Browsing: Femi Otedola

Taking the top seat as the largest single shareholder, Femi Otedola, First Holdco chairman, has raised his direct interest in the group by 4121% in 12 months to 1.689 billion units, according to audited financial statements released. Indirect shares credited to Otedola also increased by about 28% to 2.543 billion units.

Femi Otedola, FBN Holdings Plc’s chairman, raised its shareholding in the financial services group with direct and indirect share purchases worth N19 billion on Thursday, according to a regulatory filing.

Geregu Power Plc has solidified its gaining streaks as the company’s share price inched upward by about 5% last week. The utilities company listed at N100 per share last year has pooped to N305 as investors continue to take positions.