Femi Otedola Reportedly Assumes Control of First Bank

*First Bank says it is not aware of the takeover Nigerian billionaire, Femi Otedola, has reportedly assumed control of First Bank, Nigeria’s oldest bank, after buying shares worth N30 billion of the company’s equities at the Nigerian Exchange (NGX) Limited, where the firm is listed. According to the report, Otedola may have taken advantage of … Continue reading Femi Otedola Reportedly Assumes Control of First Bank