September 24, 2026

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Tag: Otedola acquires N18bn First HoldCo shares

Femi Otedola Boosts First HoldCo Stake With Fresh ₦20.7 Billion Share Purchase

Billionaire businessman Femi Otedola has further increased his investment in First HoldCo Plc, acquiring an additional 147.74 million shares worth ₦20.68 billion as he continues to strengthen his position in the financial services group. The latest purchase was executed on August 14, 2026, at ₦140 per share through Calvados Global Services Limited, an investment vehicle…

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Abiola03 mins

Femi Otedola Invests Fresh ₦18.1 Billion in First HoldCo, Further Raises Stake

Billionaire businessman and First HoldCo Plc Group Chairman, Femi Otedola, has strengthened his position in the financial services group after acquiring an additional 138.04 million shares valued at ₦18.11 billion through an entity linked to him. The latest purchase, executed on the Nigerian Exchange Limited (NGX), further increases Otedola’s beneficial ownership of First HoldCo as…

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Abiola05 mins