Mr. Femi Otedola elevated his stake in First HoldCo Plc to 18.12% in 2025, making him one of many group’s largest substantial shareholders, having gathered 3.82 billion further models.
The rise was disclosed within the holding firm’s 2025 monetary assertion, printed on the Nigerian Change on January 30, 2026.
In line with the submitting, Otedola now holds a complete of 8.05 billion First HoldCo shares, representing a year-on-year improve of over 90% from 4.23 billion models, or an 11.8% stake, recorded in 2024.
The transfer locations him amongst solely two shareholders with models above 5%, alongside RC Funding Administration Restricted, which controls a 23.47% stake.
What the monetary assertion is saying
The monetary assertion signifies that Mr. Femi Otedola held 3.25 billion direct shares in First HoldCo as of December 2025, representing a 7.31% direct stake.
- This represents a year-on-year improve of over 92%, rising from 1.68 billion shares, or a 4.71% stake, held within the 12 months ended December 2024.
- His oblique shareholding additionally climbed sharply to 4.80 billion models by December 31, 2025, equal to a ten.81% stake.
- This compares with 2.54 billion models, or 7.09%, held in 2024, representing an 88.8% year-on-year improve.
- Mixed, Otedola’s whole curiosity now stands at 18.12%, positioning him as one of many two largest substantial shareholders within the group, alongside RC Funding Administration Restricted, which holds a 23.47% stake.
The rise in shareholding displays Otedola’s growing possession management in First HoldCo, along with his newest buy involving an oblique share acquisition price N14.8 billion in December 2025.
Stand up to hurry
In mid-December 2025, Calvados World Providers Restricted, an organization owned by main shareholder Mr. Olufemi Otedola, acquired shares price N14.8 billion in First HoldCo.
- In line with a disclosure printed on the Nigerian Change, Calvados bought 369,986,122 shares at N40.06 per share.
- The transaction, tagged NGFBNH000009, pushed whole every day buying and selling quantity to 385.6 million shares, highlighting the surge in market exercise across the inventory.
- The rise in quantity was accompanied by sturdy value motion, with First HoldCo shares rising from round N40 to N53 by December 24, 2025, contributing to a month-to-date achieve of 54% on the Nigerian Change.
- For the complete 12 months, First HoldCo delivered a 70.77% achieve, closing at N47.90 from N28.05.
- Mr. Otedola additionally just lately exited his possession stake in Geregu Energy in a deal stated to be price $750 million.
What to know
First HoldCo’s inventory rose 70.77% in 2025, closing at N47.90, supported by sturdy buying and selling and a serious December share buy by Femi Otedola.
- Otedola’s whole stake now stands at 18.12%, making him one of many firm’s two largest shareholders alongside RC Funding Administration Restricted.
- FirstHoldCo just lately launched its unaudited Consolidated and Separate Monetary Statements for the 12 months ended December 31, 2025, reporting a pre-tax revenue of N229.097 billion, reflecting a 71.18% decline in comparison with N796.461 billion in 2024.
- Revenue after tax additionally declined by 93.36% to N44.98 billion in comparison with N677.005 billion reported in 2024.
The inventory misplaced 2.5% on the buying and selling day that ended January 30, 2026, closing at N45 and bringing the year-to-date loss to six.05% in 2026.
