Nigerian Multi-Billionaire Femi Otedola sets to take over First Bank Nigeria

Several resources has confirmed that the Nigerian business mogul and Multi Billionaire Femi Otedola has taken over the oldest bank in Nigeria, First Bank with his acquisition of about N30 billion worth of shares.

Multiple sources have also announced that the majority of the bank owners has compromised with the billionaire and are ready to hand over via the following months of slow and meticulous purchase of the company shares on the floor of the Nigerian Stock Exchange by Otedola.

You may also like: DJ Cuppy flaunts her two sisters Femi and Tolani Otedola in a heartwarming photo

This spanked after the ownership sector of the First Bank Nigeria collapsed which boosted the Nigerian Bussiness mogul confidence to take over the Bank.

Announcement will be made in the coming days as Nigerian professes their feeling via the saga.

 

Do you find Xclusiveloaded useful? Click here to give us five stars rating!

 

Join the Discussion

No one has commented yet. Be the first!

Leave a Reply

Your email address will not be published.