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Femi Otedola

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Nigeria market swing: profit-taking and N160tn recovery

19 clusters · 59 sources · last updated

Latest: Nigerian Exchange market capitalization reclaims N160 trillion

The volatility in the Nigerian Exchange (NGX) continued through late July and early August, characterized by sharp swings between brief rallies and heavy profit-taking. By mid-August, the bearish trend persisted as the A

[QUIET] [BUSINESS] [NG] [BJ] [AE]

Nigeria Tinubu reforms and development

242 clusters · 202 sources · last updated

Latest: Central Bank of Nigeria conducts September Treasury bill auction

In early May 2026, a Quartus Economics report showed Nigeria’s economy accelerating, with 8.34% cumulative GDP growth over 2024–25 and rising business confidence, while the naira posted its strongest weekly gain in month

[QUIET] [BUSINESS] [NG]

First HoldCo profit surge and Otedola stake reaches 27.49%

7 clusters · 29 sources · last updated

Latest: FirstHoldco Plc shares drop 7.2% amid Otedola share accumulation

First HoldCo continued its rapid earnings growth and share‑price rally in July‑August 2026 as billionaire chairman Femi (Olufemi) Otedola expanded his holding. Un‑audited half‑year results released 20 July showed net pro

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