Femi Otedola
First Bank shareholders move to remove Femi Otedola over alleged fraud
Some shareholders of First Bank of Nigeria Holdings Plc., on Wednesday called for the removal of chairman, Femi Otedola. The group of shareholders, who own 10 per cent shares in the company, called for an Extra-Ordinary General Meeting to be held within 21 days, as provided by Section 215 (1) of the CAMA law, to […]
Otedola donates fresh N3.7 billion to Nigerian university
Nigerian businessman and philanthropist Femi Otedola has announced the donation of another faculty of engineering complex worth N3.7 billion to Augustine University at Ilara Epe in Lagos. Mr Otedola, who is the institution’s Chancellor, made the announcement during his address at the university’s 6th convocation ceremony, expressing his vision for the university to become a […]
BREAKING: Otedola buys fresh 2.22% shares as stakes in FBN Holdings hit 11.63%
Femi Otedola, billionaire businessman and chairman of FBN Holdings, has acquired an additional 2.22 percent shares in the First Bank of Nigeria The acquisition was disclosed in a corporate filing on the Nigerian Exchange Group (NGX) on Monday. The fresh acquisition further cements the billionaire’s control of the company as his shareholding has now reached […]
Femi Otedola appointed as new chairman of FBN Holdings
FBN Holdings Plc, a leading financial institution in Nigeria, has announced the appointment of Mr. Olufemi Peter Otedola, CON, as its new Chairman of the Board of Directors. This appointment, effective January 31, 2024, follows a recent meeting of the board where Mr. Otedola succeeds Alhaji Ahmad Abdullahi. Mr. Otedola, a renowned business mogul with […]