Femi Otedola Sells Over ₦1 Billion Worth of Shares in Geregu Power

Femi Otedola Sells Over ₦1 Billion Worth of Shares in Geregu Power 

Nigerian billionaire and business mogul Femi Otedola has reduced his stake in Geregu Power Plc, selling shares valued at over ₦1 billion.

The transaction marks a significant move by one of Nigeria’s most influential investors, coming at a time when Geregu Power continues to play a key role in the country’s energy sector.

Although Otedola remains a major shareholder, the decision to offload part of his holdings has drawn attention from market watchers and investors.