Barbican, Honeywell owners to meet with FBN stakeholders amid shareholders’ rift

The owners of Barbican Capital Limited, and its affiliate, Honeywell Group, Obafemi Otudeko and Foluke Oyeleye, will meet with stakeholders of FBN Holdings this week.

Ripples Nigeria notes that the meeting will hold amid a reported rift between Otudeko, the former chairman of FBN Holdings, and the majority shareholders of the financial institution.

Recall that last week, reports emerged that Otudeko had returned as the largest shareholder of FBN Holdings through his investment company, Barbican Capital, which he co-owns with Oyeleye.