Tag: First HoldCo Plc
Otedola’s bombshell: Expect unpleasant disruptions as we restructure First Holdco Plc
Otedola emphasised that the restructuring is driven by “tenacity of purpose and veracity of vision,” underpinned by three core pillars:…
First HoldCo grows Gross Earnings to ₦3.4 Trillion despite impairments
The group explained that the spike in impairments followed a conscious decision to accelerate balance sheet clean-up and adopt more…
First HoldCo names new boards in non-banking subsidiaries
Commenting on the appointments, the Group Chairman of First HoldCo Plc, Mr Femi Otedola, said the group was delighted to…
FirstBank hits ₦500bn Capital Mark as Recapitalisation Drive Succeeds
First HoldCo Plc has announced that its flagship commercial banking subsidiary, First Bank of Nigeria, has successfully met the Central…
First HoldCo completes 100% divestment from FBNQuest Merchant Bank
The sale marks a strategic shift for First HoldCo as it continues to streamline operations and refocus its portfolio. Although…