Encomium
Femi Otedola, the Chairman of First HoldCo PLC and Geregu Power PLC, is finally set to release his long awaited business memoir.
Across social media platforms–X, Facebook and Instagram—today (Wednesday, July 16, 2025), the stylish mogul revealed that he “will be sharing something very exciting in the coming days”.
The post reads in full:
“‘Over the past decade, doors have opened for entrepreneurs in Nigeria that once seemed firmly shut. This transformation didn’t happen overnight. 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. In the coming weeks, you’ill be learning about these experiences and my journey to becoming one of Africa’s most successful businessmen. I hope these insights will inspire the next generation of entrepreneurs.
“I will be sharing something very exciting in the coming days.”
This post is the first definitive announcement by the 62-year old Odoragunsin billionaire born in Ibadan about the imminent release of his book.
Over the years, he had hinted about a business book in the works on his Instagram page.
In November 23, 2019, he posted on his Instagram page:
“It’s a wrap! Finally concluded interviews with my friends, Kunle Bakare and Simon Kolawole, on my debut book on business lessons. Interviews spanning 18 months across Lagos, Monte Carlo, Paris, New York, London and now Dubai.”
At another time (May 26, 2020), his daughter DJ Cuppy (Ifeoluwa) also made reference to the book:
“So my dad @realFemiOtedola has low key been writing a book during quarantine… Would YOU read it?”
The announcement by Otedola today garnered enormous attention—and many say they can’t wait to enjoy the book which will tell the grass-to-grace-to grass-and-finally-grace-and-glory story of a colourful man of means who once lost everything!
Olufemi Peter Otedola (born on November 4, 1962), who began serious business with Zenon Petroleum and Gas in the early 90s, is the father of four children—Tolani, Ifeoluwa, Temi and Fewa.
