First Bank Holding Group MD, Okonkwo Acquires More Shares of the Bank

Mr Nnamdi Okonkwo, First Bank Holding Group Managing Director

The Group Managing Director of First Bank of Nigeria (FBN) Holdings, Nnamdi Okonkwo has bought more shares in the giant banking institution, just one month after he made his first purchase.

This was made known in a stock market document dated September 23, 2022, whereby FBN Holdings disclosed that Okonkwo paid N83.69 million to acquire 8.16 million shares in FBN Holdings on September 22, 2022.

This share acquisition followed the 854,281 shares he acquired on August 19, 2022, which cost Okonkwo N9.18 million. This recent stock market activity of First Bank Holding Group Managing Director has increased his stake in the organisation to 0.02%, from 0.002%.

Also another executive director at the company, Samson Oyewale Ariyibi, Eecutive Director, Investment Management and Oversight, bought 1.16 million units worth N12.2 million of the company’s shares..

About the author

Joseph Chukwuma Oputa

Joseph Chukwuma Oputa is the Managing Editor of Maslow Businessnews and Physicians News publications published by Maslow Business News Publications, Lagos, Nigeria.

Joseph Oputa is a proud Alumnus of the prestigious Nigerian Institute of Journalism, Lagos and Federal Polytechnic, Bida, Niger State.

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