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Nairaland Forum / Nairaland / General / Business / Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% (25288 Views)
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Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by FreeStuffsNG: 3:20pm On Jul 08, 2023 |
Otudeko Buys N87.8bn Shares to Become Largest First Bank Shareholder with 14 Percent *Battle for control intensifies As the battle for the control of First Bank of Nigeria Holdings Plc intensifies, Oba Otudeko’s Honeywell Group last Thursday bought 4,770,269,843 shares of the firm in a cross deal worth N87.8 billion. https://www.thisdaylive.com/index.php/2023/07/08/otudeko-buys-n87-8bn-shares-to-become-largest-first-bank-shareholder-with-14-percent 33 Likes 3 Shares
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Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by FreeStuffsNG: 3:21pm On Jul 08, 2023 |
Money talks. This was the same man Mr Emefiele, then CBN Governor, humiliated and sacked as the Chairman of FBN Plc. when he insisted that the MD, Mr Adeduntan must turn in his resignation letter. Dr. Oba Otudeko just revenged with massive success Check my signature for free stuffs! 85 Likes 6 Shares
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Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by TemplarLandry: 3:28pm On Jul 08, 2023 |
2 Likes |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by SmartPolician: 3:30pm On Jul 08, 2023 |
Where these people dey get money? 23 Likes 5 Shares |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by FreeStuffsNG: 3:31pm On Jul 08, 2023 |
SmartPolician: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 140 Likes 10 Shares |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by aieromon(m): 3:32pm On Jul 08, 2023 |
Game is not over yet. Some of the majority shareholders of FBN Holdings Plc are said to be joining forces to fight off Oba Otudeko from reclaiming control of the bank holding company. https://nairametrics.com/2023/07/08/exclusive-fbnh-majority-shareholders-to-join-forces-against-otudeko-in-battle-for-soul-of-the-bank/ 4 Likes 1 Share |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by SmartPolician: 3:38pm On Jul 08, 2023 |
FreeStuffsNG: Oga, I work online 24/7. Come on Nairaland to relax whenever I need a break. That comment you made should go back to you. You moved from selling yeye app to promoting an ex-druglord whose true identity is shrouded in secrecy and fraud. 121 Likes 10 Shares |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by CodeTemplar: 3:38pm On Jul 08, 2023 |
See the kind news BMC top commanders are clinging unto for achievement. Can farmers farm yet without being taxed by the underground govt of bandits? 5 Likes |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by Nobody: 3:44pm On Jul 08, 2023 |
Battle Royal ... Money men be like they are playing Chess. Good thing they still trust the Nigeria economy. Like one of my Oga said "Don't spend your seeds trying to impress people spending their harvest. " 6 Likes 2 Shares |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by nedu666: 3:49pm On Jul 08, 2023 |
FreeStuffsNG: 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. 58 Likes 2 Shares |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by Mercy2006(f): 3:50pm On Jul 08, 2023 |
Silent billionaires all over the place! 9 Likes 1 Share |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by olaboy33(m): 3:53pm On Jul 08, 2023 |
Big men playing chess. |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by datola: 3:54pm On Jul 08, 2023 |
Oba fought to take back his rightful position in First Bank. 9 Likes |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by BigDawsNet: 3:54pm On Jul 08, 2023 |
How do I buy my own pls... I need to buy seriously I'm willing to start with $2m 3 Likes |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by Millimann: 3:54pm On Jul 08, 2023 |
Where dem dey see this money? 2 Likes |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by NamelessOGBENI(m): 3:54pm On Jul 08, 2023 |
Na so I loose guard MTN shares that year... 1 Like |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by Brendaniel: 3:54pm On Jul 08, 2023 |
I remember this man in the days of Jonathan and Airtel, now a southerner Tinubu is in office, he is back.... Anyway, His shares will favour me and my family... 14 Likes
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Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by Houseofglam7(f): 3:55pm On Jul 08, 2023 |
😫
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Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by Iseoluwani: 3:56pm On Jul 08, 2023 |
I refuse to be poor 7 Likes |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by vibbb: 3:56pm On Jul 08, 2023 |
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. 2 Likes |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by Believeintruth: 3:57pm On Jul 08, 2023 |
FreeStuffsNG: If you have seen the money, you would not be here advertising your failed free stuffs business. 19 Likes |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by goslowgoslow(m): 3:58pm On Jul 08, 2023 |
Thank God say nor be Igbo man we for no rest on this Forum today. 12 Likes |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by oluwaseyi0: 3:59pm On Jul 08, 2023 |
kl |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by sukkot: 4:02pm On Jul 08, 2023 |
meanwhile first bank havent paid interest on my fixed deposit since march |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by emperor4love(m): 4:03pm On Jul 08, 2023 |
FreeStuffsNG:oga no b to de curse land nd all dis ur yanning, most of this ppl get hands nd do underground stuff,to meet governors nd politicians u tink is easy,if u hv access to government, life will be easy bro ...some work smart more than him but in all fortune there is a crime,na who get heart go get money, liv it like dis 2 Likes |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by nedu666: 4:03pm On Jul 08, 2023 |
Brendaniel: His exit had nothing to do with him being a southerner but need to save the bank. These guys were taking and giving loans with no collateral and people were defaulting on loans anyhow 7 Likes |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by BlueRayDick: 4:04pm On Jul 08, 2023 |
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 6 Likes 1 Share |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by Wealthoptulent(m): 4:04pm On Jul 08, 2023 |
Normal, his tenure as boardman memeber of the BANK is older than the EXISTENCE of the BANK itself 3 Likes 1 Share |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by kenchop: 4:05pm On Jul 08, 2023 |
ABEG SHUT UP SYCOPHANT. FreeStuffsNG: 6 Likes |
Re: Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% by olarent: 4:06pm On Jul 08, 2023 |
I tire ooo SmartPolician: 2 Likes |
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