Tag: First Holdco Plc

Mr Otedola executed the share purchase through the N45 billion second tranche of the lender’s N350 billion private placement programme.

Mr Otedola noted that he is hoping to invest part of the proceeds of the divestment of his shareholding in ...

The bulk of the impairment charge was reported in the fourth quarter of the year, when the group set aside ...

First HoldCo Plc taking the bull by the horn with record impairment charge, grows gross earnings to N3.4 trillion for ...

The planned cash distribution translates into a total payout of N22.5 billion, marking a 5.9 per cent increase over what ...

The forum, which held in Lagos on Tuesday, assembled prominent economists, subject-matter experts, business leaders and finance professionals for conversations ...

Mr Otedola says stronger capital buffers will improve governance, expand ownership structures and stop banks from being run as “personal ...

The deal was valued at $750 million, a source close to Mr Otedola, with knowledge of the transaction told PREMIUM ...

Abiola Baruwa will assume the role on 7 November, replacing Adewale Arogundade.

With the new purchases, his current combined shareholding in the banking holding company stands at 12 per cent, translating into ...

EFCC gave a reason for withdrawing the charges against Oba Otudeko

First HoldCo called on ThisDay and Arise TV to uphold the principles of journalism by verifying facts before publication.

Market breadth also closed negative, with 51 losers and nine gainers.