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Tony Elumelu: I Welcome Femi Otedola to Transcorp, I m Happy To See Active Indigenous Investors

Tony Elumelu: I Welcome Femi Otedola to Transcorp, I m Happy To See Active Indigenous Investors
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REVEALED: How Billionaire Femi Otedola Acquired 5 52% of Transcorp Shares

Before yesterday, UBA Chairman and Nigerian billionaire, Tony Elumelu, was the majority shareholder of Transnational Corporation of Nigeria Plc (Transcorp), a publicly traded diversified conglomerate. But that is now history, as Dangote’s best friend and DJ Cuppy's dad, Femi Otedola, has taken over the company from Tony through an overnight coup that happened yesterday at |

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Stock market gains N29bn, indices up 0 11%

Trading on the domestic stock market remained bullish with the market capitalisation gaining N28.73 billion to close at N26.908 trillion from N26.880 trillion posted on Wednesday. | Pulse Nigeria

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Equity market rebounds, indices gain by 0 39%

The Nigerian bourse rebounded on Wednesday with market capitalisation gaining N104.54 billion or 0.39 per cent to close at N26.880 trillion in contrast with N26.775 trillion posted on Tuesday. | Pulse Nigeria

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Obasanjo, Osinbajo to grace coronation of Mutawalle of Ilorin

Former President Olusegun Obasanjo and Vice-Prseident Yomi Osinbajo are expected to grace the coronation ceremony of Mutawalle of Ilorin, Dr Alimi AbdulRazaq. | Pulse Nigeria

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