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Tag: Investment

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Wike Seeks Stronger EU Investment, Cultural Ties for Abuja Development

Minister of the Federal Capital Territory, , has called on countries of the to deepen investment partnerships, boost cultural exchange, and collaborate with the Federal Capital Territory Administration (FCTA) to drive growth in Abuja and Nigeria at large. Wike made the appeal on Tuesday while addressing EU Heads of Mission at the EU House in […]

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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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