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Transcorp: Femi Otedola acquires 5.52%...

Transcorp: Femi Otedola acquires 5.52% stake, becomes...

NALDA acquires 200 hectares of...

NALDA acquires 200 hectares of land for...

Transcorp: Femi Otedola acquires 5.52% stake, becomes second largest shareholder

Transcorp: Femi Otedola acquires 5.52% stake, becomes second largest shareholder Billionaire businessman Femi Otedola has acquired about 2.245 billion shares of Transnational Corporation Plc, making him the second-largest shareholder of the company. According to Daily Trust, the transaction represented about 5.52% of Transcorp's shares and was made between an entity owned by Otedola and the Asset Management Corporation of Nigeria. Transcorp is currently controlled by another billionaire, Tony Elumelu, who took over control of the company in 2012. Elumelu, who chairs Transcorp, holds 273.1 million shares directly in the company, 274 million indirectly...
Maryam Umar -
Local

Transcorp: Femi Otedola...

Transcorp: Femi Otedola acquires 5.52% stake, becomes second largest shareholder Billionaire businessman Femi Otedola has acquired about 2.245 billion shares of Transnational Corporation Plc, making...
Maryam Umar -
Agriculture

NALDA acquires 200...

NALDA acquires 200 hectares of land for wheat production in Gombe The National Agricultural Lands Development Authority (NALDA) has acquired 200 hectares of land...
Gift Luckson -
Business & Economy

Investment: Lee group...

Niger State Government is partnering Lee Group, a foreign investment group in the development of the agricultural, transport and mining sectors of the state’s...
Neptune Prime -
Entertainment

Popular Nigerian singer,...

Nigerian singer, David Adeleke, popularly known as Davido has acquired a Mercedes Benz foldable fat tyre bicycle reportedly worth over $3500 (N1.3million). Davido sent fans...
Maryam Umar -
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