Nigeria’s Femi Otedola buys 5.5% of Transcorp Plc
Nigerian billionaire Femi Otedola has acquired 5.5 percent of Transcorp Plc shares making him the second largest shareholder of the company, according to findings by local media, BusinessDay . Sources confirmed the transaction was facilitated by an agreement between an entity owned by Otedola and Asset Management Corporation of Nigeria (AMCON). The report showed Otedola