Tag: Femi Otedola
Foreign Reserves Now $55bn— Otedola Lauds Tinubu’s Economic Policies in France
By: Odeh Favour Adiya President Bola Tinubu on Monday hosted billionaire businessman Femi Otedola to a private dinner in Paris, France, as the President continues ... Read More
Femi Otedola Raises First HoldCo Stake to 26.4% After Fresh N20.68bn Investment
Billionaire businessman Femi Otedola has further increased his ownership of First HoldCo Plc after acquiring an additional 147.74 million shares in the financial services group. ... Read More
First HoldCo Chairman, Femi Otedola Acquires Additional 1.77 Billion Shares at ₦222bn
Femi Otedola has strengthened his position as the largest shareholder in First HoldCo after purchasing an additional 1.77 billion shares in the financial services group ... Read More
Otedola Defends ₦748bn Write-Off as First Bank Records 92% Profit Drop
The profit of Nigeria’s oldest financial institutions, First Bank of Nigeria Holdings Plc (First HoldCo), has declined by 92 per cent following a one-off provision ... Read More
Otedola challenges Tinubu to unseal subsidy fraud report and unmask the “real thieves”
Business mogul and Chairman of Geregu Power Plc, Femi Otedola, has strongly denied fresh allegations linking him to Nigeria’s controversial fuel subsidy scandal, describing the ... Read More
Banks Sent Hefty Thugs After My Business Took A Hit – Femi Otedola
Billionaire businessman, Femi Otedola, has recounted how some banks once deployed “bewitching ladies” to win his deposits, only to turn hostile when his fortunes took ... Read More