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BusinessEconomy

Femi Otedola’s Fortune Reaches Record $2bn as First HoldCo Shares Surge

Nigerian billionaire businessman Femi Otedola’s estimated net worth has reached $2 billion for the first time, driven largely by the sharp increase in...

WorldAfricaBusinessNigeria

Dangote Refinery Targets $5 Billion IPO in Africa’s Biggest Ever Stock Market Listing

Nigeria's Dangote Petroleum Refinery is preparing for what is expected to become Africa's largest stock market listing, seeking to raise about $5 billion...

BusinessNigeria

Femi Otedola Increases First HoldCo Stake to 21.96%, Investment Hits N77.6 Billion

By Benson Daniel Billionaire businessman and Chairman of First HoldCo Plc, Femi Otedola, has increased his equity stake in the financial services group...