Banks used pretty ladies to get deposits from me but sent ‘thugs’ when my business went down - Otedola
[NigerianEye - Nigeria] - 7/08/2025
Femi Otedola, billionaire investor and philanthropist, has detailed his experience in the wilderness of business, revealing how banks that courted him became hostile when his fortune plummeted in 2009. Otedola broke into the Nigerian mega business scene with Zenon Petroleum which grew from selling diesel in drums to owning the largest share of the local market. He also acquired African Petroleum in the downstream market and rebranded it to Forte Oil Plc, at a time one of the highest performing in the stock market. However, a diesel shipment he ordered in 2008 when crude oil was $147/barrel (…)
... Article published by "NigerianEye" (Nigeria), read more
For any information or claim on this article, see directly with the newspaper.
In Nigerian newspapers
After Demanding Enforcement of S’Court Judgement on LG Autonomy, Niger LG Boss Suspended
Laleye Dipo in Minna One week after dragging the Niger state government to court over the tenure and funding of (…)
[ThisDayLive] - 4/08/2025
Vodacom Bulls crush Sharks with ten-try demolition in dominant Currie Cup performance at Loftus Versfeld
If there were any doubts about the Vodacom Bulls’ Currie Cup ambitions this year, they put them to rest on Saturday (…)
[TDPel Media] - 3/08/2025
Why we can’t stop praying for our leaders – Bishop Adelakun
The Presiding Bishop of Victory International Church, Taiwo Adelakun, has emphasised the importance of continued (…)
[The Nation] - 29/07/2025
Determination, purpose, dreams fuelled my journey – Funke Akindele
Actress and filmmaker Funke Akindele has reflected on her early days in the industry through a nostalgic post on (…)
[The Nation] - 1er/08/2025
Oando achieves 63% production growth, posts ₦1.72trn revenue in H1 2025
The company maintained a profit-after tax of N63 billion, consistent with the result recorded in H1, 2024. The post (…)
[Premium Times] - 4/08/2025
