JUST IN: Otedola buys additional 2.22% shares as stakes in FBN Holdings

Nigerian billionaire Femi Otedola, the Chairman of FBN Holdings, has acquired an additional 2.22 per cent stake in First Bank. This was disclosed in a corporate filing on the Nigerian Exchange Group on Monday. With this latest purchase, Otedola’s shareholding in the bank has increased to 11.63 per cent, solidifying his position as the largest