Nigerian billionaire Femi Otedola spends $56 million on First HoldCo shares in his largest single purchase

Billionaires Africa | 22.07.2026 22:03
Femi Otedola has spent ₦77.58 billion ($56.2 million) buying 706.13 million shares in First HoldCo, the largest sum he has committed to a single transaction since taking the chairmanship of Nigeria's oldest bank.