The management of First Bank of Nigeria (FBN) Holdings Plc has written officially to the Nigerian Exchange notifying of the acquisition of substantial shareholdings in the Holding Company by a new investor.
This is coming after it said the firm had not received a notification of a significant holding by a new investor.
The company’s earlier notice dated Friday was interpreted in some quarters as a denial of any knowledge of a takeover of the company by Femi Otedola, the billionaire reported as having acquired majority shareholding in the firm.
But in what looks like a twist, FBN Holdings Plc in another press release dated October 23, 2021 and published on the Exchange website, stated that…
Source: Nigerian Tribune
