Tag
OBA OTUDEKO
The Securities and Exchange Commission (SEC) has confirmed that it approved the sale of shares in First HoldCo by Oba Otudeko, chairman of Honeywell Group, and Tunde Hassan-Odukale, group managing director of Leadway Assurance, to RC Investment Management Limited.
The Federal High Court, Lagos, on Wednesday, struck out N12.3 billion fraud charges instituted against the Chairman of Honeywell Group, Chief Oba Otudeko, a former Managing Director of First Bank, Olabisi Onasanya and others by the Economic and Financial Crimes Commission (EFCC), following discontinuance by the Commission. //
The Federal Government of Nigeria and prominent businessman Femi Otedola, Chairman of FirstHoldCo Plc, have formally denied any involvement in the recent acquisition of approximately 25% of FirstHoldCo’s shares, valued at over N323 billion.
Reports reaching Nairametrics indicate that the recent off-market trade involving 10.43 billion shares of FirstHoldCo, valued at N323.4 billion, was executed by RC Investments Ltd, a Special Purpose Vehicle (SPV) linked to Renaissance Capital.
The Federal High Court in Lagos has ordered Oba Otudeko, Chairman of Honeywell Group, to take his plea...
The Chairman of Honeywell Group, Chief Oba Otudeko, a former Managing Director of First Bank, Olabisi Onasanya and...
The Chairman Of Honeywell Group, Oba Otudeko, has failed to appear in court today in his ongoing case with the Federal Government.
Honeywell Chairman, Oba Otudeko, is scheduled to be arraigned at the Federal High Court on February 13, 2025, in a case filed by the Economic and Financial Crimes Commission (EFCC).
Dr. Oba Otudeko, Chairman of Honeywell Group, has addressed the ongoing conflict between First Bank of Nigeria (FBN)...
Representatives from the Central Bank of Nigeria (CBN) and First Bank of Nigeria (FBN), along with other witnesses, have been listed to testify against the Chairman of Honeywell Group, Chief Oba Otudeko, and a former Managing Director of First Bank, Olabisi Onasanya, in an alleged N12.3bn fraud case filed by the Economic and Financial Crimes Commission (EFCC).
Prominent figures from the Nigerian business landscape came together to pay tribute to late Abimbola Ogunbanjo during a tribute afternoon.
The market value of Otudeko's 5.3 billion units stake in Honeywell surged by 10% in a day.