The latest surge builds on Femi Otedola's return to the Forbes World's Billionaires list in March 2024 with a net worth of $1.4 billion...

Femi Otedola has lifted his stake in First HoldCo, parent of First Bank of Nigeria, to 25.87 percent and says he is aiming for outright control.

Femi Otedola has spent about $300 million on First HoldCo shares in 2026, raising his stake to 26