
Otedola Defends ₦748bn Bad Loan Write-Off at First HoldCo: How It Will Impact Investors’ Buy/Sell Decisions
Femi Otedola, chairman of First HoldCo Plc, has publicly defended the group’s decision to take a ₦748 billion one-time impairment

Femi Otedola, chairman of First HoldCo Plc, has publicly defended the group’s decision to take a ₦748 billion one-time impairment

Femi Otedola has increased his ownership stake in First HoldCo Plc to 18.12%, deepening his position as the group’s most

Geregu Power Plc has proposed a cash dividend of ₦9.00 per ordinary share for the financial year ended 31 December

When First HoldCo Plc unveiled a broad reconstitution of boards across its non-bank subsidiaries in January 2026, the move was

Major shareholder Femi Otedola has said FirstBank has already met the ₦500 billion minimum capital requirement set by the Central

FirstBank has met the N500 billion minimum capital base required by the Central Bank of Nigeria (CBN) for an international

Femi Otedola has exited the board of Geregu Power following the sale of his shareholding in the company to MA’AM

Billionaire businessman Femi Otedola has sold his majority stake in Geregu Power Plc to MA’AM Energy Limited for N1.088 trillion

Femi Otedola, the chairman of First HoldCo Plc, has further consolidated his position as the top shareholder of the financial

Business mogul, Femi Otedola, has commended his longtime associate and Africa’s richest man, Aliko Dangote, following the announcement of a

FirstHoldCo Plc Group Chairman, Femi Otedola has increased his stake in the company. He purchased 39,313,379 units valued at N1.21

FBN Holdings Plc (FirstHoldco) shares have surged by more than 20% in just two trading sessions in the aftermath of






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