Otedola Reaffirms Commitment To First HoldCo Amid Profit Decline And Share Price Drop

Otedola Signals New Beginning at First HoldCo

Billionaire investor and Chairman of First HoldCo Plc, Femi Otedola, has categorically stated that the ongoing overhaul at the financial services group will come with a lot of “pleasant and unpleasant surprises” as the company sets sail on a new corporate journey. In a post on his X account on Tuesday, while addressing shareholders, Otedola noted that the challenges ahead are enormous. He emphasised that the process of rebuilding First HoldCo wi…

Otedola Reaffirms Commitment To First HoldCo Amid Profit Decline And Share Price Drop

Femi Otedola, billionaire chairman of First HoldCo, has reaffirmed his long-term commitment to the group following a recent decline in the bank’s profitability and a drop in its share price to ₦41 from ₦45. In a statement posted on his official X account on Tuesday, Otedola acknowledged that the ongoing restructuring of the institution has […] The post Otedola Reaffirms Commitment to First HoldCo Amid Profit Decline and Share Price Drop appeared…