FirstHoldCo

The Securities and Exchange Commission (SEC) of Nigeria has issued a statement clarifying its regulatory stance on the recently concluded First Holdco Transaction, emphasising that all procedures were conducted in accordance with existing…

Oba Otudeko, the influential businessman and former chairman of First Bank of Nigeria, has officially exited the First Bank Holding Company Plc (First Holdco) after a landmark N323.33 billion block trade on the Nigerian Exchange Limited…

The Nigerian Exchange Group (NGX) witnessed a robust rally on Wednesday, driven by a stellar performance from First HoldCo Plc, which shares surged 9.9 per cent to close at ₦32.20, up from ₦29.30. The stock traded between ₦29.50 and…

Access Holdings PLC has been ranked as a Tier 1 bank with the best asset quality in Nigeria, having posted the lowest Non-Performing Loan Ratio (NPLR) at 2.76 per cent, according to the latest Proshare’s 2025 Tier 1 Banking Report. This…

Amid the improvement in loan quality, the non-performing loans (NPLs) of nine Deposit Money Banks (DMBs) reached an estimated N3.11 trillion in 2024, an independent investigation by InsideBusinessNG has shown. This is an increase…