African billionaire Femi Otedola says he wants majority ownership of First HoldCo after investing more than $430 million as Nigeria’s biggest banking group reaches a record valuation

First HoldCo Plc, the parent entity of one of Nigeria’s largest commercial bank, First Bank, has secured regulatory approval from the Central Bank of Nigeria to launch a major $1…

African billionaire Femi Otedola says he wants majority ownership of First HoldCo after investing more than $430 million as Nigeria’s biggest banking group reaches a record…