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

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

Nairaland Forum › Nairaland General › Investment › Femi Otedola Sells His Shares In Transcorp (33312 Views)

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

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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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