Nigerian billionaire Femi Otedola has acquired an additional N18bn in First HoldCo shares, increasing his stake to 27.16% and solidifying his control over the company.

Femi Otedola has significantly increased his stake in FirstHoldco to 26% through a N222 billion share purchase. This substantial investment boosts his ownership in the company, making him a major shareholder.

Femi Otedola has purchased N77.6 billion worth of First HoldCo shares, bringing his stake close to 22% and nearly matching the largest shareholder, RC Investment.

Femi Otedola and Paul Enenche were named among Nigeria’s 10 'Models of Exemplary Fatherhood,' recognized for their inspirational leadership and commitment to family values.

Femi Otedola is set to invest $100 million in the Dangote Refinery, further strengthening his long-standing business and personal relationship with Aliko Dangote.

Nigerian billionaire Femi Otedola has reportedly staked $100 million in the Dangote Refinery, as investor demand for the project has exceeded $2 billion.

Billionaire Femi Otedola is among the writers shortlisted for the BCA African Business Book 2026 award, which features titles on leadership, finance, and Africa's economic future.

Femi Otedola has publicly debunked rumors suggesting his involvement in funding the Dangote Refinery project.

Billionaire Femi Otedola shares a warm tribute to Aliko Dangote on his birthday, calling him his ‘bestie’ and Africa’s greatest entrepreneur. Read More:…

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Mr. Femi Otedola has acquired an additional 138 million shares in First HoldCo, valued at ₦18.1 billion, increasing his total holdings in the financial institution.

Femi Otedola has acquired an additional 1.78 billion First HoldCo shares, increasing his stake in the company to 25.86%. This new purchase represents 3.91 percent of the company's outstanding shares.

Nigerian billionaire Femi Otedola has raised his stake in First HoldCo to 21.96% through a N77.6 billion share purchase, increasing his control from 9.28 billion to 9.99 billion shares.

Mr. Otedola acquired N29.6 billion worth of shares in First HoldCo through a private placement program, raising his total stake in the company to 20.4%.

Billionaire tycoon Femi Otedola stated that the proceeds from the sale of his Geregu Power Plant stake were invested in Dangote Refinery ahead of its planned public offering.

Femi Otedola has divested his stake in Geregu Power, announcing his intention to invest in the upcoming Dangote Refinery IPO. He described the refinery project as transformative for Africa’s economy.

Nigerian tycoon Femi Otedola reportedly purchased a mansion in London for £53 million.

Nigerian billionaire Femi Otedola praised President Tinubu's commitment to economic reforms after an Easter Sunday meeting where they discussed measures to benefit Nigerians.

Nigerian billionaire Femi Otedola has acquired an additional 1.779 billion shares of FirstHoldco, parent company of First Bank, valued at N222.209 billion, bringing his total control to 26%.

Femi Otedola, Chairman of First HoldCo Plc, has increased his shareholding in the company to 21.96 percent by acquiring an additional 706.13 million shares valued at N77.58 billion.

Femi Otedola's memoir, 'Making It Big,' has been recognized as the African Business Book of the Year, less than a year after its official launch in London.

Billionaire businessman Femi Otedola has successfully completed an executive leadership program, 'Leading Businesses for the Future,' at the London Business School.

Femi Otedola asserted that Dangote refinery and fertilizer projects have significantly transformed Nigeria’s industrial landscape, reducing the country's dependence on imports.

Femi Otedola, through his special purpose acquisition company Calvados Global Services Limited, acquired 549.5 million shares in First HoldCo for N43.4 billion, with each unit priced at N79.

Businessman Femi Otedola shared that Globacom chairman Mike Adenuga told him over two decades ago that he would become a 'great man'.

Nigerian billionaire Femi Otedola celebrates his mother's 94th birthday.