Which entities is Femi Otedola connected to?
Femi Otedola
Nigerian businessman who chairs First HoldCo Plc (formerly FBN Holdings) and is one of its largest shareholders.
ActiveCurrent answer
3 active and 5 former disclosed relationships with companies and organisations.
Disclosed relationships
| Entity | Relationship | Jurisdiction | Dates | Status |
|---|---|---|---|---|
| First HoldCo Plc (formerly FBN Holdings Plc)1 | Shareholder (per the 30 June 2026 shareholding disclosure reported by ThisDay: 3,251,346,245 shares direct and 6,026,445,792 indirect, combined 20.4%) | Nigeria | Active | |
| First HoldCo Plc (formerly FBN Holdings Plc)2 | Director | Nigeria | 14 Aug 2023 – present | Active |
| First HoldCo Plc (formerly FBN Holdings Plc)3 1 | Chair | Nigeria | 31 Jan 2024 – present | Active |
| Geregu Power Plc3 4 | Chair | Nigeria | 29 Dec 2025 | Resigned |
| Transcorp Hilton Hotel, Abuja2 | Chair | Nigeria | Resigned | |
| African Petroleum Plc (renamed Forte Oil Plc)2 | Shareholder (majority stake bought May 2007; entire holding sold to the Ignite Consortium in December 2018) | Nigeria | May 2007 – Dec 2018 | Resigned |
| African Petroleum Plc (renamed Forte Oil Plc)2 3 | Chair | Nigeria | 25 May 2007 – Jun 2019 | Resigned |
| Amperion Power Distribution Company Limited2 4 | Beneficial owner (indirect controlling interest, passed to MA'AM Energy Limited in December 2025) | Nigeria | Aug 2013 – 29 Dec 2025 | Resigned |
Sources
- SecondaryFemi Otedola buys fresh N77.6bn worth of First HoldCo shares, now owns 21.95 percent stakeThisDay via AllAfrica · 23 Jul 2026
- PrimaryFBN Holdings Plc - Appointment of Non-Executive DirectorFBN Holdings Plc / Nigerian Exchange · 16 Aug 2023
- SecondaryJUST IN: FBN Holdings appoints Otedola as chairmanChannels Television · 31 Jan 2024
- SecondaryOtedola divests from Geregu Power, sells majority stake in $750m dealLeadership via AllAfrica · 30 Dec 2025
Record history
26 Oct 2026 Record published and reviewed.
Spotted an error? Request a correction with a source that shows the correct position. Person identifier femi-otedola.