HeadNigga:
Ote$ is smart abeg. For every dime first bank charges you now, he gets a cut. You recharge he gets a cut, you send olosho money, he gets a cut, you withdraw from atm he gets a cut.

God when?

Aganju849:


Otedola is a corporate raider who strips corporations bare once he buys them....that's the only business he knows, outside of money laundering.

Y'all can kiss FBN and your money goodbye if he gets control of that bank

kushe:
Na waa oooo.
People now authoritatively speak on finance like it was some beer parlour gist.
Imagine someone saying Otedola gets a cut off every First Bank transaction. Another person called him a corporate raider who strips bare every company he touches.
People please get an education or at least your facts right. Not everyone who comes to nairaland is miserably ignorant.

HeadNigga:
Ote$ is smart abeg. For every dime first bank charges you now, he gets a cut. You recharge he gets a cut, you send olosho money, he gets a cut, you withdraw from atm he gets a cut.

God when?

dheaven:
Educating them here would have been better to reduce the level of ignorance. Please do.

WesternOligarch:
With the way nigeria is, I wouldn't be flaunting my shareholdings and assets in the public especially if am from the south west.

Modified: curiously I checked the total market cap of FBN holdings and it's just a little around $1billion. Meaning that they both invested $50mill each to become major share holders. Lol, mark Zuckerberg could literally buy the entire
nigerian banking sector and won't break a sweat.

tiger28:
O gosh! I thought it was Obi Cubana!!! or E Money!!! I bet most ppl don't know this Odukale guy.....that's the way REAL money makers move! Not these container container local gra gra rubbish!!!!!

Aganju849:


Otedola is a corporate raider who strips corporations bare once he buys them....that's the only business he knows, outside of money laundering.

Y'all can kiss FBN and your money goodbye if he gets control of that bank

IcyAutos:
Nr be only Dangote dae find money, Otedola too still dae find money.



That's because they're smart enough to keep investing, a poor man would rather waste it on some frivolities.

IcyAutos:
Nr be only Dangote dae find money, Otedola too still dae find money.



That's because they're smart enough to keep investing, a poor man would rather waste it on some frivolities.

Mayflowa:


Not true. The business pays all his debt and running cost plus salaries before he receives profit from profit per share after tax.
If firstbank stock goes down, his wealth reduces. Value loss could even result from exchange rate.

Layze:


Who told you that?
Abi where did you hear that one?

Investment I shares doesn't operate like that fam.

kushe:
Na waa oooo.
People now authoritatively speak on finance like it was some beer parlour gist.
Imagine someone saying Otedola gets a cut off every First Bank transaction. Another person called him a corporate raider who strips bare every company he touches.
People please get an education or at least your facts right. Not everyone who comes to nairaland is miserably ignorant.

HeadNigga:
Ote$ is smart abeg. For every dime first bank charges you now, he gets a cut. You recharge he gets a cut, you send olosho money, he gets a cut, you withdraw from atm he gets a cut.

God when?

olalat:
People with legit hustle and clean money don't go about showing up. Its only the dealers who have to do enough to get their money Clean up that show too much. I laughed yesterday when someone said he wondered if Yoruba people have money at all? You can never see someone with bigger aspirations showing up and down, nah.. he looks for the next investment. legit cash flow doesn't come that easy. Na aboki worse pass, a billionaire can put on bathroom slippers. An aboki can put hundreds of millions under agbada. You won't try too hard to proof yourself if your money is clean. Im not accusing anybody ooo.

dionma:





https://punchng.com/fbn-holdings-confirms-hassan-odukale-single-largest-shareholder-otedola-second/

Jibwillz:
Powe tussle

Macheteros1:

This one dem don dey measure who get shares pass make we nor go hear stories o.

Aganju849:


Otedola is a corporate raider who strips corporations bare once he buys them....that's the only business he knows, outside of money laundering.

Y'all can kiss FBN and your money goodbye if he gets control of that bank

klas:


Otedola bought only African Petroleum and Geregu Power plant.
Which of them did he strip? How did he qualify as a corporate raider?

Blackfire:
Still a poor person to me...

kushe:
Na waa oooo.
People now authoritatively speak on finance like it was some beer parlour gist.
Imagine someone saying Otedola gets a cut off every First Bank transaction. Another person called him a corporate raider who strips bare every company he touches.
People please get an education or at least your facts right. Not everyone who comes to nairaland is miserably ignorant.

WesternOligarch:
With the way nigeria is, I wouldn't be flaunting my shareholdings and assets in the public especially if am from the south west.

Modified: curiously I checked the total market cap of FBN holdings and it's just a little around $1billion. Meaning that they both invested $50mill each to become major share holders. Lol, mark Zuckerberg could literally buy the entire
nigerian banking sector and won't break a sweat.

slawormiir:
Damnnn niggar
Isoright

God when.....na men like me be this o.....


Day and night the son of man dey huzzle and keyboard

Oluwa make every where bust for me...na 2seconds

WesternOligarch:
With the way nigeria is, I wouldn't be flaunting my shareholdings and assets in the public especially if am from the south west.

Modified: curiously I checked the total market cap of FBN holdings and it's just a little around $1billion. Meaning that they both invested $50mill each to become major share holders. Lol, mark Zuckerberg could literally buy the entire
nigerian banking sector and won't break a sweat.

HeadNigga:
think deeply...so long as the company declares dividends he gets a cut from those things I mentioned...are those not what make up profit from which salaries and taxes are paid after which dividend is paid to shareholders while some profits might be retained for reinvestment?