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FirstHoldCo Secures Shareholders’ Approval for N1 Trillion Capital

*Signalling bold strategic reset

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FirstHoldCo Secures Shareholders’ Approval for N1 Trillion Capital

*Signalling bold strategic reset

originale

punchng.com1 g fa

FirstHoldCo Secures Shareholder Approval for N1 Trillion Capital – Signalling Bold Strategic Reset

FirstHoldCo shareholders approve N1 trillion capital raise, signalling a strategic reset for Nigeria's oldest financial institution. Learn about the bold m

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vanguardngr.com1 g fa

FirstHoldCo Secures Shareholder Approval for N1 Trillion Capital

FirstHoldCo shareholders approved a ₦253 billion raise toward a ₦1 trillion paid-up capital base, backed by 72% YoY PBT growth to ₦321 billion and 31.6% ROE in Q1 2026. Proceeds target large-corporate lending, infrastructure, and digital transformation — signalling accelerating capital consolidation among Tier-1 Nigerian banks.

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Timeline cronologica

1. lunedì 1 giugno 2026·punchng.com
   

   FirstHoldCo Secures Shareholder Approval for N1 Trillion Capital – Signalling Bold Strategic Reset

   FirstHoldCo shareholders approve N1 trillion capital raise, signalling a strategic reset for Nigeria's oldest financial institution. Learn about the bold m

2. lunedì 1 giugno 2026·thisdaylive.com
   

   FirstHoldCo Secures Shareholders’ Approval for N1 Trillion Capital

   *Signalling bold strategic reset

3. lunedì 1 giugno 2026·vanguardngr.com
   

   FirstHoldCo Secures Shareholder Approval for N1 Trillion Capital

   First HoldCo Plc (“FirstHoldCo” or “the Group”), the parent company of Nigeria’s oldest and one of its most systemically important financial institutions, FirstBank, has secured…