Social media users are reacting to the recent appointment of billionaire Femi Otedola as the new Chairman of FBN Holdings PLC (the parent company of First Bank of Nigeria).
According to sources, the change of office occurred during a recent meeting of the Group’s Board of Directors in Lagos on Wednesday, January 31st.
Femi Otedola, the father of a famous disc jockey, will succeed Ahmad Abdullahi. Prior to his appointment, Otedola was the financial institution’s largest and sole substantial shareholder, with a 5.6 percent interest.
His appointment will be effective January 31st, 2024.
The news has left many talking as they congratulated the businessman on his new achievement.
One Bezoyello Salon wrote, “Congratulations papa Florence
One Armani Jayson wrote, “As it should be. If you know the time he bought shares from them then you’ll understand
One I Am Bmodel wrote, “The rich keep getting richer. Congratulations Dangote’s bestie
One Nohpheesat wrote, “So na my money Cuppy dey use toast Lerry
One Favorite Emporium wrote, “Congratulations to him. I trust he will do a good job
One Richy Billy wrote, “The rich are getting richer and all the Emilokans are still standing on their mandates
One Rodeo Mr wrote, “Big men doing big things. Congrats Mr Forte
One Mikky Torino wrote, “He is appointed to save the bank”.


