Nigerian billionaire Femi Otedola gains $138 million on Friday as FirstHoldCo shares hit record high
First HoldCo rose 10% to N162.80 on Friday morning, a record, adding about N182.6 billion to Femi Otedola's stake in a single session.
First Bank Nigeria
First HoldCo shareholders approve billionaire Femi Otedola's N1 trillion capital plan at today's AGM in Lagos
FirstHoldCo shareholders approved the N253 billion capital raise at today's 14th AGM, clearing the path for Femi Otedola's N1 trillion paid-up capital target for First Bank of Nigeria.
FirstHoldCo shareholders vote today on billionaire Femi Otedola's $725 million capital plan for First Bank
FirstHoldCo shareholders gather today for their 14th AGM to vote on raising N253 billion ($183.4 million) in fresh capital toward a N1 trillion ($724.6 million) paid-up base championed by Femi Otedola.
Femi Otedola pushes his First HoldCo stake toward 20% with a fresh N43 billion purchase
Femi Otedola has made a fresh N43 billion open-market purchase of First HoldCo shares, his biggest single acquisition since taking the chairman's seat in 2024.
No respite for Ernest Azudialu-Obiejesi as court of appeal sacks Wole Olanipekun SAN as consortium of banks tighten their grip on Nestoil and Neconde
Nigeria’s appeal court says receivership has frozen the board’s authority, forcing Nestoil and Neconde to swap legal teams mid battle with lenders.
First Bank Nigeria’s new top exec Urum Kalu Eke buys huge tranche of shares just weeks after Central Bank backlash
The move is raising some eyebrows, while others say it’s just “business as usual.”