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Tag: Femi Otedola

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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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