The latest acquisition, executed on August 6, 2026, was undertaken through Calvados Global Services Limited, a company associated with Otedola. The latest purchase represents another major step in Otedola’s sustained accumulation of First HoldCo shares and further increases his influence in the ownership structure of the financial services group. On July 22, Otedola, through his related interests, acquired 706.1 million First HoldCo shares at N109.88 per share in a transaction valued at approximately N77.6 billion. Following the July 30 acquisition, Otedola’s combined stake in First HoldCo stood at 25.86 per cent. AdvertisementThe sustained accumulation of shares highlights Otedola’s growing influence in First HoldCo and signals his continued confidence in the long-term prospects of the financial services group.