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I Hear Otedola Has Taken Over First Bank. - Investment - Nairaland

Nairaland Forum › Nairaland General › Investment › I Hear Otedola Has Taken Over First Bank. (401 Views)

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I Hear Otedola Has Taken Over First Bank. by chrisxxx(op): 7:04pm On Oct 22, 2021
If this is true I am divesting my fund.
Re: I Hear Otedola Has Taken Over First Bank. by TarOrfeeek: 7:07pm On Oct 22, 2021
Why

Does he have a history of running companies Down?

Entrepreneurs owning banks is nice.

But Investors owning banks is a dangerous trend tbvh.
Re: I Hear Otedola Has Taken Over First Bank. by doggedfighter(f): 7:12pm On Oct 22, 2021
Isn't this based on hearsay or rumour?
Re: I Hear Otedola Has Taken Over First Bank. by SavageResponse(m): 8:35am On Oct 23, 2021
TarOrfeeek:
Why

Does he have a history of running companies Down?

Entrepreneurs owning banks is nice.

But Investors owning banks is a dangerous trend tbvh.
Someone whose company Zenon was taken over by AMCON for non-performing loans.

Besides it is not a healthy development for a single individual to have control of a pivotal bank like First Bank
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