Explainer: What Really Changed In Geregu Power’s Ownership After Femi Otedola’s Exit

Recent disclosures by Geregu Power Plc have triggered widespread debate among investors over whether billionaire Femi Otedola sold his shares in the company. A closer examination of regulatory filings and the company’s shareholding structure shows that the transaction was not a share sale on the Nigerian Exchange, but a change in ultimate beneficial ownership executed

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