geregu power

The Digest: According to a filing with the Nigerian Exchange Limited, Amperion Power Distribution Company, the vehicle for Femi Otedola's stake, has transferred its shares to Ma’am Energy Limited, marking the end of an era for the billionaire's highly visible investment. Key Points: Ma’am...

The Digest: Billionaire businessman Femi Otedola has sold his majority stake in Geregu Power Plc in a deal valued at $750 million, marking a significant divestment from the power generation company he took public in 2022. According to sources, the sale was facilitated by a consortium of...