FirstHoldCo Secures Shareholders’ Approval for N1 Trillion Capital

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.