Top Stories
Breaking: Femi Otedola: Geregu Power Plc crosses N1 Trillion Market Capitalization
![](https://citynewsng.com/wp-content/uploads/2024/01/FEMI-OTEDOLA.webp)
For the first time, Geregu Power Plc has crossed the N1 trillion market capitalization level, joining the SWOOT group.
At the close of trading on January 15, 2024, the only power company listed on the NGX appreciated 7.52% to close at a share price of N429, thus giving it a market capitalization of N1.07 trillion.
Femi Otedola, the major shareholder in Geregu Power Plc recently regained his billionaire status due to the appreciation of his shares in FBN Holdings and Zenith Bank.
Details later…
![](https://citynewsng.com/wp-content/uploads/2022/04/citynews-logo1-1-300x85-1.jpg)
- Politics21 hours ago
2027 polls: Ooni of Ife reveals what Tinubu told Traditional Rulers
- Politics22 hours ago
No Cabal Can Control Me, I Spent My Personal Money…. – President Tinubu
- Entertainment22 hours ago
Portable dismisses nationwide protest, says Nigeria is okay
- Top Stories22 hours ago
‘We Are Not Afraid Of Protest, Our Concern Is The Ordinary People’ – President Tinubu
- Politics11 hours ago
15th Hijrah: Muslim Clerics Task Nigerians On Good Morals
- Top Stories12 hours ago
Obamas endorse Kamala Harris for president
- Entertainment12 hours ago
I have never said I love you to anyone before – Falz
- Sports12 hours ago
‘Don’t wait for England and choose Nigeria when you’re 29’ – Mikel Obi