Otedola acquires additional 138 million First HoldCo shares worth ₦18.1 billion

Femi Otedola acquired an additional 138 million First HoldCo shares valued at ₦18.1 billion. The transaction brings his reported holding in the financial institution to approximately 11.9 billion shares, worth about ₦1.74 trillion based on First HoldCo’s stated share price of ₦146.20 on 7 August.