How Otedola emerged second majority investor in First Bank

• First Bank has listed a company owned by Oba Otudeko as its majority investor
• The company revealed in its financial statement that Barbican Capital Limited emerged as its majority shareholder in July 2023
• The development meant the recently announced chairman of the banking group, Femi Otedola, is now the second majority investor

Pascal Oparada has over a decade of experience covering Tech, Energy, Stocks, Investments, and Economy.

First Bank of Nigeria Holdings has named Oba Otudeko’s Barbican Capital Limited its majority shareholder.

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