Nigerian billionaire Femi Otedola cashes out of Geregu Power in $750 million deal
Billionaires Africa | 29.12.2025 22:39
Just three years after taking his power company public, Nigerian billionaire Femi Otedola is preparing another major shift. He has sold 77 percent of his stake in Geregu Power Plc for $750 million. This marks a decisive step away from an asset he helped turn into a market bellwether.
