Dangote, Otedola, Ovia, others rake N506bn as dividends in 2022

May 30, 2023 Segun Odunewu 0

Chairman of Dangote Group, Aliko Dangote, Femi Otedola, Jim Ovia and two other top Nigerian businessmen earned N506 billion as dividend in 2022, Blueprint Newspaper has gathered. A cursory analysis of the financial statements of listed companies on the Nigerian Exchange reveals that about 60 companies have so far declared dividends worth over N1.5 trillion for the 2022 financial year. Read More

Otedola offloads shares in Geregu amid Transcorp controversy

May 11, 2023 Segun Odunewu 0

The majority shareholder of Geregu Power, Femi Otedola, has sold part of his shares in the power firm, weeks after exiting Transnational Corporation (Transcorp) Plc. Otedola sold a total of 2.82 million shares from the 2.38 billion stock he held directly and through his investment firm, Amperion Power Distribution Limited (indirectly), in Geregu Power. It was gathered that the sale Read More

Popular Nigerian star DJ Cuppy announces engagement

December 13, 2022 Admin III 0

Popular disc jockey, Florence Ifeoluwa Otedola popularly known as DJ Cuppy, has said that she met her fiancé, Ryan Taylor, 25 days ago at a driving rally. She posted the news on her Twitter handle, Monday. Cuppy said, “I can officially announce that I’m engaged! Only 25 days ago during #Gumball3000 driving rally, I met the love of my life. Read More