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Tag: Business News

Business

Coca-Cola Shares Surge 12.25% in Three Months, Gain 31% Year-to-Date

Shares of The Coca-Cola Company (NYSE: KO) have recorded a strong upward performance, gaining 12.25 per cent over the past quarter and about 31 per cent year-to-date, according to the market figures shown in the supplied image. The stock was shown at $91.80, representing a $10.00 increase, or 12.25 per cent, over the period under […]

News

Femi Otedola Exits Geregu Power in Landmark $750 Million Deal

In a landmark move for the Nigerian energy sector, billionaire investor Femi Otedola has officially divested his majority stake in Geregu Power Plc. The $750 million deal sees Ma’am Energy Limited taking over a 77% controlling interest, marking one of the largest private equity shifts in the Nigerian power industry this decade.

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