Tag: First Holdco

Mr Otedola executed the share purchase through the N45 billion second tranche of the lender’s N350 billion private placement programme.

He acquired 549.5 million shares at N79 per unit on Wednesday through Calvados Global Services Limited, his special purpose acquisition.

The Company’s profitability similarly increased to N321.1 billion for the unaudited first quarter ended 31 March 2026

Tier-1 banks’ profits declined despite strong earnings growth. This is due to the sharp drop in net trading and foreign ...

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your ...

The directive takes effect immediately, according to a letter by the regulator to all banks, issued on Thursday.

“Average NIMs declined slightly in most regions, but increased for African banks to 6.2 per cent (2024: 5.7 per cent), ...

The bulk of the impairment charge was reported in the fourth quarter of the year, when the group set aside ...

The billionaire tycoon’s direct shareholding in the entity stood at 7.3 per cent or 3.3 billion shares as of 31 ...

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your ...

“The new appointments are aimed at bringing seasoned professionals with a wealth of experience to the subsidiaries, aligning the group ...

“At First HoldCo, we decided to clean house properly. We took a huge one time hit of N748 billion to ...

He bought the shares through Calvados Global Services Limited, his special purpose acquisition vehicle.

On 27 October 2025, Justice Akaahs gave a verdict directing General Hydrocarbons to pay First Bank legal and arbitration costs.

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your ...

Abiola Baruwa will assume the role on 7 November, replacing Adewale Arogundade.

Revenue rose to N1.7 trillion from N1.4 trillion, the largest chunk coming from its commercial banking division, according to its ...

The regulator said in a statement signed by Efe Ebelo, its head of external relations that it issued a "no ...

The attorney general describes the report about First Holdco as “inaccurate, misleading, resentful and malicious.”

First HoldCo called on ThisDay and Arise TV to uphold the principles of journalism by verifying facts before publication.

“The sellers were Barbican Capital Limited & affiliates and Leadway Group & affiliates, and the buyer...,” First HoldCo said in ...

In a Friday statement issued by Kamarudeen Ogundele, special assistant to the president on Communication and Publicity, Office of the ...

Shares in First HoldCo accelerated by 9.9 per cent to N32.2 per unit, emerging as the day’s 6th best-performing stock ...

Nigeria’s tax as a share of GDP was the second weakest of the 36 African economies tracked by the Organisation ...

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your ...