FBN Holdings Plc has reacted to media reports that billionaire businessman, Mr Femi Otedola, has acquired a significant shareholding in the company.

The holding company for First Bank of Nigeria Limited, in a statement signed by its Company Secretary, Seyi Kosoko, and filed with the Nigerian Exchange Limited on Friday, said it had not received any notification of such acquisitions.

It said, “The attention of FBN Holdings Plc has been drawn to media reports today (Friday) that a certain individual has acquired significant shareholding interest in FBN Holdings Plc.

“As a listed company, the shares of FBN Holdings are publicly traded, and sale and acquisition of shares is expected in the normal course of business. We operate in a regulated environment, which requires notification of significant shareholding by shareholders to the company, where shares are held in different vehicles, further to which the company will notify the regulators and the public as appropriate.

“The company is yet to receive any notification from the individual mentioned in the media report, of such acquisitions.”

Source: https://punchng.com/We-are-unaware-of-Otedolas-share-acquisitions-FBN-Holdings

Okay

In the earlier report, a lot of details is missing.

They didn't tell us the percentage of the share Otedolar have.

First bank has started o

lol

Nobody is aware of anything in Nigeria. What a country!

Hmmmm

Everything is done upside down in Nigeria... people who should know don't know anymore

Nobody dey aware of anything in Nigeria. What a country!

Poor otedola owning major shares in FBN... impossible

Na una sabi

who cares?
F.ote$ fire dey go if I was born with your kind of privileges I will even do more!

Dem wan drag this man for mud ni?

Una no know abi

When una go change from First Bank to Last Bank....

maybe na that time una go know

If 30 billion is all it takes to be the largest shareholder of a first generation bank in Nigeria, then Nigeria is in a big financial mess

Blackfire:
Poor otedola owning major shares in FBN... impossible

Someone who can buy your whole Village

Publicity stunt

Otedola is just a chair holder in the bank

adenigga:


Source: https://punchng.com/We-are-unaware-of-Otedolas-share-acquisitions-FBN-Holdings

Maybe somebody wan trigger buy and sell decision with that fake news

The secretary sounds arrogant and condescending.

Money man. That's why it's very good to plan long term to secure the future.

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Nigerian media ehn...

No wonder Lair Mohammed is the minister of information.

No credibility anywhere.

Femi omo Michael Otedola

FBN holdings will get back to us and confirm OTEDOLA is now the majority shareholder in FBN.

Diamond denied Access bank takeover but we all know the history now.

It a trade mark to deny report to avoid a run on the bank but laslas, they will acknowledge and manage the situation well.

topgear:


Someone who can buy your whole Village

Ahhhh!!! Yeeeee......

So na scan or what

topgear:


Someone who can buy your whole Village

Na before , him friend dangote don tie down him billions for refinery matter wey no dey start

Navalsadiq:
Publicity stunt

I don't think so.
A bank is not a political party or this yeye government.
Credibility matters to them.
I think we were fed with fake news.

BTW, what's the update on the GTB vs Innoson Motors brouhaha? I don't want to believe that it was settled without the media doing a proper follow-up. That news dominated the media for a while and nearly caused bad blood between two of Nigeria's major ethnic groups.

Interesting . Hmm let us keep on watching !!

It's like first Bank is in trouble or something funny is about to happen to people's money. Make I jeje go commot my small money from there. Because na how it dey take start.