First Bank Shareholders Suffer N80.76bn Loss After Electing Otedola As Director

First Bank of Nigeria Holdings Plc (FBNH) shareholders have lost at least N80.76bn in the past week as negative market sentiments hit the company since its last Annual General Meeting (AGM).

Shares of First Bank dropped from N18.80 on August 18 to N16.55 on August 25, causing shareholders to lose N2.25 for every single share held, data analysed by THE WHISTLER reveals.