Otudeko returns as First Bank’s largest shareholder
Honeywell Group, led by Dr. Oba Otudeko, has reportedly bought the largest shares of FBNHoldings Plc in a cross deal worth N87.8 billion. The shares which Otudeko bought at N19 per unit are the largest volume of FBNHoldings’ shares traded in a single day since 2012 when the stock exchange started publishing data. The trade has ratcheted up allegations over …