Femi Otedola close to mandatory takeover of First HoldCo, as WorldStage forecasts 51% controlling stake in 2027
WorldStage-- As Femi Otedola, Nigerian billionaire and Group Chairman of First HoldCo Plc, the parent of First Bank of Nigeria, ...
Tag: Femi Otedola
Femi Otedola expands First HoldCo stake to 27.7% in N12.58b acquisition, closer to the 30% threshold
WorldStage-- Femi Otedola, Group Chairman of First HoldCo Plc, has further solidified his dominant position in the financial services giant ...
Geregu Power’ chairman Yari indicts former owners of disappointing legacy after personally offset defaulted ₦40b bond
WorldStage-- The Board Chairman of Geregu Power Plc (GPP), Senator Abdul-aziz Abubakar Yari has shed more light on why he is ...
Geregu Power: Chairman’s bailout of ₦40b bond default further sustains market skepticism as stock fails to appreciate
WorldStage– Market sentiment on the stock of Geregu Power Plc (GPP) remained indifferent on Thursday despite the power generator’s confirmation of the payment ...
WorldStage’s report on Otedola’s widening grip on First HoldCo causes ripples beyond capital market, as AI Query raises financial-system-governance question
WorldStage-- The recent exclusive story by WorldStage on the connections between the payment default by Geregu Power Plc on its N40.09 ...
Femi Otedola raises overall stake in First HoldCo to 27.5% with fresh ₦20.7b share purchase
WorldStage-- Billionaire businessman and Chairman of First HoldCo Plc, Mr. Olufemi Otedola, CON, has further consolidated his position as the ...
Concerns over First HoldCo as Otedola’s recurring corporate ventures’ patterns receive spotlight following Geregu Power’s N40b bond default
WorldStage-- The recent credit default of Geregu Power Plc on its N40.09 billion Series 1 Bond after missing its 8th ...
Geregu Power reports recent developments in board/management with NGX on old letterhead with old directors
WorldStage-- Even though, Geregu Power Plc effected ownership change on 29 December 2025, with the previous board resigning and a ...
Geregu Power’s search for substantive CEO continues after corporate bond default, as Sani Jaoji replaces another Interim boss in six months
WorldStage-- The Board of Geregu Power Plc has responded to a significant and ongoing controversy in recent weeks, centered on ...
Geregu Power profit plunges 88% to ₦2.50b in H1 2026 as revenue falls sharply
WorldStage-- Geregu Power Plc has reported a steep decline in earnings for the half-year ended 30 June 2026, with profit ...
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