Oba Otudeko
14 Aug 2023
Shareholders, under the auspices of Trusted Shareholders Association of Nigeria (TSAN), have advised Oba Otudeko not to bite the fingers that fed him, alleging that the former chairman of the institution instigated a court order that stopped FBN Holdings from holding its Annual General Meeting (AGM), scheduled for August 15, 2023.
11 Jul 2023
Ecobank Nigeria Limited has written FBN Holdings Plc, the parent company of First Bank of Nigeria Limited, to stay action on 4.77 billion shares allegedly purchased by the Chairman of Honeywell Group, Dr. Oba Otudeko, as ratifying it will amount to assisting the billionaire in fund diversion.
9 Jul 2023
There are strong indications that the Chairman, Honeywell Group, Oba Otudeko, has consolidated his shareholding in FBN Holdings Plc as the largest shareholder with the acquisition of 4,770,269,843 units of shares through Barbican Capital Limited, an affiliate of Honeywell Group Limited, representing 13.3 per cent of its 35,895,292,791 outstanding shares of the FBN Holdings.
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