Oba Otudeko

Oba Otudeko’s Hostile Takeover: Understanding Problems Facing FBN Holdings

What began as a blessing in disguise for FBN Holdings’ shareholders and the company might end up becoming a nightmare that would cost stakeholders billions of naira, Prime Business Africa has learnt.

Fakoyejo Olalekan

2 years ago

Investors To Buy N150 billion-worth Of FBN Holdings Stake

Business

Otudeko Criticises Ecobank, Counters Claims In Letter To FBN Holdings

The Chairman of Honeywell Group, Oba Otudeko, has denied Ecobank’s disclosure that the Supreme Court granted the N13.5 billion debt claim against the investor. Ecobank had made this known in a letter

Fakoyejo Olalekan

2 years ago

Business

FBN Takeover: Opposition Thickens Against Otudeko

The bid for return by the former FBN Holdings chairman, Oba Otudeko, has met a stiff opposing as stakeholders and other parties have stood against it. Oba Otudeko, chairman of Nigerian conglomerate,

Victor Ezeja

2 years ago

Business

Ecobank Warns FBN Holdings Not To Help Oba Otudeko Divert Funds

First Bank of Nigeria (FBN) Holdings has been told to reject Oba Otudeko’s bid to become the company’s largest shareholder, to avoid helping him divert funds, after he bought 4.77 billion shares.

Fakoyejo Olalekan

2 years ago

Business·Insights

5 Billionaire Investors Otedola, Ovia, Otudeko, Makanjuola, Adefisan Sell Over N88.14 billion Shares In 2022

Nigerian billionaire investors have been busy in the Nigerian stock market this year, selling off their shares for various reasons in the last ten months. Prime Business Africa tracked the market activities

Fakoyejo Olalekan

2 years ago

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Oba Otudeko’s Hostile Takeover: Understanding Problems Facing FBN Holdings

Otudeko Criticises Ecobank, Counters Claims In Letter To FBN Holdings

FBN Takeover: Opposition Thickens Against Otudeko

Ecobank Warns FBN Holdings Not To Help Oba Otudeko Divert Funds

5 Billionaire Investors Otedola, Ovia, Otudeko, Makanjuola, Adefisan Sell Over N88.14 billion Shares In 2022

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