Femi Otedola Sells Majority Stake in Geregu Power Plc for ₦1.088 Trillion

Billionaire investor Femi Otedola has offloaded his controlling stake in Geregu Power Plc in a landmark transaction valued at ₦1.088 trillion, making it one of the largest deals in Nigeria’s power sector in recent times. The Nigerian Exchange Limited (NGX) confirmed the development on Monday, noting that the acquisition was funded by a consortium of […]