Otedola Raises First HoldCo Stake to 27.7%

• • 1 min read
Otedola Raises First HoldCo Stake to 27.7%

LAGOS — Femi Otedola has bought 95.7 million more shares in First HoldCo at N131.48 each, worth about N12.58 billion, according to a filing with the Nigerian Exchange. His stake has risen to about 27.7 per cent, making him the largest shareholder ahead of RC Investment. It was his third purchase in August.

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