Femi Otedola pushes his First HoldCo stake toward 20% with a fresh N43 billion purchase
Billionaires Africa | 14.05.2026 02:32
The First HoldCo chairman has acquired an additional N43 billion in shares of the financial holding company, according to a regulatory filing disclosed on the Nigerian Exchange on Tuesday. The transaction is his largest single open-market purchase since he took the chairman's seat in January 2024 and the most expensive on a per-share basis, as the stock has moved substantially since his earlier accumulation rounds.