✦ World · Africa Business Insider
West Africa’s 4th richest billionaire Femi Otedola says he is targeting majority ownership of Nigeria’s oldest banking giant after investing over $430 million
WORLDAFRICA BUSINESS INSIDERMon, 03 Aug 2026
African billionaire Femi Otedola has publicly signalled his intention to eventually take majority control of First HoldCo, the parent company of First Bank, after investing more than ₦600 billion ($432 million) of his pe...