Otedola raises stake in FBN Holdings with N16bn investment

Otedola raises stake in FBN Holdings with N16bn investment

The Chairman of FBN Holdings, Femi Otedola, has acquired 534,094,407 ordinary shares at N30.00 each, amounting to a total value of N16.02bn in First Bank. In a notice filed on the Nigerian Exchange Limited about directors dealing on Thursday, this transaction took place between September 23 and September 25 and has been officially documented as

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