Another ₦18.1 billion. Another 138.04 million shares. Another step deeper into First HoldCo. But is @femiotedola building a stake, or building control? There is something almost hypnotic about watching a determined investor keep putting his money where his conviction(mouth) is. One purchase attracts attention. Two become a pattern. But when the cheques run into hundreds […]
By Abiola Olatunde Aloba There are investors. There are market movers. Then there are those rare individuals whose every move compels the entire market to pause, recalibrate & ask, what does he know that the rest of us don’t? For the 2nd time in barely a week, @femiotedola has done exactly that. Just when the […]
For the past few years, the great investor, Mr. Femi Otedola, aka Otedollar, has quietly & steadily been buying into First HoldCo Plc, the parent company of First Bank Plc. By Wednesday’s latest acquisition, that steady accumulation had reached what, by Nigerian standards, can only be described as colossal. His latest purchase, valued at a […]
Except there are more powerful shareholders whose holdings remain hidden from public view, then it is safe to say that Mr. OluFemi Peter Otedola has just etched his name into the history books…Again! The man whose name has, over the years, become almost synonymous with the dollar sign, popularly & fondly christened ‘Otedollar’, has most […]
