Billionaire businessman and chairman of Geregu Power Plc, Mr Femi Otedola, has emerged as the chairperson of the board of FBN Holdings Plc, whose flagship arm is First Bank. Otedola was passed the baton at a meeting of the Board of Directors of the Group in Lagos on Wednesday. He succeeded Ahmad Abdullahi, a seasoned economist who was appointed chair of the Holdco on 17 December 2021. Otedola became a non-executive director of FBN Holdings on 14 August 2023, months after he acquired a substantial stake in First Bank. The…
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Naira Rain; Otedola Gifts All 750 Students of Augustine Varsity N1m Each
Nigerian billionaire, Femi Otedola, has donated a sum of N1 million to each of the 750 students of Augustine University. The newly inaugurated Chancellor of Augustine University announced the scholarship donation to each student enrolled in the institution for the 2023/2024 academic session, including new and returning students. READ ALSO: 1590/1600: How I Did It, Nigerian Student Who Broke SAT Record Speaks Fry Pan to Fire, EFCC Detains Emefiele After DSS Frees ex-CBN Gov I’d Have Committed Suicide – Femi Otedola Elumelu Is A Betrayer Otedola Declares As…
Read MoreFemi Otedola Gifts DJ Cuppy House Worth N2.6bn On Birthday
Nigerian billionaire businessman, Femi Otedola has left his daughter, Florence who is popularly known as DJ Cuppy speechless as he gifted her a country house… Nigerian billionaire businessman, Femi Otedola has left his daughter, Florence who is popularly known as DJ Cuppy speechless as he gifted her a country house worth £5,000,000(N2.6bn). The popular disc jockey turned 30 on Friday. She revealed the gift she got from her dad as she shared a screenshot of a conversation she had with the business mogul. In their chat, Cuppy accused her father…
Read MoreAFCON: $50,000 for 1 goal, Billionaires Rain Dollars on Super Eagles
$250,000 from Otedola, $50,000 from Onyeama, lift Cup, smile to the Bank, CBN Governor tells Eagles at Camp in Cameroon Super Eagles players will get $50,000 for one goal scored during the knockout stage. This is asides the $80,000 they have already earned for the goals they scored in their last three matches in the group stage at the ongoing Africa Cup of Nations in Cameroon. Platforms Africa reports that Governor of the Central Bank of Nigeria, Godwin Emefiele, broke the news to the players on Wednesday at the…
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