Femi Otedola has congratulated Aliko Dangote on the achievement of the Dangote Petroleum Refinery reaching its full 650,000 barrels per day production capacity. In a statement...
Femi Otedola, billionaire chairman of First HoldCo, has reaffirmed his long-term commitment to the group following a recent decline in the bank’s profitability and a drop...
First HoldCo Plc posted a ₦405.89 billion fourth-quarter loss in 2025 as rising impairment charges and higher operating costs erased gains from interest income and fees....
Femi Otedola, chairman of First HoldCo, has explained that the group’s sharp profit decline followed a deliberate decision to fully recognise legacy non-performing loans. He described...
First HoldCo Plc has announced a broad round of board appointments across its non-commercial banking subsidiaries, following regulatory approvals from the Securities and Exchange Commission and...
The chief executive officer of Oando Plc, Wale Tinubu, has described recent high-value transactions executed by Femi Otedola and Tony Elumelu as an early signal of...
Femi Otedola has urged Nigerian regulators to consider a higher capital threshold for banks operating with international licences. The Chairman of First HoldCo Plc said the...
Recent disclosures by Geregu Power Plc have triggered widespread debate among investors over whether billionaire Femi Otedola sold his shares in the company. A closer examination...
Billionaire investor Femi Otedola has divested his indirect controlling interest in Geregu Power Plc following a restructuring of the company’s majority shareholder, Amperion Power Distribution Company Limited....
First HoldCo Plc recorded one of the most decisive price re-ratings on the Nigerian Exchange in December 2025, with its share price rising from ₦31.45 to...