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By Peter Egwuatu Femi Otedola, Chairman of First HoldCo, parent company of First Bank, has bought additional 1.779 billion shares of the company worth N222.209 billion. According to a statement signed by the company’s secretary, Abiola Baruwa, made available to the Nigerian Exchange Limited, NGX, yesterday, the shares were acquired through Otedola’s investment vehicle, Calvados Global Services Limited. […] The post Otedola acquires additional N222bn FirstHoldco shares, now controls 26% app
By Peter Egwuatu Femi Otedola, Chairman of First HoldCo Plc, has increased his stake in the financial institution after acquiring additional 1.779 billion shares valued at N222.209 billion. The acquisition was disclosed in a statement signed by the company’s Secretary, Abiola Baruwa, and filed with the Nigerian Exchange Limited (NGX) on Thursday. According to the […] The post Otedola raises FirstHoldco stake to 26% with N222bn share purchase appeared first on Vanguard News.
By Elizabeth Adegbesan Lasaco Assurance Plc has recorded another significant milestone in its ongoing recapitalisation programme, raising N19.3 billion from existing shareholders in its recently concluded Right Issue. This figure surpasses the intended N18.47 billion subscription level by 4.5 percent. According to the Company, this milestone reinforces its commitment to meeting the requirements of the Nigerian […] The post Lasaco Assurance raises N19.3bn in Right Issue appeared first on Va
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