Femi Otedola Lifts First HoldCo Stake to 21.95% With N77.6 Billion Share Purchase

Femi Otedola has increased his shareholding in First HoldCo to 21.95 percent through an N77.6 billion share purchase, described as the largest single ownership movement in Nigerian banking in the current market cycle. The transaction follows First HoldCo's recent ascent to become Nigeria's most capitalised banking stock.