The latest acquisition raised Otedola’s stake from 20.42 per cent to 21.96 per cent, increasing the volume of shares under his control from 9.28 billion to 9.99 billion.

The Chairman of FirstHoldCo, Femi Otedola, says the company's earning marks a new chapter of growth, resilience and value creation

Nigerian billionaire Femi Otedola has tightened his grip on First HoldCo Plc, raising his ownership to more than 20 percent following

Femi Otedola, billionaire investor and group chairman, of First HoldCo Plc, has significantly deepened his stake in Nigeria’s premier...

The latest acquisition raised Otedola’s stake from 20.42 per cent to 21.96 per cent, increasing the volume of shares under his control from 9.28 billion to 9.99 billion.

The latest share purchase puts him roughly one per cent away from catching up with RC Investment, the bridge holder currently holding the largest stake (22.94 per cent) in the…