first holdco

  1. Billionaire Femi Otedola Increases Stake in First HoldCo to 18.12%

    Nigeria Billionaire Femi Otedola Increases Stake in First HoldCo to 18.12%

    The Digest: Billionaire investor and Group Chairman of First HoldCo Plc, Femi Otedola, has significantly increased his stake in the financial holding company to 18.12%. According to the company's unaudited 2025 financial statements, Otedola's combined direct and indirect shareholding now...
  2. Femi Otedola Sells Geregu Power Stake, to Invest in Financial Sector

    Nigeria Femi Otedola Sells Geregu Power Stake, to Invest in Financial Sector

    The Digest: Billionaire businessman Femi Otedola has sold his majority stake in Geregu Power Plc in a deal valued at $750 million, marking a significant divestment from the power generation company he took public in 2022. According to sources, the sale was facilitated by a consortium of...
  3. Billionaire Femi Otedola Acquires Additional N14.8 Billion Stake in First HoldCo

    Nigeria Billionaire Femi Otedola Acquires Additional N14.8 Billion Stake in First HoldCo

    The Digest: Billionaire businessman and chairman of First HoldCo Plc, Femi Otedola, has significantly increased his stake in the financial holding company with the acquisition of shares worth N14.8 billion. According to a corporate disclosure filed with the Nigerian Exchange Group, the...
  4. Femi Otedola Increases First HoldCo Stake with N2 Billion Share Purchase

    Nigeria Femi Otedola Increases First HoldCo Stake with N2 Billion Share Purchase

    The Digest: Billionaire businessman Femi Otedola has expanded his stake in First HoldCo Plc, acquiring 64.87 million shares worth N2.01 billion. The purchase, disclosed in regulatory filings on Wednesday, raises Otedola’s total holding to 16.1 percent, reinforcing his position as the company’s...
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