Odu’a Investment Company Limited (“OICL” or “Odu’a”) announces the completion of its acquisition of a 10% minority equity stake in the issued share capital of FCMB Pensions Limited (“FCMB Pensions” or the “Company”) from FCMB Group Plc (“FCMB Group” or the “Group”).The acquisition follows the receipt of the requisite approvals from the regulatory authorities –Read More
In a strategic move reinforcing its commitment to financial excellence and grooming leadership from within the Group, the Board of Odu’a 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 Odu’a Investment Group commenced its 2026–2030 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
Odu’a 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 ‘Aa-’ 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 Odu’a 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), Odu’a Investment Company Limited (OICL) has launched its Odu’a 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 Odu’a 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 OICL’s broader engagement strategy to build meaningful partnerships with institutions that shape the South-West region’s 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
ODU’A Investment Company Limited (OICL), the foremost investment conglomerate jointly owned by the six South-West states of Nigeria, held its 43rd Annual General Meeting (AGM) today, Thursday, May 15, 2025, at the Lagos Airport Hotel. The AGM featured the presentation and approval of the company’s Audited Financial Statements for the year ended December 31, 2024,Read More
As part of our strategic stakeholder engagement initiatives, the Board and Management of ODU’A Investment Company Limited (OICL) on Tuesday, April 29, 2025, paid a courtesy visit to the Executive Governor of Osun State, His Excellency, Senator Ademola Nurudeen Jackson Adeleke, at the Governor’s Office, Secretariat, Abere, Osogbo in Osun State.The OICL team was ledRead More
Earlier today, Wema Bank Plc.‘s Management team led by its Executive Directors, Mr. Segun Opeke and Mr. Tunde Mabawonku, paid a courtesy visit to ODU’A Investment Company Limited (OICL) at Cocoa House, Ibadan. The Wema bank delegation also included key members of Wema Bank’s South West team.Welcoming the visitors to the Iconic Cocoa House building, theRead More
On Thursday, February 13, 2025, the Group Chairman of Odu’a Investment Company Limited (OICL), Otunba Bimbola Ashiru, alongside OICL’s Group Managing Director, Mr. Abdulrahman Yinusa, were at the South-West Governors’ Forum meeting held in Lagos.During the meeting, Otunba Ashiru and Mr Yinusa briefed the governors about OICL’s phenomenal achievements in 2024 and engaged them on strategicRead More
On Thursday, February 13, 2025, ODU’A Investment Company Limited (OICL) convened its Annual Meeting of Directors across the OICL group at the Lagos Airport Hotel Banquet Hall. The event served as a strategic forum to assess the group’s transformational progress and align all subsidiaries with the group’s strategic direction. Members of the OICL Board, seniorRead More
On Thursday, January 30, 2025, the Board and Management of ODU’A Investment Company Limited (OICL) hosted a media parley at Cocoa House, Ibadan. This strategic engagement showcased OICL’s renaissance as a forward-looking conglomerate committed to enhancing its legacy for future generations. The parley was attended by OICL’s board members, led by Otunba Bimbola Ashiru, OICLRead More
Odu’a Investment Company Limited (OICL), the engine room for economic development of the South West States, has announced a strategic investment in Iwosan Investments Limited, which aims to reverse medical tourism by driving innovation and enhancing access to quality healthcare locally. This strategic initiative aligns with Odu’a Investment’s SRC 2025 (Sweat, Revive, and Create) strategicRead More
OICL Team at the Presidential Library Abeokuta Friday, January 17, 2024, ODU’A Investment Company Limited (OICL) concluded its 2025 Management Retreat at the serene Green Legacy Resort in the historic city of Abeokuta, Ogun State. The retreat was held over two days from Thursday, January 16, to Friday, January 17, 2025.The retreat brought together theRead More
One year ago, the Board of Odu’a Investment Company Limited (OICL) launched Project DEFINED, a digital literacy initiative under their non-profit social impact arm, the Odu’a Investment Foundation. Project DEFINED, which stands for Digital Education for Innovation and Economic Development, aims to equip students in public schools across South-West Nigeria with essential digital skills toRead More
