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First HoldCo

NGX Market Cap Rises By N2.36trn To N117trn

Following a 3,687.45 basis points increase in the all-share index, the market capitalisation of the Nigerian Exchange (NGX) increased by N2.36 trillion on Friday, February 13. The index had increased to 182,313.08 ASI, from the 178,625.63 ASI recorded on Thursday, February 12.

February 13, 2026

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business·Top Stories

NGX Records Sluggish Growth As Market Cap Rises By N9.12bn

Trading was sluggish in the Nigerian Exchange (NGX) on Monday, February 2, as the all-share index (ASI) expanded slightly by 14.23 basis points. The ASI closed at 165,384.63 index, up from the 165,370.4 ASI reported on Friday, January 30. Consequently, the market

February 2, 2026

Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Business·Top Stories

Femi Otedola’s Investment In First HoldCo Now N362.48bn

Femi Otedola, the chairman of First HoldCo, has increased his stake in the financial institution by 6.32 percent, from 11.8 percent held at the end of 2024 to 18.12 percent as of December 31, 2025. In the company’s unaudited consolidated and separate

February 2, 2026

FBN Holding Appoints Otedola As Chairman Days After Return To Forbes African Billionaires

Business·News·Top Stories

First HoldCo Absorbs ₦748bn Loan Losses, Says Balance Sheet Now Stronger for Recapitalisation Drive

First Bank Holding Company (First HoldCo) has said its decision to recognise ₦748 billion in legacy bad loans in one sweep has placed the group on a stronger footing ahead of the Central Bank of Nigeria’s (CBN) planned banking sector recapitalisation, despite

January 31, 2026

Business·Top Stories

Stanbic IBTC Rises, Access Holdings Drops… Six Nigerian Banks Worth Over N1trn

The number of commercial banks valued at over N1 trillion on the Nigerian Exchange (NGX), also known as the stock market, increased to six at the end of 2025, up from five at the start of the year. Out of 11 commercial

January 26, 2026

Business·Top Stories

Five Bank Shares That Gave Nigerians Highest Return On Investments In 2025

In 2025, shareholders of 10 commercial banks out of 11 listed on the Nigerian Exchange (NGX), also known as the stock market, recorded a combined gain of N4.81 trillion, according to Prime Business Africa’s analysis. The companies are Wema Bank, Stanbic IBTC,

January 20, 2026

NGX Suspends Trading In Unity Bank, Guinea Insurance, 6 Other Companies’ Shares

Business·Top Stories

Stock Investors Increase Trade Value To N134.47bn On NGX, Financial Industry Top Activities

Over 7.82 billion shares worth N134.47 billion were exchanged in 150,799 deals on the Nigerian Exchange (NGX) between Monday, December 29, and Wednesday, December 31. The NGX, also known as the Nigerian stock market, opened for trading for three days due to

January 2, 2026

First Bank Changes Names Of Its Subsidiaries In UK, Some Sub-Saharan African Countries

Business

First HoldCo Earns N2.29trn From Interests, Records 7% Drop In Profit

Between January and September 2025, First HoldCo generated N2.29 trillion as interest income, which grew by 40.37 percent from the N1.63 trillion recorded in the same period in 2024. In the company’s financial statement for the period ending September 30, 2025, First

December 23, 2025

Business·Top Stories

Otedola Buys 369.98m First HoldCo Shares — After Taking Out N14.8bn From Geregu Investment

Femi Otedola, the chairman and majority shareholder of First HoldCo, has increased his stake in the financial institution by buying 369.98 million shares on Thursday, December 18. According to First HoldCo’s notification of share dealing by an insider, Otedola paid N14,82 billion,

December 19, 2025

Business·Top Stories

First HoldCo, Lasaco Add N244.61bn To Nigerian Stock Market

The Nigerian Exchange Limited (NGX) said the market capitalisation for the stock market increased to N95.52 trillion on Wednesday, December 17, from the N95.28 trillion posted on Tuesday, December 16, representing a N244.61 billion gain. About 383.71 basis points were added to

December 17, 2025

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First HoldCo

NGX Market Cap Rises By N2.36trn To N117trn

NGX Records Sluggish Growth As Market Cap Rises By N9.12bn

Femi Otedola’s Investment In First HoldCo Now N362.48bn

First HoldCo Absorbs ₦748bn Loan Losses, Says Balance Sheet Now Stronger for Recapitalisation Drive

Stanbic IBTC Rises, Access Holdings Drops… Six Nigerian Banks Worth Over N1trn

Five Bank Shares That Gave Nigerians Highest Return On Investments In 2025

Stock Investors Increase Trade Value To N134.47bn On NGX, Financial Industry Top Activities

First HoldCo Earns N2.29trn From Interests, Records 7% Drop In Profit

Otedola Buys 369.98m First HoldCo Shares — After Taking Out N14.8bn From Geregu Investment

First HoldCo, Lasaco Add N244.61bn To Nigerian Stock Market

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