A statement signed by the company secretary, Seye Kosoko, on Wednesday confirmed the news.
Mr Tunde Hassan-Odukale has been established as having the single-largest share in FBN Holdings Plc.
A statement signed by the company secretary, Seye Kosoko, on Wednesday confirmed that Hassan-Odukale and Mr Femi Otedola as the only shareholders with more than five per cent shareholding in the company.
Hassan-Odukale owns 5.36 per cent while Otedola owns 5.07 per cent.