Femi Otedola boosts FBN Holdings stake by N183 million, continuing his share acquisition spree. His holdings now exceed 4.18 billion shares, solidifying his role as a major shareholder in the company.
Billionaire businessman Femi Otedola has expanded his stake in FBN Holdings with an additional...
Nigerian billionaire Femi Otedola increases stake in FBN Holdings to 11.63% with a N17.2 billion purchase of 2.22% additional shares. This move cements his position as the largest shareholder, surpassing previous majority holder Barbican Capital Limited, and potentially influencing the company's...
FBN Holdings undergoes a significant leadership transition as billionaire Femi Otedola assumes the Chairman role, accompanied by appointing five new directors. The announcement includes the addition of Olusola Adeeyo and Viswanathan Shankar as non-executive directors for FBN Holdings, and...
Mr. Urum Kalu Eke, one of the nominees for the Central Bank of Nigeria (CBN) Board, has declined the prestigious appointment. President Bola Tinubu had submitted Kalu Eke's name and four others for Senate confirmation.
However, Eke chose to skip the Senate Committee's screening process...
FBN Holdings has appointed billionaire businessman Femi Otedola as the new Chairman of its Board of Directors, succeeding Ahmad Abdullahi. The announcement, filed with the Nigerian Exchange Limited, follows Otedola's earlier appointment as a Non-Executive Director in August 2023, ratified by...
FBN Holdings today released its financial statements for the year ended December 2017. Here are the key highlights of the results; Revenue The bank reported Gross Earnings of ₦595 billion for the year ended December 2017 compared to ₦581 billion reported for the period ended December 2016...
First Bank of Nigeria Limited has approved the appointment of Mr. Patrick Iyamabo as the Chief Financial Officer (CFO) subject to the approval of the Central Bank of Nigeria.
Mr. Patrick Iyamabo will be assuming the CFO role which was hitherto held by Dr. Kazeem Adeduntan before his appointment...
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