How Otedola may have acquired 10% stake in FBNH

Femi Otedola: I appreciate God’s kindness to me through charity
Femi Otedola

By Peter Egwuatu

Femi Otedola, a billionaire businessman, may have acquired 10 per cent stake in First Bank of Nigeria with N30 billion worth of shares, making him the bank’s single largest shareholder following the crisis that rocked the Board of Directors recently.

Though, there has not been official confirmation from the regulatory authorities as at the time of filling in the report.

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