Billionaire Otedola’s Fortune Hits $2bn as FirstHoldCo Shares Soar
Femi Otedola’s net worth has risen to $2 billion, according to Forbes, as a surge in FirstHoldCo shares lifts the
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Money
EBRD Makes First Pan-African Venture Capital Bet with $8 Million Investment
The European Bank for Reconstruction and Development has committed $8 million (€6.8 million) to Ventures Platform Pan-African Fund II, marking
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Naira Hits Two-Month High as CBN Reopens OMO to Retail Investors After 7 Years
The naira has strengthened to a two-month high as the Central Bank of Nigeria (CBN) reopened its Open Market Operations
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Otedola-led FirstHoldCo Slips Below N6trn Market Cap as Shares Drop
First HoldCo Plc slipped below the N6 trillion market capitalisation mark on Tuesday after its share price fell by 2.99
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European Bank Lends KCB $100 Million to Expand SME Financing in Kenya
The European Bank for Reconstruction and Development (EBRD) is lending KCB Bank Kenya Limited US$100 million, approximately €85 million, to
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FirstHoldCo Tops N5trn Valuation as Billionaire Otedola Bumps Up Stake
First HoldCo Plc, the parent company of Nigeria’s oldest bank, crossed the N5 trillion market capitalisation mark after chairman Femi
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Nigeria’s Oldest Bank Becomes Most Valuable Lender as Shares Soar
First HoldCo Plc, parent of Nigeria’s oldest banking lender, has become the country’s most valuable listed lender after overtaking Guaranty
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[BREAKING] 46 Microfinance Banks Lose Operating Licences as CBN Tightens Oversight
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks (MfBs) with effect from July
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AFC Taps Fola Fagbule to Lead East and Central African Operations
The Africa Finance Corporation (AFC) has appointed Fola Fagbule as the new director and head of its regional office in
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FirstBank Gets N45bn Capital Boost as Parent Advances Private Placement
First HoldCo Plc, the parent of Nigeria’s oldest bank, has completed a ₦45 billion second tranche of its ongoing ₦350
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