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FEMI OTEDOLA ACQUIRES TRANSCORP

Before now, UBA Chairman and Nigerian billionaire, Tony Elumelu, was the majority shareholder of Transnational Corporation of Nigeria Plc (Transcorp), a publicly traded diversified conglomerate. But that is now history, as Dangote’s best friend and DJ Cuppy’s dad, Femi Otedola, has taken over the company from Tony through an overnight …

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