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Dangote Industries Limited, Aliko Dangote, has said that his friend and billionaire businessman, Femi Otedola, is welcome to take over Dangote Cement. Dangote ....
Nigerian billionaire investor, Femi Otedola, has disclosed that he offered to acquire Transcorp Plc for N250 billion and take the company’s market capitalisation to N2 trillion but his bid was rejected. ....
Nigeria's federal government has approved Transcorp Power as the preferred bidder for the Abuja Electricity Distribution Company (AEDC). Vice-President Yemi Osinbajo disclosed this on Tuesday at the commissioning of the Afam 3-fast power plant in Oyigbo LGA, Rivers state. “At the meeting of the National Council ....
Transnational Corporation Plc (Transcorp), Nigeria’s largest listed conglomerate held its 17th Annual General Meeting (AGM) and declared a dividend of 5k per share, a 150% increase over the previous year’s dividend. ....
Sources say Nigerian billionaire investor Femi Otedola is now the second largest shareholder of listed diversified conglomerate; Transcorp plc, after acquiring a 5.5 per cent stake in the company. ....