Femi Otedola acquired another 147.74 million First HoldCo shares for N20.7bn through Calvados Global Services Limited.
The latest purchase brings his disclosed First HoldCo share acquisitions in 2026 to about N412bn.
Otedola’s continued accumulation comes as First HoldCo...
Femi Otedola has increased his stake in First HoldCo Plc after acquiring an additional 138.04 million shares valued at about ₦18.11 billion.
The latest purchase takes his holding in the financial services group from 25.8 percent to 26.1...
Femi Otedola says he has invested more than N600 billion of his personal wealth in First HoldCo and signalled plans to increase his stake beyond 51 percent.
The billionaire said First Bank was on the brink of regulatory...
First HoldCo's market capitalisation climbed above N5 trillion during Wednesday's intraday trading after investors responded positively to the group's impressive half-year financial performance.
The lender's shares traded between N112 and N113 on the Nigerian Exchange, extending gains from...
July 19, (THEWILL) — Nigeria’s equities market closed the week on a mixed note as sustained buying interest in banking stocks lifted market capitalisation, while the benchmark index posted a marginal decline amid profit-taking in selected industrial and consumer...
Nigerian equities shed ₦32 billion as profit-taking in BUA Cement and Eunisell outweighed strong gains in banking stocks.
First Holdco jumped 9.96 per cent to lead the gainers’ chart for another session, while UBA, Jaiz Bank, and McNichols...
Investor wealth rose by ₦390 billion as market capitalisation climbed to ₦156.239 trillion despite a slight dip in the benchmark index.
First Holdco rallied nearly 10 percent to lead 33 gainers, extending buying interest in banking and mid-cap...
The Nigerian stock market recovered ₦720 billion in investor wealth on Tuesday as bargain hunting returned after Monday’s broad sell-off, pushing market capitalisation back to ₦155.849 trillion.
First Holdco climbed 9.98 percent to lead the banking sector rally,...
June 18 (THEWILL) — Cornerstone Insurance Plc has released its audited financial results for the year ended December 31, 2025, reporting a pre-tax profit of ₦8.73 billion, down from ₦28.62 billion recorded in 2024.
The 69 percent year-on-year decline came...
May 29 (THEWILL) — Shareholders of First HoldCo Plc, the parent company of FirstBank of Nigeria, have approved a capital raise of up to N253.099 billion as the group advances plans to build a N1 trillion paid-up capital base.
The...
group of current and former footballers has publicly called for change at the top of world football, saying major decisions are being made without enough consideration for players or supporters.