Nigerian billionaire Femi Otedola gains more than $6.8 million in past six days from First Bank stake
Otedola is the largest stakeholder in the financial services provider.
Femi Otedola
Nigerian tycoons Femi Otedola, Hassan-Odukale to pocket $3.9-million in dividends from FBNH
The news comes several months after the businessmen revealed their stakes in the bank.
Nigerian billionaire Femi Otedola’s stake in country’s oldest bank is worth $75.5 million
Aside from his ownership stake in FBN Holdings, Otedola has interests in shipping, real estate and finance.
Nigerian banking executive Remi Babalola resigns weeks after Femi Otedola increases stake in FBN Holdings
Experts believe Otedola could take over the helm as the bank’s chairman, or exercise some level of control over its administration.
Nigerian billionaire Femi Otedola not interested in becoming director in Nigeria’s largest bank
Otedola has said that contrary to speculation he has no interest in becoming the chairman of First Bank Nigeria.
Nigerian billionaire Femi Otedola cements position as largest shareholder in Nigeria’s oldest bank
Otedola recently bought another 898,730,515 shares in the bank.
Nigerian billionaire Femi Otedola loses $2.9 million in four days as First Bank shares fall
FBN Holdings is one of the largest financial services organizations in Africa.
Save the Children UK appoints Nigerian billionaire Femi Otedola as vice president
His daughter, Florence Ifeoluwa Otedola, popularly known as “DJ Cuppy,” is a Save the Children ambassador.
Nigerian billionaire Femi Otedola confirmed officially as largest shareholder in First Bank
Otedola is resting pretty. He could now demand seats on the board, or even his appointment as chairman.
Nigerian billionaire Femi Otedola sees stake in FBNH rise by $4.9 million since early November
FBNH is one of the top five financial services providers in Nigeria, Africa’s largest economy.
Nigerian billionaires fight to control one of country’s largest banks
Nigerian billionaires are putting their hard-earned money to work to control First Bank of Nigeria Holdings.
Nigeria’s oldest bank confirms billionaire Femi Otedola’s acquisition of $54.2-million stake
Otedola is known for building corporate juggernauts in the energy, shipping, real estate and finance sectors.
Nigerian billionaire Femi Otedola acquires significant stake in First Bank of Nigeria Holdings
Otedola remains one of Nigeria’s wealthiest businessmen, who has conquered industries ranging from banking to oil and gas.
Nigerian lawmaker who sought to extort billionaire Femi Otedola bags seven years in prison
Farouk Lawan sought and obtained a bribe from Otedola during a probe into an alleged fuel subsidies scam.
Nigeria’s anti-graft agency confiscates oil tycoon Ernest Azudialu Obiejesi’s home in affluent Ikoyi
Obiejesi is known for his expensive taste, obsession with aircraft and penchant for acquiring private jets and pricey automobiles.
Eight Thriving African Billionaires Who Are 60 Years Old and Under
These eight billionaires aged 60 and under are continuing to take the world by storm.