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FirstHoldCo to pay 60% of annual profit as dividends - Businessday NG

First HoldCo Plc has moved to boost investor confidence by adopting one of the most generous dividend policies among Nigeria's tier-one l

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FirstHoldCo to pay 60% of annual profit as dividends - Businessday NG

FirstHoldCo adopts 60% dividend payout policy; H1 2026 profit-after-tax surges 81.6% to N526.1 billion. Diversified revenue streams (non-interest income N497.1 billion) and restored regulatory capital enable simultaneous shareholder distributions and continued expansion.

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First HoldCo to pay 60% of annual profit as dividends

First HoldCo shifts to 60% annual dividend policy after ₦748B bad-loan provision, with H1 2026 after-tax profit of ₦526.3B confirming recovery. The move signals management confidence in earnings stability and asset-quality improvement, reflecting governance strength post-cleanup.

Timeline cronologica

martedì 28 luglio 2026·businessday.ng
FirstHoldCo to inject new capital into overseas expansion, new business lines - Businessday NG
Wale Oyedeji, group managing director and chief executive officer of First HoldCo Plc, has said the holding company will deploy fresh...
giovedì 30 luglio 2026·premiumtimesng.com
Otedola acquires 1.78 billion First HoldCo shares, lifts stake to 25.86%
The new share purchase represents 3.91 per cent of the company's outstanding shares.

FirstHoldCo to pay 60% of annual profit as dividends - Businessday NG

Confronto fonti

FirstHoldCo to pay 60% of annual profit as dividends - Businessday NG

First HoldCo to pay 60% of annual profit as dividends

Timeline cronologica

FirstHoldCo to inject new capital into overseas expansion, new business lines - Businessday NG

Otedola acquires 1.78 billion First HoldCo shares, lifts stake to 25.86%

Otedola raises FirstHoldco stake to 26% with N222bn share purchase

Otedola acquires 1.78 billion First HoldCo shares, lifts stake to 26%

Otedola raises FirstHoldco stake to 26% with N222bn share purchase

How Otedola moved First HoldCo to Nigeria's most valuable bank - Businessday NG

FirstHoldCo to pay 60% of annual profit as dividends - Businessday NG

First HoldCo to pay 60% of annual profit as dividends