Nigeria: Tinubu, Cardoso’s Reforms Drove My $201mln Investment in First Bank —Otedola

Otedola Hails Tinubu, Cardoso’s Reforms as FirstHoldCo Regains Profitability

Femi Otedola, Chairman of First Bank Holding Company (FirstHoldCo), has attributed the group’s return to profitability to the bold economic reforms initiated by President Bola Ahmed Tinubu and the monetary policies of Central Bank Governor Yemi Cardoso. Speaking at the 13th Annual General Meeting of FirstHoldCo in Lagos, Otedola praised the renewed investor confidence these [...]

Nigeria: Tinubu, Cardoso’s reforms drove my $201mln investment in First Bank —Otedola

Otedola’s bold move signals renewed confidence in Nigeria’s banking sector, especially amid regulatory calls for stronger capital buffers and stricter governance

Otedola pledges N320bn cash injection into First Holdco – Businessamlive

Targets African banking dominance Onome Amuge Femi Otedola, prominent activist investor and Chairman of First Holdco Plc, has expressed profound optimism regarding the future direction of First Bank, Nigeria’s oldest financial institution. Speaking at the company’s 13th Annual General Meeting on Thursday, Otedola revealed his intention to inject over N320 billion in cash, without any borrowing, into the institution by the conclusion of its ongoi…

Otedola Credits Tinubu, CBN Reforms as He Commits ₦320bn to First Bank Investment - TV360 Nigeria

Chairman of First Holdco Plc, Femi Otedola, has hailed the economic reforms of President Bola Ahmed Tinubu and the policy direction of the Central Bank of Nigeria (CBN) as decisive factors behind his bold ₦320 billion personal investment in First Bank. Speaking at the company’s 13th Annual General Meeting held Thursday, Otedola linked his commitment …

As his investment in First HoldCo hits N320bn, Otedola says Tinubu’s reforms yielding fruits, lauds Cardoso

Femi Otedola, chairman of First HoldCo Plc, says his investment in the financial institution would hit N320 billion in cash by the next capital raising round.   He spoke at First HoldCo’s 13th annual general meeting (AGM) on Thursday in Lagos.   Otedola said the bank’s journey aligns with “the bold and visionary leadership” of President Bola Tinubu “who deserves credit for championing the tough but necessary reforms in our economy”.   He also la…

Otedola’s ₦320 Billion Investment Boosts Nigeria’s Economy with FG, CBN Reforms

Billionaire investor Femi Otedola is championing Nigeria’s economic transformation, praising federal government and Central Bank of Nigeria (CBN) reforms that have fueled his ₦320 billion investment in First HoldCo. This milestone underscores the positive impact of progressive policies on Nigeria’s business landscape.Otedola highlighted the CBN’s exchange rate unification and financial sector recapitalization as key drivers of investor confidenc…