Otedola Tightens Grip on First Holdco with Increased Shareholding
Billionaire investor Femi Otedola has strengthened his grip on First Bank by acquiring a substantial stake in First Holdco Plc, the bank’s parent company. Otedola purchased 10.47 billion units of shares worth ₦324.47 billion, increasing his stake from 15% to approximately 40%. This strategic move gives him significant control over Nigeria’s oldest bank. […]










