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Otedola increases stake in FBN Holdings to 11.64% with fresh 797m shares

A few days after Femi Otedola acquired 863m shares of FBN Holdings to become the single largest shareholder of the financial services giant, the...

Again, Otedola splashes N183m on additional FBN Holdings shares

Billionaire businessman, Femi Otedola, has again splashed N183m on additional shares in FBN Holdings to further increase his stake in the company.The fresh acquisition...

Dangote retains position as Africa’s richest person as Otedola moves up in ranking (See list)

Nigeria’s industrialist and Chairman of Dangote Industries Limited, Chief Aliko Dangote has kept his place as Africa’s richest man, latest data by American business...

Why I am investing in Dangote cement —Otedola

Billionaire businessman, FeminOtedola has explained that long-term wealth preservation, export potential and shareholder value are some of the factors that informed his decision to...

Tinubu leads Dangote, Otedola, Ajaere, 35 other industry leaders to India

President Bola Tinubu is to lead a delegation of 38 businessmen and industry leaders in Nigeria’s private sector to a Presidential Round Table with...

In-fighting among Otudeko, Otedola, others costs First Bank shareholders N61bn

Shareholders of First Bank of Nigeria (FBN) Holdings lost about eight per cent of their investment on Wednesday, as the rift between Oba Otudeko...

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...

Shareholders lose N12.6bn amidst Otedola’s disinvestment in Transcorp

The billionaire businessman, Femi Otedola’s exit from Transnational Corporation (Transcorp) has resulted in a 9.93 percent drop in shareholders’ investment value.Ripples Nigeria had reported...

Elumelu confirms buying extra N6bn shares to tighten control on Transcorp, Otedola unusually mute

Tony Elumelu has confirmed that he bought another 1.99 billion shares in Transnational Corporation (Transcorp), while Otedola stayed silent amid exit reports.Ripples Nigeria learnt...

Tony Elumelu parts with N23bn to take back Transcorp Plc control from Otedola

Tony Elumelu spent over N23 billion to tighten his control in Transnational Corporation (Transcorp) after Femi Otedola displaced him as the single largest majority...

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