Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% - Business (3)

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Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% (25272 Views)

Otudeko Vs. Otedola: First Bank Shareholders Lose ₦‎80.76bn, Shares Crumble / Ecobank Writes Firstbank Over Otudeko / Emefiele: Oba Otudeko Rebuffed My Pleas On First Bank Crisis (2) (3) (4)

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Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by ecolime(m): 4:50pm On Jul 08, 2023

I hope his comeback won't send the Bank back to the stone age?

I dislike it when Big men abuse their privileges.

1 Like

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by Dejitops: 4:52pm On Jul 08, 2023

Congratulations to him

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by sukkot: 4:56pm On Jul 08, 2023

iykejohnson:

Damn!
What's the essence of the fix.

That's not good

i don’t understand it myself. They said computer glitch. They said they would fix it . It’s been 3 weeks now am still waiting

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by Dyfynezz12(m): 4:56pm On Jul 08, 2023

goslowgoslow:
Thank God say nor be Igbo man we for no rest on this Forum today.

Igbo men are winning everywhere in the world.If u don't want to rest,restlessness shall be ur portion

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by WantsandMore: 4:58pm On Jul 08, 2023

BigDawsNet:
How do I buy my own pls...

I need to buy seriously

I'm willing to start with $2m

come mtn

1 Like

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by goslowgoslow(m): 4:59pm On Jul 08, 2023

Dyfynezz12:

Igbo men are winning everywhere in the world.If u don't want to rest,restlessness shall be ur portion

What are you people winning? What have you won that any other tribe has never won before? Arrogant set of noisy people!

1 Like

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by signature2012(m): 5:00pm On Jul 08, 2023

nedu666:

Yes the same man who abused his position that saw fbn rack up 427 billion in non performing loans. That granted a non collateralized $400 million loan. The guy defaulted and told fbn kiss my black ass. Fbn was first bank to pay N1 dividend, biggest profit, no 1 in the industry. Today fbn is paying 50k a share, when zenith and gtb are paying N3. Access and uba is paying N1. Today fbn is no 5 after zenith, gtb, access and uba.

Ignore that dummy.
He knows nothing.

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by Teenaira: 5:00pm On Jul 08, 2023

BigDawsNet:
How do I buy my own pls...

I need to buy seriously

I'm willing to start with $2m

Buy your own and let me buy my own. I will start with $2.1 m

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by CodeTemplar: 5:05pm On Jul 08, 2023

Mandate2023:

That's ur problem with northern farmers and bandits but the country won't stop bcoz of that.....I will rather focus on d positive side of d country than negativity

one step forward is worth celebrating to you even when 10 were taken backwards to achieve that one step forward. I understand your type.

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by DesChyko: 5:08pm On Jul 08, 2023

FreeStuffsNG:

Nigerians making it big legitimately don't waste their time on Nairaland...

Nice quote. You're a Nigerian I presume. I'll use myself as an example.

👉I started using this account on Nairaland in 2014 and have spent 4 months on Nairaland in over 9 years. I have 10103 posts as at the time of typing this. That gives me an average of 3 posts per day on Nairaland.

👉You, on the other hand, started using your account in 2020. You already have 10367 posts and have spent same 4 months on Nairaland in less than 3 years 😲. That gives you an average of 10 posts per day on Nairaland.

What is it you were saying again about making money legitimately again due to not wasting time on Nairaland? 😂

4 Likes

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by essentialone(m): 5:13pm On Jul 08, 2023

nedu666:

Yes the same man who abused his position that saw fbn rack up 427 billion in non performing loans. That granted a non collateralized $400 million loan. The guy defaulted and told fbn kiss my black ass. Fbn was first bank to pay N1 dividend, biggest profit, no 1 in the industry. Today fbn is paying 50k a share, when zenith and gtb are paying N3. Access and uba is paying N1. Today fbn is no 5 after zenith, gtb, access and uba.

You should come and join us in our platform. Many of those here won't understand what you are saying.

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by AfonjaPriest: 5:13pm On Jul 08, 2023

There was a time he was listed as one of the largest debtors of First Bank. I hope he has defrayed his debt.

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by ncoolsome(m): 5:24pm On Jul 08, 2023

All this big men ehhnn...u sold honeywell for 82 billion to pay off ur depts and now u buying up shares for 87billion how ?? That's how we were told Dangote has paid almost all the money used in constructing a refinery that hasn't sold a drop of petrol..

1 Like

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by iykejohnson(m): 5:25pm On Jul 08, 2023

sukkot:
i don’t understand it myself. They said computer glitch. They said they would fix it. It’s been 3 weeks now am still waiting

Honestly, it's somehow

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by Dyfynezz12(m): 5:30pm On Jul 08, 2023

goslowgoslow:

What are you people winning? What have you won that any other tribe has never won before? Arrogant set of noisy people!

Ur bitterness is disgusting

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by baralatie(m): 5:32pm On Jul 08, 2023

SmartPolician:
Where these people dey get money?

The same banks

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by baralatie(m): 5:33pm On Jul 08, 2023

ncoolsome:
All this big men ehhnn...u sold honeywell for 82 billion to pay off ur depts and now u buying up shares for 87billion how ?? That's how we were told Dangote has paid almost all the money used in constructing a refinery that hasn't sold a drop of petrol..

That is why the banks run into problems.
Some what
They are using these to cover gbese

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by baralatie(m): 5:35pm On Jul 08, 2023

gwinaB:
Fbn is in trouble

🤧🤧🤧🤧

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by Nobody: 5:35pm On Jul 08, 2023

FreeStuffsNG:
Money is everywhere in Nigeria but you focus on the negatives, curse the land which in turn withholds its blessings from you. In this land, if you are not winning, you are losing. You are losing does not mean that other Nigerians are losing.

It is not a coincidence that the region that keeps raising uncouth youths and unpatriotic elements who curse Nigeria are losing perenially everywhere home and abroad. They always lose all las las unless they start blessing Nigeria. It is a settled fact; you curse Nigeria, Nigeria curses you back!

Nigerians making it big legitimately don't waste their time on Nairaland and Social media cursing their land, cyberbullying and insulting people upandan Get one thing right about success: FOCUS

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by sukkot: 5:39pm On Jul 08, 2023

iykejohnson:

Honestly, it's somehow

happens all the time. Am thinking about other banks but I just feel safe with the longevity of first bsnk . I have been having this particular problem with them for a year

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by tishbite42: 5:40pm On Jul 08, 2023

Don't mind the zombie

nedu666:

Yes the same man who abused his position that saw fbn rack up 427 billion in non performing loans. That granted a non collateralized $400 million loan. The guy defaulted and told fbn kiss my black ass. Fbn was first bank to pay N1 dividend, biggest profit, no 1 in the industry. Today fbn is paying 50k a share, when zenith and gtb are paying N3. Access and uba is paying N1. Today fbn is no 5 after zenith, gtb, access and uba.

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by OlawaleBammie: 5:45pm On Jul 08, 2023

SmartPolician:
Where these people dey get money?

my brother the tin taya me ooh, as if no be same work we dey do wey we dey struggle make 200k a month embarassed

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by jayAjoku(m): 5:45pm On Jul 08, 2023

He carry the money wey him dey owe use buy the shares 😁🤣

BlueRayDick:
This man was reported to be owing first bank at a point na. How come person wey dey owe bank sotey the loan was transferred to AMCON now holds the major shares in the same bank ?

This story no clear o

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by jcross19: 5:46pm On Jul 08, 2023

FreeStuffsNG:
Money is everywhere in Nigeria but you focus on the negatives, curse the land which in turn withholds its blessings from you. In this land, if you are not winning, you are losing. You are losing does not mean that other Nigerians are losing.

It is not a coincidence that the region that keeps raising uncouth youths and unpatriotic elements who curse Nigeria are losing perenially everywhere home and abroad. They always lose all las las unless they start blessing Nigeria. It is a settled fact; you curse Nigeria, Nigeria curses you back!

Nigerians making it big legitimately don't waste their time on Nairaland and Social media cursing their land, cyberbullying and insulting people upandan Get one thing right about success: FOCUS

sense is far from you , so looting the nation is what you called success? And land is the one blessing you? That's why you are still in that condition you are , waiting for land to bless you! Your comment show how dunce you are!!

2 Likes

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by Bluntemperor: 5:48pm On Jul 08, 2023

TemplarLandry:

Are there no rules to the Nigerian Stock Exchange in Stock acquisition, for Nigerians thought this matters have been settled,so why and how do we have so many working for the same people in the Stock Market?
If the man did not offend the rules,then he is free to do his investments there!
Actually,Nigerian Stock Market is one of the best and vibrant place in the World you can place your Money - after the disastrous 2008-World Stock Market Meltdown, provided we check the Corruption and Greed of the Operators. e .g when the Poor buy stocks,why should it takes several days or weeks before Share-Consumption,while the same Stocks bought by the Rich same day- is immediately off- loaded to have monetary gains!
The Regulators can reduce the Insiders Trading, to bring back the good-old -days in our Stock Market!
Nigeria Financial Market seems to be springing back!
Kudos to the Govt.

1 Like

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by Larrydeko2987: 5:54pm On Jul 08, 2023

Mercy2006:
Silent billionaires all over the place!

Oba Otudeko was never a silent billionaire

1 Like

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by iykejohnson(m): 6:07pm On Jul 08, 2023

sukkot:
happens all the time. Am thinking about other banks but I just feel safe with the longevity of first bsnk . I have been having this particular problem with them for a year

Longevity matters, I wouldn't dispute that but interest rates and consistency in dropping should matter most. Others are still licensed

1 Like 1 Share

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by sukkot: 6:12pm On Jul 08, 2023

iykejohnson:

Longevity matters, I wouldn't dispute that but interest rates and consistency in dropping should matter most. Others are still licensed

very well said

1 Like

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by jrusky(m): 6:35pm On Jul 08, 2023

This are the type of people I love to associate with silent billionaire, no noise making, no media shit I'm a billionaire madness, not chest beating nimcompoops empty barrels billionaire with Venza as his biggest car.

He was humiliated by Emefielle but today Emefielle is in DSS free room and the man aggressively bought First Bank and after we are done naked Emefielle he would come beg this man for a job.

2 Likes

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by Rolings: 6:37pm On Jul 08, 2023

BlueRayDick:
This man was reported to be owing first bank at a point na. How come person wey dey owe bank sotey the loan was transferred to AMCON now holds the major shares in the same bank ?

This story no clear o

He sold his Honeywell company, paid off Amcon and is now using the rest to stage a come back in FBN holdings

1 Like

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by ViceGovernor: 6:41pm On Jul 08, 2023

vibbb:
Wow, this is massive (14% wow) Congratulations to Oba Otudeko - I wonder how people with so much money sleep at night. I shall never be poor - Kabiesi should hold on till I override him as the new owner very soon.

People with that kind of money don't sleep much and the Bible confirms it.
Ecclesiastes 5:12 The sleep of a labouring man is sweet whether he eat little or much but the abundance of the rich will not suffer him to sleep

Re: Otudeko Buys ₦‎87.8bn Shares To Become Largest First Bank Shareholder With 14% by Damian911: 6:49pm On Jul 08, 2023

Believeintruth:

If you have seen the money, you would not be here advertising your failed free stuffs business.

kuku kee am grin

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