Posted on Wed 12 Sep 2018, 08:37 AM

Contrary to reports, Lagos billionaire, Femi Otedola is yet to pick the PDP form to run for governorship election in Lagos State.

On Tuesday evening, the social media was agog with stories suggesting that the oil magnet had accepted the PDP ticket to contest in the governorship election next year.

The reports cited Otedola's social media handle and popular Publisher Dele Momodu as source. Read here

Posted on Tue 11 Sep 2018, 07:31 PM

Billionaire businessman, Femi Otedola, has joined the race for the governorship seat of Lagos state. The oil magnet on Tuesday announced that he has accepted the offer of the PDP ticket made to him by the leaders of the party in the state.

With a message on his twitter handle, Femi Ote$, posted about 6pm on Tuesday, the business mogul offered N100,000 to the first 1000 persons to re-tweet the  message. 

Popular celebrity publisher, Dele Momodu, also shared the news on his Twitter handle, @DeleMomodu. 

Posted on Wed 4 May 2016, 10:48 AM

Nigerian billionaire Femi Otedola has lost more than $400 million of his personal fortune over the last 9 weeks as the stock price of Forte Oil, the Nigerian-listed energy behemoth he controls, shed off 43.5% in value within that period.

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