Billionaire Femi Otedola's First HoldCo to pay out 60% of profit, worth $60 million to him
Billionaires Africa | 31.07.2026 09:16
First HoldCo will distribute at least 60% of its profit after tax to shareholders every year, under a policy its board approved on Tuesday, and the largest single beneficiary will be the chairman who has spent this year buying the stock.
