#FBN Holdings

First Bank of Nigeria Holdings Plc has appointed the 20th richest man in Africa, Femi Otedola, who is also known to be the Chairman of Geregu Power as its new Chairman. Otedola succeeds the outgoing Chairman of the FBN Board,…

...to raise N139bn in additional capital through a Rights Issue. According to the information revealed in a notice to Trading License Holders by the NGX Regulations on Monday, where it said its Stockbrokers, FBNQuest Securities, sought…