Shareholders

Otedola, First HoldCo Shareholders’ Investments On Decline Since Otudeko’s Exit

Since Oba Otudeko, the former chairman of First HoldCo and second-largest investor, exited the company unceremoniously, the financial institution’s share value has depreciated by N2.9 kobo, erasing N121.44 billion from shareholders’ investment

Prime Business Africa

August 25, 2025

Business·Top Stories

Shareholders Of Infinity Trust Mortgage Bank Record Biggest Loss In 2025 After PenCom Blacklist Firm

At the end of trading on Wednesday, August 20, the shares of Infinity Trust Mortgage Bank were dumped following the National Pension Commission (PenCom) clampdown on the company for flouting housing loan

Prime Business Africa

August 21, 2025

Business·Top Stories

New Investor Quietly Takes Over As Majority Shareholder Of Sovereign Trust Insurance

Power has changed hands in Sovereign Trust Insurance as New Eagle Millenium Limited quietly takes over as the majority shareholder of the company. While Sovereign Trust did not announce it through the

Prime Business Africa

August 12, 2025

Business·Top Stories

South-West, South-South… Regions With Highest Majority Investors In Nigeria’s Oil Industry

The oil and gas industry is a vital revenue contributor to the Nigerian economy, contributing 3.97 percent to the total real gross domestic product (GDP) in the first quarter (Q1) of 2025.

Prime Business Africa

July 31, 2025

Business·Top Stories

Indian Investors Udani Family Lose N7.59bn In Nigerian Stock Market

The Udani family, Indian investors and majority shareholders of MeCure Industries, have lost N7.59 billion in the Nigerian stock market between January 2 and July 18, according to Prime Business Africa’s analysis.

Prime Business Africa

July 21, 2025

Business·Top Stories

Femi Otedola, First HoldCo Shareholders Lose N60.72bn After Otudeko Exits Lender

Femi Otedola, the chairman of First HoldCo, the parent company of First Bank, and the shareholders of the group, lost over N60.72 billion on Friday, July 18, a day after reports emerged

Prime Business Africa

July 18, 2025

Business·Top Stories

Ikeja Hotel Outperforms Transcorp Hotels In Q2 As Its Shareholders Gain 58%

Ikeja Hotel outperformed Transcorp Hotels in the stock market in the second quarter (Q2) of 2025, as stock market investors preferred the former over the latter during the period. According to Prime

Prime Business Africa

July 8, 2025

Business·Top Stories

GTCO Shareholders Gain N93.87bn As Lender Reveals Plan To List On LSE

Shareholders of Guaranty Trust Holding Company (GTCO) gained N93.87 billion within five hours of trading on Thursday, July 3, after the company announced plans to list on the London Stock Exchange (LSE).

Prime Business Africa

July 3, 2025

Investments In A Nigerian Glass Container Maker Have Increased 286.67% This Year

Business·Top Stories

Investments In Beta Glass Increase by 286.67%

Between January 2 and June 19, shareholders of Beta Glass have seen the value of their investments grow threefold or 286.67 per cent, making the company one of the best-performing equities in

Prime Business Africa

June 19, 2025

Business·Top Stories

Majority Shareholders Tighten Control Over Lasaco Assurance With 7bn Shares

Lasaco Assurance’s majority shareholders, Ibile Holdings Ltd and Canon Properties & Investments Ltd, increased their shareholdings in the company by 7.08 billion shares in the first quarter (Q1) of 2025. According to

Prime Business Africa

June 17, 2025

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Otedola, First HoldCo Shareholders’ Investments On Decline Since Otudeko’s Exit

Shareholders Of Infinity Trust Mortgage Bank Record Biggest Loss In 2025 After PenCom Blacklist Firm

New Investor Quietly Takes Over As Majority Shareholder Of Sovereign Trust Insurance

South-West, South-South… Regions With Highest Majority Investors In Nigeria’s Oil Industry

Indian Investors Udani Family Lose N7.59bn In Nigerian Stock Market

Femi Otedola, First HoldCo Shareholders Lose N60.72bn After Otudeko Exits Lender

Ikeja Hotel Outperforms Transcorp Hotels In Q2 As Its Shareholders Gain 58%

GTCO Shareholders Gain N93.87bn As Lender Reveals Plan To List On LSE

Investments In Beta Glass Increase by 286.67%

Majority Shareholders Tighten Control Over Lasaco Assurance With 7bn Shares

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