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Nigerian billionaire investor Femi Otedola acquisition

Nigerian billionaire investor Femi Otedola acquisition

July 30, 2026 · By Christy

Nigerian billionaire investor Femi Otedola has acquired an additional N222.21 billion worth of shares in First HoldCo to further increase his majority stake in the financial holding company.Key Details of the AcquisitionInvestment Amount: N222.21 billion spent on additional stock purchases.New Stake: His total holding in the institution has risen significantly, reaching approximately 25.9%.Market Impact: The major transaction comes amid active trading and heightened investor interest on the Nigerian Exchange.As reported by Punch newspapers, “Otedola buys N222bn additional First HoldCo shares to boost stake.”

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Calebm12 Aug 07, 2026 · 3:46 am

Ok

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Doriss Aug 05, 2026 · 6:06 pm

Good

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Hope210410 Aug 05, 2026 · 5:47 am

Wonderful

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Vikeykey Aug 05, 2026 · 5:09 am

This is good

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Shaik Aug 04, 2026 · 5:46 am

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patokpons Aug 03, 2026 · 9:56 am

💕

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Tamim Aug 02, 2026 · 12:06 pm

Interesting

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Basiiyaa Aug 01, 2026 · 8:06 am

Wonderful

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Kingmbah1 Aug 01, 2026 · 7:52 am

That sound very interesting, Weldon

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