Femi Otedola, the chairman of First HoldCo Plc, has increased his stake in the company with the acquisition of 549.5 million shares valued at N43.41 billion.
The transaction, which further tightens the investor’s control in the financial institution, was disclosed in an insider dealing notice on the Nigerian Exchange (NGX) on Wednesday.
According to the notice, the shares were purchased at N79 per unit on May 13, 2026.
The Cable
