FEMI OTEDOLA HONORED AS “INVESTOR OF THE YEAR 2024” BY THE NATION

FEMI OTEDOLA HONORED AS “INVESTOR OF THE YEAR 2024” BY THE NATION

Prominent Nigerian billionaire and entrepreneur, Femi Otedola, has been named “Investor of the Year 2024” by The Nation newspaper. The recognition highlights the exceptional performance of two of his companies—Geregu Power Plc and FBN Holdings—and the transformative reforms he spearheaded in both organizations.

Otedola’s impactful leadership as Chairman of FBN Holdings and the impressive stock market performance of Geregu Power Plc solidified his reputation as a visionary investor. According to The Nation, Otedola’s reforms at FBN Holdings led to remarkable returns for shareholders in 2024, while Geregu Power, listed on the Nigerian Exchange in 2023, continued its bullish trajectory, attracting widespread acclaim.

“From his dramatic emergence as Chairman of FBN Holdings Plc to the reforms that delivered exciting returns for investors in 2024, Femi Otedola was the toast of the investing public,” the publication stated.

Described by analysts as a “turnaround entrepreneur,” Otedola’s influence in the Nigerian capital market has been likened to a “Midas touch,” transforming FBN Holdings and Geregu Power into symbols of prosperity and providing substantial returns on investment to shareholders.

The award cements Otedola’s status as one of Nigeria’s leading investors, whose strategic vision and business acumen continue to shape the nation’s economic landscape.