Otedola acquires additional N222bn FirstHoldco shares, now controls 26%

By Peter Egwuatu Femi Otedola, Chairman of First HoldCo, parent company of First Bank, has bought additional 1.779 billion shares of the company worth N222.209 billion. According to a statement signed by the company’s secretary, Abiola Baruwa, made available to the Nigerian Exchange Limited, NGX, yesterday, the shares were acquired through Otedola’s investment vehicle, Calvados Global Services Limited. […] The post Otedola acquires additional N222bn FirstHoldco shares, now controls 26% appear...

By Urowayino Jeremiah