Otedola seen reducing stake in FBN Holdings to 3%

Billionaire businessman Femi Otedola is expected to further reduce his stake in FBN Holdings Plc, the holding company for Nigeria’s oldest lender, to three percent. Otedola’s recent decision to sell some of his shares, according to market sources, resulted from his belief that market regulators were “not cooperating with him on his reform”. The share […]

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