Oba Otudeko’s Barbican Capital displaces Otedola as First Bank Holdings majority shareholder

Barbican Capital has acquired 4.77 billion shares of First Bank of Nigeria (FBN) Holdings.

FBN Holdings confirmed the development in a notice sent to the Nigerian Exchange Group (NGX) on Friday.

First Bank Holdings said Barbican Capital bought a total of 4,770,269,843 units, a 13.3 percent majority stake in the lender.

RipplesNigeria : Read More