Browsing Tag

femi otedola

Nigerian Business Leaders Lament ‘Hateful’ Xenophobic Attacks In South Africa

Following the recent xenophobic attacks on foreigners in South Africa, Nigerian business mogul Femi Otedola has condemned the menace saying the whole continent needs to come together to fight the injustice. In a statement posted on his verified Twitter handle on Wednesday, Otedola said “My heart cries for my Nigerian brothers and sisters who have been senselessly killed in South Africa. I strongly condemn this hateful discrimination and xenophobia. I pray for us to come together as a continent…

AFCON 2019: Dangote, Otedola Splash Dollars On Eagles, Place $75k On Each Goal

Following their impressive win against South Africa yesterday, Nigerian billionaires, Aliko Dangote and Femi Otedola have promised the Super Eagles of Nigeria $75,000 for every goal scored in their remaining games at the ongoing Africa Cup of Nations, AFCON 2019 in Egypt. The Gernot Rohr’s boys trashed the Bafana Bafana 3-2 in the quarter final of the tournament at the Cairo international stadium, progressing to the semi-final. While Dangote promised $50,000 per goal, Otedola on the hand pledged the sum of $25,000 for…

Otedola Changes Instagram Bio As He Finally Exits Forte Oil

The Nigerian businessman, Femi Otedola has said the process for the sale of Forte Oil Plc has been completed. In December 2018, Otedola said he would be selling his 75% stake in Forte Oil because he would like to maximise the opportunities in refining, adding that transaction will be completed in the first quarter of 2019. However, the philanthropist took to his Instagram today saying he’s now set to focus on his investment in the power sector as the transaction over the oil company has been fully completed. …

Buhari’s Inauguration: Tinubu, Saraki, Dogara, Dangote, Otedola, Others Attend

The second inauguration of President Muhammadu Buhari and Vice President Yemi Osinbajo is currently ongoing and some prominent Nigerians are in attendance. The swearing-in ceremony is holding at Eagle Square in the Federal Capital Territory, Abuja. Among prominent Nigerians who graced the event include the National Leader of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu, the President of the Nigerian Senate, Dr. Bukola Saraki and the Speaker of the House of Representatives, Hon. Yakubu…

Christian Chukwu: Otedola To Foot ‘Entire Cost’ Of Legend’s Medical Bills

Billionaire businessman, Femi Otedola has said he will foot the medical bills of former Super Eagles’ coach, Christian Chukwu. Chukwu, Nigeria’s football legend, is said to be suffering from prostate cancer which has affected his leg. It was learnt that the footballer who is a former coach of the national team, needed $50,000 for the prostate operation. Otedola, according to The Cable, said he would foot the entire cost of the operation as a “token of support to a great Nigerian who served his country to the best…

DJ Cuppy, Billionaire Dad Head To Polling Unit

Disc Jockey Florence Ifeoluwa Otedola popularly known as DJ Cuppy has headed to a polling station with her dad, Billionaire oil Magnate, Femi Otedola. Cuppy and her father have encouraged registered voters to go and exercise their civic rights by voting to help shape the future of Nigeria. Dj cuppy’s shared a clip on her Instagram page, where she was seen walking with her dad to their polling unit. According to her, her interest lies in encouraging registered balloters to exercise their franchise. She said "Good…

Funds I Gave Lawan Were Provided By DSS – Otedola

Popular business mogul, Femi Otedola has disclosed that the $500,000 he offered as bribe to a former House of Representatives member, Farouk Lawan, was provided by the Department of State Services (DSS). He disclosed this in Abuja yesterday during the resumption of his testimony as a prosecution witness in the trial of Lawan before the Federal Capital Territory (FCT) High Court in Apo. Farouk Lawan who is being tried for allegedly demanding and accepting money from Otedola to remove his companies from the list of oil…

Presidency Replies Atiku Over Dangote’s Appointment As Buhari’s Adviser

The Presidency has reacted to the criticisms trailing the appointment of billionaire businessman, Aliko Dangote, among members of the special advisory committee to President Muhammadu Buhari ahead of the 2019 general elections. The 2019 presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, had in reaction to the announcement on Friday faulted the inclusion of Dangote and billionaire oil magnate Femi Otedola, among members of the Presidential Campaign Council of the All Progressives Congress (APC).…

Shehu Sani Cautions Dangote, Don’t Use APC’s Broom To Mix Your Cement

Following the appointment of Alhaji Aliko Dangote as one of President Muhammadu Buhari’s special advisers in the Presidential Campaign Council of the All Progressives Congress (APC), Senator Shehu Sani has warned the billionaire businessman against mixing his "cement" with "broom". The APC, whose party symbol is a broom, had announced the inauguration of its 2019 Presidential Campaign Council on Friday. The ruling party named President Muhammadu Buhari and Chief Bola Ahmed Tinubu as chairman and co-chairman…

Buhari Chairman, Tinubu Co-Chairman As APC Inducts Presidential Campaign Council

President Muhammadu Buhari and Chief Bola Ahmed Tinubu have both respectively emerged as chairman and co-chairman of the just inaugurated 2019 Presidential Campaign Council of the All Progressives Congress (APC). Buhari and Tinubu’s appointments were contained in a statement announcing members of the APC Presidential Campaign Council on Friday. Among those also appointed into the Council were Vice President Yemi Osinbajo and the party’s National Chairmen, Adams Oshiomhole,  who were named deputy chairmen of the Council…