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FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder (26915 Views)

Femi Otedola Emerges Largest Shareholder In Tony Elumelu's Transcorp / Remi Babalola Resigns From FBN Holdings As Chairman / First Bank Shake-Up: Hassan-Odukale Replaces Awosika As Chairman (2) (3) (4)

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FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by dionma: 8:37pm On Oct 27, 2021
FBN Holdings Plc has confirmed that Mr Tunde Hassan-Odukale is the single-largest shareholder in the company.

A statement signed by the company secretary, Seye Kosoko, on Wednesday confirmed that Hassan-Odukale and Mr Femi Otedola as the only shareholders with more than five per cent shareholding in the company.

Hassan-Odukale owns 5.36 per cent while Otedola owns 5.07 per cent.

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

3 Likes 1 Share

Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by MRDEE01: 9:05pm On Oct 27, 2021
Ok na
Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by winterlover: 11:13pm On Oct 27, 2021
It will be me soon. By God's grace.

26 Likes 3 Shares

Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by slawormiir: 11:13pm On Oct 27, 2021
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

37 Likes 2 Shares

Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by Jibwillz: 11:13pm On Oct 27, 2021
Powe tussle grin grin

9 Likes 1 Share

Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by damosade(m): 11:13pm On Oct 27, 2021
Hnnn
Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by HeadNigga: 11:13pm On Oct 27, 2021
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?

71 Likes 2 Shares

Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by fmlala: 11:14pm On Oct 27, 2021
OK
Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by maxiart2(m): 11:14pm On Oct 27, 2021
Finally
Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by olisefom: 11:14pm On Oct 27, 2021
Another one

1 Like

Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by UncleKoboko: 11:15pm On Oct 27, 2021
So what now happen?

Will this information change buharĂ® from being a senile and useless president? The worst thing to ever happen to this country after lBB!

16 Likes 1 Share

Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by IcyAutos: 11:15pm On Oct 27, 2021
Nr be only Dangote dae find money, Otedola too still dae find money.

Mancrossfire:
The rich keep getting richer

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

5 Likes

Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by Nobody: 11:15pm On Oct 27, 2021
Their wahala joor

1 Like

Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by Nobody: 11:15pm On Oct 27, 2021
Ok
Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by Antoeni(m): 11:15pm On Oct 27, 2021
So.What Will Now Happen to Femi Otedola?
Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by Nobody: 11:15pm On Oct 27, 2021
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.

58 Likes 2 Shares

Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by Gadafii: 11:15pm On Oct 27, 2021
Money moves
Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by Mancrossfire: 11:16pm On Oct 27, 2021
The rich keep getting richer
Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by Blackfire(m): 11:16pm On Oct 27, 2021
Still a poor person to me...
Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by Nobody: 11:16pm On Oct 27, 2021
Antoeni:
So.What Will Now Happen to Femi Otedola?

Read the article....
Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by tolufase: 11:17pm On Oct 27, 2021
While I own 4.9%
Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by gambia(m): 11:17pm On Oct 27, 2021
It's well with them
Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by seniormallam(m): 11:17pm On Oct 27, 2021
All I know is that the money that bought Otedola's 5.07 equity today would had bought double of Odukales equity back then.
Otedola paid more and receive less equity because of how bad the economy is fairing

19 Likes

Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by RealAdewole(m): 11:19pm On Oct 27, 2021
Na from people wey no get we go collect give people wey get...
every of our N50 charges go dey make this people richer

1 Like

Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by TalkTalkTwins(m): 11:26pm On Oct 27, 2021
grin
Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by Nobody: 11:30pm On Oct 27, 2021
seniormallam:
All I know is that the money that bought Otedola's 5.07 equity today would had bought double of Odukales equity back then.
Otedola paid more and receive less equity because of how bad the economy is fairing

I don't think so, with a devalued naira I think otedola is actually getting a bargain.

13 Likes

Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by sematec(m): 11:36pm On Oct 27, 2021
they now have factions now
Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by Mayflowa(m): 11:42pm On Oct 27, 2021
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?

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.

6 Likes 1 Share

Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by Passionate888: 11:50pm On Oct 27, 2021
Ok
Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by stayclearofme: 11:50pm On Oct 27, 2021
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.
Lol... That is not always true. Where did they got the money in the first instance? Nor be Otedola father stole Lagos money transfer to the son?

16 Likes

Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by ATEAMS: 12:10am On Oct 28, 2021
Oyyanaa
Re: FBN Holdings Confirms Hassan-Odukale As Single-Largest Shareholder by Aganju849: 12:11am On Oct 28, 2021
dionma:





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

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

6 Likes

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