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Otedola bought another 95.69 million First HoldCo shares for N12.58 billion.
His total stake has risen to about 12.23 billion shares, or 26.6 percent.
His First HoldCo holding is now worth approximately N1.61 trillion.
Femi Otedola, chairman of First HoldCo Plc, has further...
KEY POINTS
A suspected Lakurawa fighter identified as Mar Dego has been linked by local sources to Friday’s mosque attack in Dekera, Niger State.
Gunmen reportedly abducted several worshippers during prayers.
Community leaders are calling for increased security presence as authorities have yet to...
Aviation Minister Festus Keyamo says President Tinubu has agreed to waive the debts Nigerian airlines owe to aviation agencies as Jet A1 fuel prices soar.
US Senator Ted Cruz says Nigerian officials are complicit in killing Christians, while former minister Lai Mohammed insists Boko Haram has killed more Muslims.
Wale Edun and Ahmed Musa Dangiwa resigned from Tinubu's cabinet on their own, the presidency says, denying reports that the President sacked the two ministers.
Nigeria's social insurance fund chief Oluwaseun Falaye has opened a new help desk to speed compensation claims for federal civil servants in treasury-funded ministries.