Femi Otedola News

Nigerian billionaire business man Aliko Dangote. Credit: Benedicte Kurzen/NOOR/theafricareport.com

Billionaire Aliko Dangote's smooth landing

With a new government in power, the business magnate is betting on his huge refinery and agriculture projects taking off. Meanwhile, Dangote Cement continues an expansion plan that has left others scrambling to catch up.

Femi Otedola. Credit: AFP/Getty Images

Nigerian billionaire Femi Otedola's Forte Oil signs $83M contract with Siemens

Forte Oil, Nigeria’s largest petroleum marketing company which is majority-owned by billionaire Femi Otedola, has signed an $83 million contract with Siemens to upgrade its 414-megawatt gas-fired power plant situated in Kogi State in Nigeria’s central region.

Cadbury

The 20 most valuable companies in Nigeria

Discover the 20 most valuable companies in Nigeria.

Twins Kessie and Eku Edewor

The Nigerians have arrived ... and London is paying attention

Richard Vedelago is 29 years old and worth more millions than he’s prepared to tell. ‘Money talks, but wealth whispers,’ he says with a smile, sitting back in the bar at Claridge’s – his idea – and lazily sipping an elderflower juice.