The overwhelming support of shareholders underscores Otedola’s substantial impact on the nation’s economy.
Oba Otudeko
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Otudeko, the largest shareholder of FBN Holdings, owes Ecobank more than $17 million.
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Otudeko is the founder and chairman of Honeywell Group, a Nigerian conglomerate with holdings in property, energy and engineering services.
- West & Central Africa
Nigerian tycoon Oba Otudeko reportedly linked to 4.7-billion-share cross deal in FBNH
The transaction took place on the local bourse on Thurs., July 6, stirring speculation about Otudeko’s potential plans and intentions.
- Hot News
Honeywell Flour Mill gains $12.57 million as Greek tycoon John Coumantaros makes acquisition move
Honeywell Flour Mills is a leading flour and pasta product manufacturer in Nigeria.
- Hot News
Greek tycoon John Coumantaros’ Flour Mills of Nigeria eyes $194.6-million acquisition deal
Flour Mills of Nigeria and Honeywell Flour Mills will combine to create an industrial behemoth.
- Hot News
Nigerian tycoon Oba Otudeko’s flour milling business accrues 94-percent gain in two weeks
Honeywell Flour Mills is an integrated flour milling company.