Femi otedola

Otedola is also the founder femi otedola Zenon Petroleum and Gas Ltd, and the owner of a number of other businesses across shipping, real estate and finance. He has recently invested in power generation as part of the liberalization of the sector in Nigeria. Femi Otedola's first daughter, femi otedola, Tolani, is a singer. She was born to Otedola and his former wife, Olayinka Odukoya.

He is a visionary entrepreneur with a track record of pioneering businesses, growing and transforming corporations. His first foray into the downstream sector of the oil and gas industry began with Zenon Petroleum and Gas Limited thus disrupting and redefining standards in the industry. He thereafter initiated the purchase of majority shareholding in the then African Petroleum Plc in May and became the Chairman of the Board on 25 May The company grew in leaps and bounds to become a model of the possibilities inherent in Nigeria, winning numerous accolades in recognition of the successful business turnaround, diversified portfolio, prompt financial reporting, strong corporate governance, and investment of choice within the oil and gas industry. In December , he divested from the company by selling his shareholdings to the Ignite Consortium led by Prudent Energy Services Limited and handed over in June after completing the transaction.

Femi otedola

The First Bank of Nigeria Holdings has appointed Nigerian billionaire and businessman, Femi Otedola, as the new chairman of its board of directors. Otedola, who recently expressed his excitement about his return to the Forbes African Billionaires list after a seven-year hiatus, takes over from the outgoing Chairman of the board, Alhaji Ahmad Abdullahi. Before then, the last time the business mogul appeared on the Forbes Africa list was in This year, he took the 20th spot on the list. The decision of the financial institution followed a recent meeting of the board held today. The bank disclosed this in a corporate filing on the Nigerian Exchange Limited NGX , notifying investors of the new development. This appointment, according to the bank, takes effect today, January 31, The law firm, in a letter, dismissed claims by Ecobank that there was a Supreme Court judgment backing its stance that Otudeko owed it N All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH. Contact: [email protected].

Nigerian businessman born In particular, femi otedola, both sisters traveled frequently to Nigeria and said that dating wealthy men there was easy. We also a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising femi otedola linking to Amazon.

In , Mr. In addition to his role at Geregu Power Plc, Mr. Transport Limited, F. In , following the consolidation of his father's businesses, Mr. Otedola diversified into finance, investment, and trading, establishing his own company, Centreforce Limited.

Nigerian billionaire businessman and philanthropist Femi Otedola has achieved yet another significant milestone in his illustrious career with his recent appointment as a Non-Executive Director on the Board of First Bank of Nigeria Holdings Plc. As the largest stakeholder in the Lagos-based financial services holding group, with an impressive 5. His success can be attributed to his business acumen and exceptional ability to identify opportunities in high-growth industries ahead of others, amassing an impressive fortune over the years. The appointment letter conveyed the news of his new role as a non-executive director, outlining an initial term of four years, subject to satisfactory performance and an annual performance appraisal. The tenure may be extended for two additional terms of four years each, subject to age limitations stipulated by the Central Bank of Nigeria. Omokolade Ajayi is a financial reporter at Billionaires. Previously, he worked as a journalist at Nairametrics. Omokolade is a seasoned financial analyst and reporter with in-depth knowledge of and expertise in equity markets, and financial and economic analysis. Get informed and entertained, for free.

Femi otedola

The decision to elevate Otedola to the position of chairman was reached during a board meeting held today, Jan. He will succeed the outgoing chairman, Alhaji Ahmad Abdullahi, bringing to the role a wealth of experience and a transformative leadership track record across various industries. His business interest extends beyond the power sector. He has held various board memberships and leadership positions, including serving as the president of the Nigerian Chamber of Shipping and chairman of Transcorp Hilton Hotel, Abuja. Additionally, he actively participated in national economic management initiatives, serving on the National Economic Management Team chaired by former President Goodluck Jonathan.

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Drake Created by BlackEntrepreneurProfile. Archived from the original on 24 December Aubrey Drake Graham is a Canadian rapper, singer, actor, and entrepreneur. He whisked her and Kiran to Nigeria, and began an affair with him. Tools Tools. He was appointed a member of the Governing Council of the Nigerian Investment Promotion Council NIPC in January and in December of the same year, he became a member of the committee saddled with the task of fostering business relationships between the Nigerian and South African Private sectors. Otedola has made several donations to the Michael Otedola University Scholarship Scheme, which was established in to give underprivileged students in Lagos State access to higher education. In , Otedola was appointed chairman and chief executive of Africa Petroleum through the acquisition of a controlling stake in the business. He is a visionary entrepreneur with a track record of pioneering businesses, growing and transforming corporations. Fellow Press.

In addition to Dangote, the country is also home to other Forbes-recognized billionaires. The story of how the richest Black man in the world started his company from scratch will always inspire many entrepreneurs.

In September , Mr. Ikeji, Linda. More News. Learn More. Daily Mail Nigeria. Lady Doja, Mt. Fellow Press. Advertise with us Sunday, March 10, Chairman - FBNHoldings. Otedola has made several donations to the Michael Otedola University Scholarship Scheme, which was established in to give underprivileged students in Lagos State access to higher education. Daily Trust. Damilola Olufemi Damilola has over four-year media experience in investigations, health, education, politics and entertainment. She was previously the Chief Marketing…. She oversees U.