Oduβa Investment Company Limited (βOICLβ or βOduβaβ) announces the completion of its acquisition of a 10% minority equity stake in the issued share capital of FCMB Pensions Limited (βFCMB Pensionsβ or the βCompanyβ) from FCMB Group Plc (βFCMB Groupβ or the βGroupβ).The acquisition follows the receipt of the requisite approvals from the regulatory authorities βRead More
In a strategic move reinforcing its commitment to financial excellence and grooming leadership from within the Group, the Board of Oduβa Investment Company Limited (OICL) has announced the appointment of Mr. Abiodun Olamide Bamiduro as an Executive Director and the Group Chief Financial Officer (GCFO), effective January 2, 2026.Mr. Bamiduro, a Fellow of The InstituteRead More
On Tuesday, October 28, 2025, we took a significant step toward defining the next era of growth journey with the commencement of our SRC 2.0 2026-2030 Board Strategy Retreat at the prestigious Lakowe Lakes Golf and Country Estate, Lagos State.This crucial retreat follows a successful Management Strategy Retreat held in October at Ikogosi Warm Springs,Read More
The Oduβa Investment Group commenced its 2026β2030 Management Strategy Retreat today, Thursday , September 18, 2025 at the serene Ikogosi Warm Springs Resort, in Ekiti State. The retreat marked the closing chapter of SRC 1.0, the strategic roadmap cycle for 2020 to 2025 and commenced the threshold of a new era, SRC 2.0 strategic planRead More
Oduβa Investment Company Limited, the investment holding company jointly owned by the six South-West States of Nigeria, is pleased to announce that the leading credit rating agency, Agusto & Co has upgraded its corporate rating to βAa-β with a Stable Outlook in its recently released 2025 Corporate Rating Report. The upgrade from the previous ratingRead More
The Commissioner of Police, Oyo State Command, CP Johnson Adenola, Psc, led a high-powered delegation on a courtesy visit to the historic Cocoa House building, the headquarters of Oduβa Investment Company Limited (OICL). The Commissioner and his team were warmly welcomed by the OICL team led by Mr. Abdulrahman Yinusa, Group Managing Director/CEO of OICL,Read More
Through its dedicated agribusiness vehicle, South West Agricultural Company Limited (SWAgCo), Oduβa Investment Company Limited (OICL) has launched its Oduβa Agro-Industrial Hub in Ekiti State. The Formal Opening of the Agro-Industrial Hub which took place on Tuesday, 17th June 2025 at Oke-Ako, Ikole Local Government Area of Ekiti State was graced by His Excellency, ExecutiveRead More
Last week, the leadership of Oduβa Investment Company Limited (OICL), led by Group Managing Director Mr. Abdulrahman Yinusa, paid courtesy visits to the University of Ibadan and The Polytechnic, Ibadan. These visits are part of OICLβs broader engagement strategy to build meaningful partnerships with institutions that shape the South-West regionβs development.The OICL delegation included Mrs.Read More
Monday, July 2, 2025 Our emergency response team acted promptly, and the affected individual has been taken to the University College Hospital (UCH) for urgent medical attention. We are deeply concerned by this development and are fully cooperating with the relevant authorities to support ongoing investigation. Further updates will be provided as more information becomeRead More