November 23, 2024

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Otedola Takes Control: First Bank Stake Climbs to 11.63% After Fresh Share Purchase

by on June 25, 2024 0
Mr. Femi Otedola, billionaire businessman and Chairman of First Bank Nigeria (FBN) Holdings Plc, has acquired an additional 797,946,415 units of the company’s shares through the Nigerian Exchange Limited (NGX). This purchase, valued at N17.219 billion with shares traded at N21.58 each, further solidifies Otedola’s majority stake, raising his shareholding to 11.63%, the highest... Read More