Otedola exits Geregu Power in N1.088trn deal, shifts focus to banking sector
[Hallmark - Nigeria] - 29/12/2025
Billionaire businessman Femi Otedola has sold his majority stake in Geregu Power Plc in a transaction valued at N1.088 trillion, marking one of the largest deals in Nigeria’s power sector. The sale, financed by a consortium of banks led by Zenith Bank Plc, was announced by the Nigerian Exchange (…)
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