
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

When First HoldCo Plc unveiled a broad reconstitution of boards across its non-bank subsidiaries in January 2026, the move was

Nigeria’s banking sector is in the midst of its most consequential capital-raising cycle in over a decade. With the Central

As Nigeria’s banking sector moves past what investors widely regarded as a year dominated by recapitalisation, attention is turning to

First HoldCo Plc has confirmed it will sell shares held by a special purpose vehicle (SPV), RC Investment Management Ltd.,

In a defining year marked by an audacious boardroom overhaul and a transformation in corporate governance, First HoldCo Plc has






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