Otedola boosts First HoldCo control with N12.58bn stake

🇳🇬 Punch Nigeria (NG) —
Otedola boosts First HoldCo control with N12.58bn stake

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Femi Otedola, billionaire and Chairman of First HoldCo Plc, has increased his control over the company by acquiring an additional N12.58 billion equity stake. The transaction was disclosed in a filing submitted to the Nigerian Exchange Limited.

Billionaire businessman and Chairman of First HoldCo Plc, Femi Otedola, has further consolidated his controlling position in the financial services group through a fresh N12.58bn equity transaction. The insider transaction was formally disclosed in a regulatory filing submitted to the Nigerian Exchange Limited, which was authorised by the Group Company Secretary, Abiola Baruwa. According to Read More: https://punchng.com/otedola-boosts-first-holdco-control-with-n12-58bn-stake/

Politics Markets Deals Femi Otedola First HoldCo Plc equity transaction Nigerian Exchange Limited financial services Nigeria

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