
Otedola Defends ₦748bn Bad Loan Write-Off at First HoldCo: How It Will Impact Investors’ Buy/Sell Decisions
Femi Otedola, chairman of First HoldCo Plc, has publicly defended the group’s decision to take a ₦748 billion one-time impairment

Femi Otedola, chairman of First HoldCo Plc, has publicly defended the group’s decision to take a ₦748 billion one-time impairment

The unaudited full-year 2025 results of First HoldCo Plc have sparked intense scrutiny among analysts following the disclosure of a

Femi Otedola has increased his ownership stake in First HoldCo Plc to 18.12%, deepening his position as the group’s most

Standard Bank has successfully closed a $250 million financing package for Nigerian oil producer Aradel Energy Ltd, unlocking capital for

The Competition Authority of Kenya (CAK) has approved Zenith Bank Plc’s proposed acquisition of 100% of Paramount Bank Limited, a

African Export-Import Bank (Afreximbank) has officially terminated its credit rating relationship with Fitch Ratings. The bank noted the decision followed

The Islamic Development Bank Institute (IsDBI) and IE University, through the IE Foundation, have launched a joint initiative aimed at

The European Bank for Reconstruction and Development is hiring for a principal banker role in Abidjan, the Ivory Coast. Job

Network International (Network), a leading fintech company in the Middle East and Africa, has signed a strategic processing agreement with

NEM Insurance Plc reported impressive profitability in its audited financial statements for the year ended December 31, 2025, continuing the

The Islamic Corporation for the Development of the Private Sector (ICD) has participated as Joint Lead Manager in Saudi Telecom

eTranzact International Plc has projected a profit after tax of ₦672.7 million for the first quarter ended March 31, 2026,






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