First HoldCo

First HoldCo on Course for ₦1tn Annual Profit as H1 Earnings Jump 83.5% to ₦653.5bn

First HoldCo posted a record ₦653.5 billion pre-tax profit in the first half of 2026, driven by stronger fee income, lower impairment charges, and improved operating efficiency. The banking group restored FirstBank's Capital Adequacy Ratio ahead of schedule...

First Bank Director Buys N177.9m First HoldCo Shares Amid Strong Market Rally

May 12, (THEWILL) — First HoldCo Plc has disclosed that Anil Dua, a non-executive director on the board of First Bank of Nigeria, acquired shares in the financial services group valued at N177.9 million, amid renewed investor interest in...

First HoldCo Seeks Shareholders’ Approval for N253bn Capital Raise at 14th AGM

May 12, (THEWILL) — First HoldCo Plc, the parent company of First Bank of Nigeria, will seek shareholders’ approval to raise N253.1 billion in fresh capital at its 14th Annual General Meeting scheduled for May 29, 2026, as the...

First HoldCo Shares Climb 12.3% As Q3 Optimism Fuels Investor Confidence

October 06, (THEWILL) — The shares of First HoldCo Plc rallied 12.3 percent on the Nigerian Exchange (NGX) as of September 30, 2025, setting the tone for another stellar performance in Q3 results, after the impressive record that hit...

Recapitalisation: Otedola Increases Stake In First HoldCo By N2.01bn

September 25, (THEWILL) — Femi Otedola, Chairman and key stakeholder in First HoldCo Plc, has expanded his stake in the company with the acquisition of an additional 64,878,668 shares, valued at N2.01 billion. FBN Holdings disclosed the transaction in two...

First HoldCo Profit Plunges 18% in Q1 2025

May 05, (THEWILL) – First Holdco Plc.’s net profit fell by about 18 percent year-on-year in the first quarter of 2025 in what appears to be a negative start to the year. The profit before tax declined from N234.3...

First HoldCo Records 105.71% Surge in Revenue to N3.213trn

April 20, (THEWILL) – First HoldCo (formerly FBN Holdings) Plc has released its audited financial results for the year ended December 31, 2024, reporting a 105.71 percent rise in gross earnings to N3.213 trillion - from N1.562 trillion achieved...

FBNHoldings Rebrands As First HoldCo

February 12, (THEWILL) – FBN Holdings Plc, one of Africa’s premier financial institutions, has announced the change of its name to First HoldCo Plc. (First HoldCo). In a statement on Tuesday, the company said this naming convention will also be...
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IYC Committed To Peaceful Resolution Of Eruani, Daukoru Dispute – Ayebakuro Itari

The Ijaw Youth Council has waded into the dispute between Dr Azibapu Eruani and Mr Kariyai Daukoru with...
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