First Holdco, wey be the oldest financial institution for Nigeria, don reach new height for Nigerian Exchange Limited (NGX). As at July 29, 2026, the company market capitalisation don hit N5.78 trillion, wey make am the most capitalised banking stock for the exchange.
The stock don rise from N79 per share wey e close for end of 2025 to N127 per share, wey be year-to-date gain of over 60 percent. Dis milestone come on the back of strong unaudited results for first quarter ended March 31, 2026 and half year ended June 30, 2026.
Chairman of First Holdco, Mr. Otedola, don also increase im stake for the company. Di move come at a time when investors dey show renewed interest for First Holdco, supported by better earnings. The company performance for Q1 2026 and H1 2026 don attract many investors.
Di achievement show say First Holdco dey maintain im leadership position for Nigerian banking sector. Di share price rise reflect investor confidence for the company future prospects.
