Glamtush
No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
No Result
View All Result
Glamtush
No Result
View All Result
Home Business & Brands

Otedola Acquires Substantial Stake In FBN Holdings

byeditor
October 23, 2021
in Business & Brands
Reading Time: 1 min read
Otedola Acquires Substantial Stake In FBN Holdings
Share on FacebookShare on TwitterShare on PinterestShare on WhatsappShare on LinkedinShare on Telegram

FBN Holdings Plc has announced that billionaire businessman, Femi Otedola, has acquired a substantial stake in its business.

FBN Holdings made the announcement in a statement issued on the Nigerian Exchange Limited’s portal on Saturday.

READ ALSO

Union Bank Responds To High Court Ruling On NICON Investments Limited, Global Fleet And Jimoh Ibrahim Case

The Alternative Bank Champions Bold Action For Africa’s Future Ahead Of ASIS 2025 Summit

According to a statement signed by the company secretary, Seye Kosoko, Otedola’s stake in FBN Holdings now stands at 5.07 percent.

“We refer to our communication to the market dated October 22, 2021 on the above subject wherein we stated that we would inform the public of any substantial acquisition, upon receipt of notification from the Shareholder,” the notice said.

“This morning, October 23, 2021, FBN Holdings Plc received a notification from APT Securities and Funds Limited, that their Client, Mr. Otedola Olufemi Peter and his nominee, Calvados Global Services Limited have acquired a total of 1,818,551,625 units of shares from the Company’s issued share capital of 35,895,292,791.

“Based on the foregoing, the equity stake of Mr. Otedola Olufemi Peter and his nominee in the Company is now 5.07%.”

Related Posts

Union Bank
Business & Brands

Union Bank Responds To High Court Ruling On NICON Investments Limited, Global Fleet And Jimoh Ibrahim Case

July 9, 2025
ASIS
Business & Brands

The Alternative Bank Champions Bold Action For Africa’s Future Ahead Of ASIS 2025 Summit

July 9, 2025
Benue
Business & Brands

Fidelity Bank Delivers Hope to Internally Displaced Persons In Benue

July 9, 2025
Union Bank
Business & Brands

Union Bank Strengthens Public-Private Partnership At Maiden International Civil Service Conference

July 9, 2025
GTCO Plc
Business & Brands

GTCO Plc Becomes 1st Financial Services Institution In West Africa To Achieve Listing And Trading Of Its Ordinary Shares On The London Stock Exchange

July 5, 2025
Zenith Bank
Business & Brands

Zenith Bank Tops Nigeria’s Banking Sector For 16th Consecutive Year In The 2025 Top 1000 World Bank’s Ranking 

July 4, 2025
Next Post
Niger-Delta Cultural Pageant

Miss Kasi Usani Wins Face Of Niger-Delta Cultural Pageant 2021 Contest

LATEST COVER

Priscilla Ojo

GPBN Associates Member

Fidelity Bank

Zenith Bank

Union Bank

Union Bank Responds To High Court Ruling On NICON Investments Limited, Global Fleet And Jimoh Ibrahim Case

July 9, 2025
2025 Basic Education Certificate Examination

BREAKING: NECO Releases 2025 Basic Education Certificate Examination Results

July 9, 2025
ASIS

The Alternative Bank Champions Bold Action For Africa’s Future Ahead Of ASIS 2025 Summit

July 9, 2025
MaWhoo

MaWhoo Takes Her Throne As Spotify EQUAL Africa Ambassador For July

July 9, 2025
Nigerian Idol Season 10

Purp And Raymu To Compete In Nigerian Idol Season 10 Grand Finale

July 9, 2025
2025 Admissions

JAMB Sets 150 Benchmark For 2025 Admissions

July 9, 2025
Benue

Fidelity Bank Delivers Hope to Internally Displaced Persons In Benue

July 9, 2025
Union Bank

Union Bank Strengthens Public-Private Partnership At Maiden International Civil Service Conference

July 9, 2025
MultiChoice Fined ₦766m

MultiChoice Fined ₦766m By FG For Privacy Breaches

July 7, 2025
Rasheed Ladoja

Ex-Oyo Governor, Rasheed Ladoja, Set To Become 44th Olubadan

July 7, 2025

GLAMTUSH

 

Glamtush publishes the latest trends in fashion, beauty, and lifestyle, as well as those making the fashion world interesting and adorable.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us

REACH OUT

Do you have any news for us? Event Coverage, Press Releases or Adverts? Then reach out to us via glamtush@gmail.com or glamtush15@gmail.com

OFFICE ADDRESS

Lagos, Nigeria

Copyright © 2022 Glamtush

  • About Us
  • Advertise
  • Contact Us
  • Disclaimer
  • Glamtush – Nigeria News, Nigerian Newspapers, Naija News
  • Glamtush – Nigeria News, Nigerian Newspapers, Naija News
  • Terms And Conditions
  • Write for Us

© 2022 Glamtush

No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events

© 2022 Glamtush