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Nairaland Forum / Nairaland / General / Business / First Bank Holding Confirms Femi Otedola As A Significant Shareholder (31690 Views)
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First Bank Holding Confirms Femi Otedola As A Significant Shareholder by Nobody: 8:12am On Oct 24, 2021 |
Following an Earlier Denial, First Bank Holding Confirms Femi Otedola as a 'Significant' Shareholder FBN Holdings Plc, is the non-operating holding company that owns First Bank of Nigeria, one of Nigeria's biggest bank In March this year, the Central bank of Nigeria dissolved the FBHN Board, and report has it Oba Otudeko, has since placed his shares up for sale Femi Otedola have purchased more than 5% of the company's shares, making him immensely influential in the company's decision-making.https://www.legit.ng/business-economy/1440127-femi-otedola-confirmed-major-shareholder-fbn-holdings/ 19 Likes 1 Share
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Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by Chynwe(f): 8:52am On Oct 24, 2021 |
Finally, it's been confirmed.Thumbs up to Femi Otedola 67 Likes 5 Shares |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by orisa37: 9:19am On Oct 24, 2021 |
FBN HOLDING PLC IS A CHARADE, A SHARIA, A SPLINTER AND AN OIC ARRANGEMENT. FIRST BANK PLC IS OWNED PRIMARILY BY THE BOARD OF THE ORDINARY SHAREHOLDERS. CAMA RULES SUPREME. 12 Likes 1 Share |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by orisa37: 9:28am On Oct 24, 2021 |
FBN HOLDING PLC IS A CHARADE, A SHARIA, A SPLINTER AND AN OIC ARRANGEMENT. FIRST BANK PLC IS OWNED PRIMARILY BY THE BOARD OF THE ORDINARY SHAREHOLDERS. CAMA RULES SUPREME. THE CBN HAS NO ROLE TO PLAY IN THE OWNERSHIP OF ANY BANK. OTUDEKO AND OTEDOLA ARE BEING USED IN A RUGA TAKEOVER AND I SUSPECT EMEFIELE'S INTERVENTION. 3 Likes 2 Shares |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by kettykin: 9:30am On Oct 24, 2021 |
I sincerely hope they will not kill this bank as the control for the Bank goes from market place to the board room 45 Likes 3 Shares |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by morikee: 9:55am On Oct 24, 2021 |
Ok o 2 Likes |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by berbs: 9:55am On Oct 24, 2021 |
I thought dem be dey deny before. 1 Like 2 Shares |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by vibbb: 9:55am On Oct 24, 2021 |
Wow, more than 5% of the company's shares, making him immensely influential in the company's decision-making. God please bless mii. 33 Likes 4 Shares |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by psychologist(m): 9:56am On Oct 24, 2021 |
Even the financial institution have been infested by lie Mohammed 32 Likes 2 Shares |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by TempUser: 9:56am On Oct 24, 2021 |
#First we define the variables book_price = float(input("Enter Book Price: ") discount_rate = float(input("Enter Discount in %: ") shipping_rate = float(input("Enter Shipping Cost per book: ") books_ordered = float(input("Enter the number of books ordered: ") #Then let's make some calculations of discount price,shipping and the total cost discount_price = (book_price * discount_rate / 100) shipping_cost = (shipping_rate * books_ordered) total_cost = ((book_price - discount_price) * books_ordered) + (shipping_cost * books_ordered) #Now we print our statements as required: print("Cost of Book : ", book_price) print("Less discount price: ", discount_price) print("Shipping cost : ", shipping_cost) print("Number of Books ordered : ", books_ordered) print("Total Wholesale Cost : ", total_cost) 16 Likes 2 Shares |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by Nobody: 9:57am On Oct 24, 2021 |
n |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by incogni2o: 9:57am On Oct 24, 2021 |
After Initially denying 3 Likes |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by karzyharsky(m): 9:57am On Oct 24, 2021 |
Yssgg 1 Like 3 Shares |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by Bewiseedet(m): 9:58am On Oct 24, 2021 |
Finally ote$. Why did they deny the news at first. 2 Likes |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by kalu61(m): 9:58am On Oct 24, 2021 |
berbs: |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by Kobicove(m): 9:59am On Oct 24, 2021 |
The initial news which stated that he took over the bank was misleading 21 Likes 1 Share |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by pitroski(m): 9:59am On Oct 24, 2021 |
Yeye bank without loan 1 Like |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by Kemight15: 10:00am On Oct 24, 2021 |
Yeye people The head of their PR and head of media need to be fired Less than 24 hours ago they claimed they didn't know dj cuppy's father and even referred to him as 'one man' now they are saying he's their oga patapata at the top What does it cost them to first do their finding about who their latest sheriff in town is before running their mouth in the media like malami, apc and pdp? 39 Likes 3 Shares |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by mrkels(m): 10:01am On Oct 24, 2021 |
Why is the end of the article talking about take over ? With 5% stake ? Is the writer high or just incredibly stupid ? 52 Likes 1 Share |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by toblosky(m): 10:02am On Oct 24, 2021 |
Taught you have to have atleast 51% for a full takeover 28 Likes 1 Share |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by SavageResponse(m): 10:02am On Oct 24, 2021 |
There should be a law precluding an individual who has non-performing loans from acquiring significant shares in a financial institution! 19 Likes 1 Share |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by afamaustin(m): 10:03am On Oct 24, 2021 |
And l only HV #25,806,00.God give me the wisdom to be billionaire. 12 Likes 1 Share |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by UselessBuharist: 10:03am On Oct 24, 2021 |
God give me the kind money wey I nor go fit write my net worth in figure |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by Validated: 10:03am On Oct 24, 2021 |
karzyharsky:Is 5% the big deal? FBN can easily dilute the holdings by creating additional shares and repuchase a large chunk thereby reducing his stake to less than 5% 19 Likes 1 Share |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by DirtyGold: 10:03am On Oct 24, 2021 |
The FBN holding company behaved like a government agency, quick to deny only to somersault within 24hours. I thought the sale was for a share of over 50% sef... nonsense! What's tha business? 10 Likes 1 Share |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by Crochet: 10:04am On Oct 24, 2021 |
Good one 1 Like |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by Sirlins(m): 10:04am On Oct 24, 2021 |
Una just dey confuse us, e follow abi e no follow First bank dropped statement that he's one of the highest shareholders last week, yesterday they said they never said so and today again they said he's the number one ........una dey ment ... 5 Likes
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Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by goaldynboy: 10:05am On Oct 24, 2021 |
kalu61: If with N35b he can acquire 5% of the Bank's equity; Since 5% X 20 squalls to 100% It necessarily follows that the bank is worth: N35b X 20, which is equal to: N700b 18 Likes 5 Shares |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by pickatyoubackup: 10:06am On Oct 24, 2021 |
This is the country I know of where people who are meant to be the first to know become the last to know or do not know at all. 4 Likes 2 Shares |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by janedonez(m): 10:06am On Oct 24, 2021 |
Congratulations 1 Like |
Re: First Bank Holding Confirms Femi Otedola As A Significant Shareholder by baralatie(m): 10:07am On Oct 24, 2021 |
kettykin: |
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