First HoldCo shareholders approve billionaire Femi Otedola's N1 trillion capital plan at today's AGM in Lagos
Billionaires Africa | 29.05.2026 20:20
FirstHoldCo shareholders voted today to approve a special resolution authorising the company to raise up to N253.099 billion, approximately $183.4 million, in fresh capital, clearing the path for chairman Femi Otedola's ambition of pushing Nigeria's oldest bank toward a N1 trillion, roughly $724.6 million, paid-up capital base.