Ecobank Nigeria Limited has urged First Bank of Nigeria Holdings Plc not to approve the 4.7 billion shares bought by Oba Otudeko’s Honeywell Group over an
The acquisitions take Otudeko’s shareholding to 14 per cent of the bank’s outstanding market value.
Limited, Siloam Global Services Limited, Anchorage Leisures Limited, Honeywell flour Mills Plc and Dr Oba Otudeko at the Federal High Court, Lagos to recoup the debt owed by the companies.
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