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Dangote: Naira to trade below ₦1,000/$1 before year-end — Otedola
Billionaire investor Femi Otedola has projected that the naira could trade below ₦1,000 to the dollar before year-end, citing the operational impact of the Dangote Petroleum Refinery. Otedola stated this on his X handle while congratulating President of the Dangote Group, Aliko Dangote, on the refinery’s attainment of its full production capacity of 650,000 barrels per day. He said the…
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“We Cleaned House Properly” — Otedola Breaks Silence on First Bank’s ₦748bn Bad Loan Write-Off
First Bank of Nigeria has made headlines with a massive ₦748 billion write-off of bad loans, and billionaire chairman Femi Otedola has finally explained why. In a statement that’s sending shockwaves across the banking and business community, Otedola said, “We cleaned house properly,” signaling a decisive move to strengthen the bank’s balance sheet and restore investor confidence. According to…
Dangote, Rabiu, Otedola, Adenuga Named in Forbes’ 2025 Billionaires List
Forbes has released its 2025 Billionaires List, featuring four Nigerian business moguls—Aliko Dangote, Abdulsamad Rabiu, Femi Otedola, and Mike Adenuga. They are the only Nigerians to make it onto the prestigious ranking of the world’s wealthiest individuals. Aliko Dangote, Africa’s richest man and chairman of Dangote Group, has consistently appeared on the Forbes list for several years. His vast…
“I Didn’t Know I Was Privileged!” – DJ Cuppy Reflects on Her Upbringing
Billionaire heiress and celebrity DJ, Florence Otedola, popularly known as DJ Cuppy, has admitted that growing up, she had no idea just how privileged she was. Taking to X (formerly Twitter) on Saturday, Cuppy shared a moment of reflection, revealing that she never had to worry about financial struggles, which made luxury feel completely normal to her. “Growing up, I didn’t fully realise just…
Femi Otedola praises Dangote's refinery launch and suggests depot owners sell as scrap amidst shifting market dynamics in Nigeria's energy s
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“My brother, the Visionary, has built the largest single train refinery in the world, not in Kano, but in Lagos State. He is the owner of the second-largest
DJ Cuppy's Heartfelt Moment, when her Mother Prayed for Her to Find a God-fearing Husband
DJ Cuppy's Heartfelt Moment, when her Mother Prayed for Her to Find a God-fearing Husband
DJ Cuppy, whose real name is Florence Ifeoluwa Otedola, recently shared a touching and intimate moment with her followers. She posted a screenshot of a heartfelt conversation with her mother, Nana Otedola, that has captured the attention of many. A Mother’s Wish AMIN 🕊️🧡 #MamaCups pic.twitter.com/yIbqOVyUy0— Cuppy (@cuppymusic) May 20, 2024 In the chat, Nana Otedola sends a beautiful prayer to…
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Life's Beautiful: Kunle spots Tiwi!
Life's Beautiful: Kunle spots Tiwi!
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