{"id":240712,"date":"2026-08-09T07:40:01","date_gmt":"2026-08-09T05:40:01","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/nigeria\/nigeria-otedola-acquires-additional-138-million-first-holdco-shares-worth-%e2%82%a618-1-billion\/"},"modified":"2026-08-09T07:40:01","modified_gmt":"2026-08-09T05:40:01","slug":"nigeria-otedola-acquires-additional-138-million-first-holdco-shares-worth-%e2%82%a618-1-billion","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/nigeria\/nigeria-otedola-acquires-additional-138-million-first-holdco-shares-worth-%e2%82%a618-1-billion\/","title":{"rendered":"Nigeria: Otedola Acquires Additional 138 Million First Holdco Shares Worth \u20a618.1 Billion"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"33\">Mr Otedola now holds approximately 11.9 billion shares in the financial institution, valued at about \u20a61.74 trillion based on the company&#8217;s share price of \u20a6146.20 as of 12:35 p.m. (WAT) on 7 August.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"24\">Femi Otedola, chairman of First HoldCo Plc, has acquired an additional 138 million shares in the financial services group, valued at about \u20a618.1 billion.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"18\">The transaction was announced on Friday in a regulatory filing signed by the group&#8217;s Company Secretary, Abiola Baruwa.<\/p>\n<p class=\"story-body-text\" style=\"text-align: center;\">\n  <span style=\"font-size: 110%;\"><br \/>\nFollow us on <a href=\"https:\/\/whatsapp.com\/channel\/0029VaIdDi8Bqbr263erhw1K\" \/a rel=\"nofollow noopener\" target=\"_blank\"><\/span><\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202608070566.html\" target=\"_blank\" rel=\"nofollow noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 West Africa <a title=\"Nigeria\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/west-africa\/nigeria\/\">Nigeria<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mr Otedola now holds approximately 11.9 billion shares in the financial institution, valued at about \u20a61.74 trillion based on the company&#8217;s share price of \u20a6146.20 as of 12:35 p.m. (WAT) on 7 August. Femi Otedola, chairman of First HoldCo Plc, has acquired an additional 138 million shares in the financial services group, valued at about [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":188473,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[249],"tags":[9984,7303,258,256,6495,55098,5118,257,4687,393,39568,9825,254,5084],"class_list":["post-240712","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nigeria","tag-acquires","tag-additional","tag-africa","tag-africa-news","tag-billion","tag-holdco","tag-million","tag-news","tag-nigeria","tag-nigeria-news","tag-otedola","tag-shares","tag-south-africa-today","tag-worth"],"_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/240712","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=240712"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/240712\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/188473"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=240712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=240712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=240712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}