Billionaire investor Femi Otedola has once again demonstrated the power of long-term thinking in business, after quietly purchasing an extra 64.8 million shares of First HoldCo Plc worth about ₦2.01 billion on September 23, 2025.
This move pushes his direct stake to 3.25 billion shares (7.76%), while his indirect holdings—through Calvados Global Services and other investment vehicles—now stand at 3.49 billion shares (8.34%). Combined, Otedola controls 16.1% of the banking group, reinforcing his position as its single largest shareholder.
His increased stake comes just months after two major shareholder blocs, linked to Oba Otudeko and Tunde Hassan-Odukale, sold more than 10 billion shares. While others exited, Otedola doubled down—buying millions of shares at ₦31 each, both personally and through his company.
For entrepreneurs and SME owners, his move carries a key lesson: clarity, patience, and conviction can build long-term value, even in uncertain economic climates. In a season of currency pressure, regulatory adjustments, and rising costs, Otedola’s investment signals strong confidence in the future of First HoldCo and the broader financial sector.
Otedola’s growing influence also fits into his wider business repositioning. After leaving the oil marketing space, he has built strong footprints in power, finance and long-term strategic investments. His listed company, Geregu Power, continues to attract institutional interest, while First HoldCo strengthens his play in mainstream banking.
By raising his stake instead of cashing out, Otedola reinforces his reputation as a long-term builder, not a short-term trader. His 16.1% ownership is the result of calculated steps taken over several years—not sudden speculation. And unless another investor is ready to match his strategy, his dominance at First HoldCo is likely to remain intact.
For business owners, the message is clear: those who stay focused, invest wisely, and think long-term often stay ahead—no matter the competition.
