# Nigerian business

2 articles tagged

Billionaire Mohammed Indimi Ordered to Pay Daughters $43.5 Million in Dividends Dispute

Twin sisters Ameena and Zara Indimi have successfully secured a $43.51 million court judgment against their father, oil magnate Mohammed Indimi, over unpaid dividends from his company, Oriental Energy. The ruling highlights a significant family business feud.

Feb 26, 20266 min read

Business

Femi Otedola Increases Stake in First HoldCo to 18%

Billionaire businessman Femi Otedola has elevated his ownership in First HoldCo Plc to 18.1%, as disclosed in the company's unaudited financial report released for 2025. His direct shares amount to 3.3 billion, while indirect shares reach 4.8 billion.

Jan 31, 20266 min read

Femi Otedola First HoldCo Nigerian Business