The billionaire businessman, Femi Otedola, suffered mixed fortune in the Nigerian capital market following the drop in his investment in First Bank Holdings by -6.35 percent.
He, however, posted a 20.9 percent growth in his investment in Geregu Power during the period.
Analysis of Otedola’s investment during trading on December 29 showed that he lost N1.49 billion after the demand for First Bank’s shares dropped in the capital market.
NigeriaDNA is a Direct News source that delivers the latest news, buzz, and stories from some of Nigeria’s most popular and trusted news websites. NigeriaDNA facilitates this by publishing headlines linking to breaking news and curated snippets from a diverse range of Nigerian credible, independent, and public-interest news sources. Our editors make it easy for Nigerians abroad and diaspora to discover top news stories in real-time as they're posted and directly linked to Nigeria's authoritative News Sources.
© 2024 All Rights Reserved | Curated and Powered by Nigeria DNA
