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Femi Otedola honoured as top activist investor in Nigeria

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Otedola market impact

Femi Otedola, Chairman of First HoldCo Plc and Geregu Power Plc, has been honoured as Activist Investor and Market Maker of the Year at the Nairametrics Capital Market Choice Awards for his impactful role in fostering investor confidence and corporate governance in Nigeria

Femi Otedola, CON, the prominent Chairman of First HoldCo Plc and Geregu Power Plc, is set to receive the prestigious Activist Investor and Market Maker of the Year award at the Nairametrics Capital Market Choice Awards.

Also read: Oando Boss Wale Tinubu, Femi Otedola, Dangote, Others for Nigeria-India Presidential Roundtable

The ceremony will take place on Friday, May 23, 2025, at the Civic Centre in Lagos, recognising Otedola’s transformative influence on Nigeria’s capital market.

The award celebrates Mr. Otedola’s courageous and impactful contributions to shaping investor confidence, advocating for shareholder rights, and driving value creation within the Nigerian capital market.

His strategic, high-impact investments, proactive corporate interventions, and unwavering public stance on upholding strong corporate governance principles have established him as a powerful force for accountability and transparency in the market.

The Nairametrics Capital Market Choice Market Maker award category is specifically designed to honour individuals, institutions, NGOs, or organisations – excluding direct market operators or listed companies – who have demonstrably influenced the Nigerian capital market through advocacy, leadership, or strategic actions that have positively impacted corporate behaviour and investor sentiment.

Your commitment to promoting sound corporate governance, demanding performance, and championing shareholder value has helped catalyze capital market growth, investor enthusiasm, and sustained value creation.

The award citation particularly highlighted Otedola’s dedication: “Your commitment to promoting sound corporate governance, demanding performance, and championing shareholder value has helped catalyze capital market growth, investor enthusiasm, and sustained value creation.”

Otedola’s significant influence became particularly evident following his strategic acquisition of a major stake in FBN Holdings Plc, a move that ultimately led to his appointment as Chairman in 2024.

His entry into the boardroom redefined expectations regarding shareholder rights and performance accountability, significantly reigniting public interest in one of Nigeria’s oldest financial institutions.

Under his leadership, FBN Holdings, now renamed First HoldCo Plc, has reported record earnings and successfully restored market confidence.

Beyond his role at First HoldCo Plc, Otedola also presided over the historic listing of Geregu Power Plc on the Nigerian Exchange, marking it as the first power generation company to become publicly traded.

Since its debut, Geregu has witnessed an impressive surge of over 1,000% in its share price and has joined the elite group of SWOOTs (Stocks Worth Over One Trillion Naira), setting a new benchmark for value creation within the utilities sector.

Outside his prominent boardroom presence, Otedola holds several other notable positions, including Chancellor of Augustine University, Chairman of the Cuppy Foundation Board of Trustees, and Vice President of Save the Children UK.

These roles underscore his broader dedication to nation-building, adherence to ESG & SDG standards, philanthropy, and global advocacy for child welfare and education.

The Nairametrics Capital Market Choice Awards serves as a platform to recognise institutions and individuals who have made enduring contributions to Nigeria’s capital market through reform, innovation, leadership, and public accountability.

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Tinubu’s Aide Sunday Dare to Deliver TheGazelleNews’ Anniversary Lecture

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The Special Adviser to President Bola Ahmed Tinubu on Media and Public Communications, Sunday Dare, has been announced as the Keynote Speaker for the Anniversary Public Lecture of Lagos-based online newspaper, thegazellenews’.com.

The lecture is scheduled to hold on Wednesday, 15 July, 2026 at the Radisson Blu Hotel, Lagos, by 10:00 a.m. 

The event will focus on the theme: “Driving Grassroots Governance with Public-Private Partnership: The Pains, The Challenges, The Prospects

In a statement, the management of TheGazelleNews said the annual lecture series was established to provide a platform for intellectual discourse and policy conversations on critical national issues affecting Nigeria and its people.

The organisers noted that the lecture has, over the years, attracted eminent personalities, policymakers, academics, media practitioners, captains of industry and political stakeholders from across the country.

The management described Dare as a seasoned administrator, journalist and communications strategist whose extensive experience in governance and public service positions him to lead discussions on grassroots governance and the role of public-private partnerships in national development.

“The annual lecture series was created to provide a platform for intellectual discourse and policy conversations on critical national issues affecting the country and its people,” the statement noted.

It further disclosed that invited guests and participants are expected from government institutions, media organisations, civil society groups and the private sector.

Dare, a distinguished global communications and multimedia expert, author and public speaker, brings more than three decades of experience across journalism, governance, public policy and strategic communications.

He currently serves as Special Adviser to President Tinubu on Media and Public Communications, where he plays a central role in shaping and coordinating the administration’s public communication strategy.

Throughout his career, he has built a reputation for combining journalism, public policy and stakeholder management, while championing institutional reforms, digital innovation and youth empowerment initiatives.

Before his current role, Dare served as Minister of Youth and Sports Development from 2019 to 2023, where he introduced the Nigeria Sports Industry Policy (NSIP), widely known as the “Sports as Business” model. 

He also spearheaded the implementation of a 10-year Football Master Plan designed to reposition Nigerian football and launched the Adopt-an-Athlete Initiative to strengthen sports development.

Under his leadership, Nigeria recorded one of its most successful outings at major international sporting competitions, including the Commonwealth Games and the Olympics, securing a combined 35 medals. 

He also facilitated the establishment of the N75 billion Nigeria Youth Investment Fund (NYIF) to support youth entrepreneurship and economic empowerment.

Earlier, Dare served as Executive Commissioner for Stakeholder Management at the Nigerian Communications Commission (NCC) between 2016 and 2019, overseeing stakeholder engagement and supervising key departments, including Licensing and Authorisation, Legal and Enforcement, and Zonal Operations.

He also previously served as Chief of Staff and Special Adviser on Media to Tinubu, managing media relations and political communications.

In the international media arena, Dare worked with the Independent Communication Network Limited (ICNL), publishers of The News/Tempo/PM News where he rose to become the General Editor of the flagship publication of the company, The News magazine. Dare was one of the leading lights in the media war against the military junta in the days of Babangida and late Sanni Abacha and was active in the guerilla journalism of that era.

He spent nearly a decade at Voice of America, rising to become Chief of the Hausa Service. In that capacity, he directed radio programming that reached an estimated audience of 28 million listeners daily across West Africa while introducing modern information technology tools into newsroom operations.

Academically, Dare attended Ahmadu Bello University, University of Jos, New York University, Harvard University and University of Oxford. He is currently pursuing a PhD in Intelligence and Global Security.

The management of TheGazelleNews expressed confidence that Dare’s experience in governance, media, public policy and strategic communications would enrich discussions at the anniversary lecture and stimulate meaningful conversations on strengthening grassroots governance through effective public-private partnerships.

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Africa Needs Its Own AI Roadmap, MRA Tells Governments

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MRA

Media Rights Agenda calls for a Pan-African AI framework to promote digital rights, accountability, inclusion and African technological sovereignty (more…)

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Leaders, Creators Converge at Africa Soft Power Summit in Nairobi

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Africa Soft Power Summit

Africa Soft Power Summit 2026 opens in Nairobi, bringing leaders together to explore finance, creativity, and Africa’s economic transformation (more…)

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