The First Bank bet that added billions to Otedola’s wealth: All you need to know

When billionaire businessman Femi Otedola began steadily increasing his stake in First HoldCo, the move attracted attention in Nigeria’s financial market. Months later, the value of that investment has climbed sharply, helped by a combination of Otedola’s continued share purchases, a strong rally in First HoldCo’s stock and a significant improvement in the banking group’s … Read more