Tag Archives: Otedola

Popular businessman, Mr Femi Otedola has said he offered to buy Transnational Corporation of Nigeria (Transcorp) Plc at N250 billion, with a goal of maximising the potential of the conglomerate to a N2 trillion company. He said his recent purchase of a substantial stake in Transcorp was done with the best intentions and to unlock the value of the conglomerate ...

The Nigerian investing community is currently embroiled in controversy as a clash is brewing between Messrs Femi Otedola and Hassan Odukale over the controlling shares of First Bank of Nigeria Holdings (FBNH) Plc. It was reported on Friday reported that the bank disclosed to the investing community via a statement from the Nigerian Exchange Limited (NGX)’s website that it was ...