Business News of Thursday, 17 July 2025

Source: www.legit.ng

Femi Otedola shares secret to becoming a successful entrepreneur in Nigeria

Femi Otedola Femi Otedola

Femi Otedola, billionaire businessman and chairman of First Holdings Plc, says he will soon share key lessons from his entrepreneurial journey to inspire Nigeria’s next generation of business leaders.

In a post shared on X on Wednesday, Otedola reflected on how Nigeria’s business environment has transformed over the past decade, crediting the shift to resilience and hard-won experience.

“Over the past decade, doors have opened for entrepreneurs in Nigeria that once seemed firmly shut. This transformation didn’t happen overnight,” he posted.

“It’s the result of perseverance, resilience, and the lessons learned from countless setbacks.”

“I’ve walked this path myself, facing challenges and breakthroughs that shaped not just my career, but my outlook on what it means to succeed.”

The chairman of Geregu Power Plc, who is well-known for his financial, philanthropic, and energy initiatives, stated that he intends to talk more about his experience and the lessons he thinks will motivate the upcoming generation of Nigerian businesspeople in the weeks to come.

“I will be sharing something very exciting in the coming days,” he added.

Otedola, who is also a philanthropist, stated on May 22 that by the time of the next capital raising round, his cash investment in the financial institution would reach N320 billion.