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Femi Otedola

Femi Otedola

Majority shareholders of Forte Oil approve sale of power unit to Otedola

Majority shareholders of Forte Oil PLC have approved plans by Nigerian oil mogul, Mr Femi Otedola, to acquire the power subsidiary of the company
Femi Otedola

Femi Otedola: DSS gave me $500,000 for Farouk Lawan’s sting operation

The trial of former Rep. Farouk Lawan resumed in Abuja on Monday with Femi Otedola, testifying that the $500,000 offered to the accused was from Department of State Service (DSS).

Femi Otedola tells court where he got dollars to set up Farouk Lawan

Mr Femi Otedola, a prosecution witness in the ongoing trial of a former member of House of Representatives, Mr Farouk Lawan, over bribery allegation has said the 500,000 dollars offered to the defendant is from the Department of State Service.

Femi Otedola moves to acquire Forte Oil upstream, power firm

The majority shareholder of Forte Oil Plc, Mr Femi Otedola, is planning to buy out the company’s upstream services and power distribution firm to be ratified by the shareholders on Feb. 7.
Femi Adesina, spokesman of President Muhammadu Buhari

Presidency: Aliko Dangote not a member of APC presidential campaign council

The Presidency yesterday night clarified the status of the President of Dangote Group, Alhaji Aliko Dangote, named under the sub-head (Advisory Members) in the All Progressives Congress (APC) Presidential Campaign Council (PCC), unveiled yesterday, saying that Dangote “is not a member” of the APC PCC.
Muhammadu Buhari

Bola Tinubu co-chairs APC presidential campaign council

The All Progressives Congress, APC, has released the names of members of its Presidential Campaign Council for the 2019 elections.

Femi Otedola: Why I am divesting my shares in Forte Oil

Femi Otedola, chairman of Forte Oil Plc, says he agreed to sell his 75% stake in Forte Oil because he would like to maximise the opportunities in refining.

Forte Oil: Femi Otedola to sell 75 per cent holdings in downstream

Majority shareholder in Forte Oil, Mr. Femi Otedola has concluded arrangement to divest his full 75 per cent direct and indirect shareholdings in the firm’s downstream business.
Victor Olaotan

Femi Otedeola offers to pay for Victor Olaotan’s treatment abroad

Reprieve has finally come the way of ailing actor, Victor Olaotan, as billionaire businessman, Femi Otedola, has offered to foot the bill for his treatment abroad.

$3 million bribe: Femi Otedola appears in court against Farouk Lawan

Founder of Zenon Oil, Femi Otedola, on Wednesday, appeared before an Abuja High Court to testify in the trial of a former member of the House of Representatives, Farouk Lawan, for alleged fraud.

Farouk Lawan demanded $500,000 bribe – Femi Otedola tells court

Businessman, Femi Otedola, on Wednesday, revealed that a former House of Representatives member, Farouk Lawan, demanded a $500,000 bribe from him to remove his company, Zenon Petroleum and Gas Limited from the list of oil companies allegedly involved in fuel subsidy fraud.
Business mogul, Femi Otedola, has endorsed the Lagos State governorship candidate of the All Progressives Congress, Mr. Babajide Sanwo-Olu for governor.

Lagos guber: Femi Otedola endorses Jide Sanwo-Olu

Femi Otedola, the chairman of Forte Oil, has endorsed Babajide Sanwo-Olu, governorship candidate of the All Progressives Congress (APC) in Lagos State.
Business mogul, Femi Otedola, has endorsed the Lagos State governorship candidate of the All Progressives Congress, Mr. Babajide Sanwo-Olu for governor.

Lagos guber: Bode George expresses shock over Femi Otedola’s endorsement of Jide Sanwo-Olu

Former Deputy National Chairman (South) of the Peoples Democratic Party, Chief Bode George, has expressed shock over the endorsement of the All Progressives Congress governorship candidate in Lagos State, Mr Babajide Sanwo-Olu, by businessman Femi Otedola.
Business mogul, Femi Otedola, has endorsed the Lagos State governorship candidate of the All Progressives Congress, Mr. Babajide Sanwo-Olu for governor.

Femi Otedola backs Jide Sanwo-Olu for Lagos governor

Business mogul, Femi Otedola, has endorsed the Lagos State governorship candidate of the All Progressives Congress, Mr. Babajide Sanwo-Olu for governor.
Africa's richest man Aliko Dangote

Aliko Dangote keen on partnership with NFF

Nigeria Football Federation (NFF) president Amaju Melvin Pinnick has disclosed why he invited business moguls Aliko Dangote and Femi Otedola to the FIFA Best Awards ceremony in London on Monday night.
Minister of State for Aviation, Hadi Sirika

Stakeholders react to Nigeria Air suspension

Stakeholders in the aviation industry and other Nigerians have expressed divergent views in reaction to the announced suspension of the national carrier (Nigeria Air) project.

2019: Asiwaju Tinubu adamant over Governor Ambode’s second term

Tinubu is however said not to be particularly keen on conditions but fears that having literally pulled a gun on the governor, should he now lower it and back the governor’s second term quest, Ambode might come after him when he is re-elected.
Prime Minister Theresa May

Nigerian business community meets British premier in Lagos

British Prime Minister, Theresa May, has arrived at FMDQ Security Exchange building, Victoria Island, Lagos, for a meeting with the Nigerian business community.

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Kazakhstan has renamed its capital Nur-Sultan, in honour of the country's longtime president who resigned in a surprise move earlier this week.

Kazakhstan renames capital to honour ex-leader

Kazakhstan has renamed its capital Nur-Sultan, in honour of the country's longtime president who resigned in a surprise move earlier this week.

Police arrest three suspects over ‘humiliating’ nude woman in viral video in Anambra

The Police Command in Anambra has arrested three persons allegedly involved in production and circulation of a viral video where a nude woman was humiliated.
Mrs Iyabo Toluhi (nee Adesanmi), the elder sister of the late Prof. Pius Adesanmi, on Saturday described the death of his brother as a great loss to the family and community.

Pius Adesanmi’s demise a great loss to our family – sister

Mrs Iyabo Toluhi (nee Adesanmi), the elder sister of the late Prof. Pius Adesanmi, on Saturday described the death of his brother as a great loss to the family and community.
All Progressives Congress (APC) Nigeria

Lagos elections: APC wins Ibeju-Lekki supplementary polls

The Independent National Electoral Commission (INEC) has declared the All Progressives Congress (APC) candidate for Ibeju-Lekki State Constituency I, Mr Fatai Mojeed, winner of the supplementary election in the area.

Senator-elect Ifeanyi Ubah backs Ahmed Lawan for Senate President

Anambra South Senator-elect, Mr Ifeanyi Ubah, has pinched tent with a group of elected lawmakers in the incoming 9th Senate led by Sen. Ahmed Lawan.