    by Oluwatosin Racheal Alabi May 5, 2026
    by Oluwatosin Racheal Alabi May 5, 2026

    KEY POINTS Nigerian billionaire businessman, Femi Otedola, has denied reports claiming he funded the Dangote Petroleum Refinery, describing the claims as false and misleading. In a post on X (formerly …

  • In the News

    Femi Otedola Could Drop Below N1000/$ as Dangote hits full capacity

    by Oluwatosin Racheal Alabi February 13, 2026
    by Oluwatosin Racheal Alabi February 13, 2026

    KEY POINTS The Dangote Petroleum Refinery has attained full operational capacity, with its Crude Distillation Unit and Motor Spirit production block now running at their designed limit of 650,000 barrels …

  • Energy TransitionIn the News

    Femi Otedola Exits Geregu Power in $750 Million Stake Sale

    by Oluwatosin Racheal Alabi December 30, 2025
    by Oluwatosin Racheal Alabi December 30, 2025

    KEY POINTS Nigerian billionaire Femi Otedola has sold his majority stake in Geregu Power Plc, one of the country’s main electricity generators, in a deal valued at $750 million. The …

  • Markets

    Otedola Reveals Shocking Shift in Bank Relations During Business Crisis in New Memoir

    by Oluwatosin Racheal Alabi August 5, 2025
    by Oluwatosin Racheal Alabi August 5, 2025

    KEY POINTS In a candid revelation from his upcoming memoir, Making It Big: Lessons from a Life in Business, Femi Otedola, Nigeria’s billionaire investor and philanthropist, shares a harrowing chapter …

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© 2025 Energy News Africa Plus. All Rights Reserved.