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Femi Otedola Sells His Shares In Transcorp - Investment (4) - Nairaland

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Elumelu’s HH Capital Acquires 25.58% In Transcorp Plc / Femi Otedola Becomes First Banks's Largest Shareholder, To Takeover / AMCON Blocks Sale Of Shares In Niger Insurance Linked To Governor Okorocha (2) (3) (4)

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Re: Femi Otedola Sells His Shares In Transcorp by blacknp(m): 8:44am On Apr 29, 2023
Jeezuzpick:


504 in the eighties was about ₦4850.

Maybe a Mercedes Benz 280 went for up to ₦10,000, but I seriously doubt that.

₦1 back in the eighties is more than ₦1000 now.

Still, a lot of people started businesses back then....a lot of my Dad's friends owned petrol stations, bakeries and stuff. Dad opted to be a farmer.

Well, guess what?

Most businesses set up back then are dead now.....I still pass by some of the carcasses of petrol stations and be like.....wow......Nigeria kills business.
1983 Mercedes-Benz 280 Pricing ; Original MSRP · N/a ; Price range · $14,890 to $14,890 ; Average price on CG · $14,890 ; YoY price change · N/a.
Re: Femi Otedola Sells His Shares In Transcorp by Jeezuzpick(m): 2:52pm On Apr 29, 2023
blacknp:
1983 Mercedes-Benz 280 Pricing ; Original MSRP · N/a ; Price range · $14,890 to $14,890 ; Average price on CG · $14,890 ; YoY price change · N/a.

Nice research!

₦1 was more than $1 back then, though.....I'm sure you know that.
Re: Femi Otedola Sells His Shares In Transcorp by Gasayi(m): 10:11am On Apr 30, 2023
Gasayi:
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Re: Femi Otedola Sells His Shares In Transcorp by BennyDGreat: 2:01pm On Apr 30, 2023
Jeezuzpick:


Maybe those started by people in or close to power.

A lot of businesses have crashed, far more than those which survived.

When even multinationals packed their stuff and ran?

I would love you to have a positive outlook.
In tough terrains, there will always be people who despite not connected to those in power thrive in their own way.

It's not really about how connected you are to government otherwise the multinationals would thrive. Even though that has its benefits-being connected to government.

Business sustainability is deeply about innovation despite changing times and seasons.
Re: Femi Otedola Sells His Shares In Transcorp by BennyDGreat: 2:02pm On Apr 30, 2023
cassyrooy:
He's the owner of Tingo Inc.
Amazing. Would check him out
Re: Femi Otedola Sells His Shares In Transcorp by XAUBulls: 8:13pm On Apr 30, 2023
nlfpmod:


https://nairametrics.com/2023/04/28/breaking-otedola-exits-stake-in-transcorp-plc-in-landmark-deal/
Re: Femi Otedola Sells His Shares In Transcorp by Chopkiss: 1:05pm On May 08, 2023
and i told him to sell it to me b4
Anyway i will call him later

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