Femi Otedola raises First HoldCo stake to 21.96% worth N77.6bn
43 billion worth of his holdings as at June 18, 2026.
The insider purchase comes barely a day after First HoldCo became the first Nigerian banking stock to cross the N5 trillion market capitalization milestone during intraday trading, showing its position as the one of the most valuable listed banking institution.
It will be recalled that in June, Otedola purchased 680 million shares in First HoldCo through a private placement in a deal worth N29.
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