Calvados Global Services Limited & FirstBank of Nigeria

Calvados Global Services Limited: Otedola's investment vehicle is the entity executing the share purchases. Its repeated large acquisitions have been the primary catalyst for the stock's rally.

FirstBank of Nigeria: As the main subsidiary of First HoldCo, First Bank has been recapitalised and cleaned up under Otedola's leadership. Its improved performance and capital position underpin the group's re-rating.

Calvados Global Services Limited: Otedola's investment vehicle is the conduit for his share purchases, facilitating the transactions and reflecting his strategic accumulation.

FirstBank of Nigeria: As the main subsidiary of First HoldCo, the bank's prospects are enhanced by the parent's strong performance and Otedola's confidence.

Calvados Global Services Limited: Calvados Global Services Limited, Femi Otedola's investment vehicle, executed significant share acquisitions in FirstHoldCo, contributing to the company's market momentum and demonstrating strategic investment in the banking group.

FirstBank of Nigeria: As the parent entity of FirstHoldCo, FirstBank of Nigeria is a key beneficiary of the group's market valuation surge, reflecting improved financial health and investor confidence in its operations.