Reports reaching Nairametrics indicate that the recent off-market trade involving 10.43 billion shares of FirstHoldCo, valued at N323.4 billion, was executed by RC Investments Ltd, a Special Purpose Vehicle (SPV) linked to Renaissance Capital.
FBN Holdings Plc, the parent company of FirstBank, witnessed a massive off-market transaction on July 16, 2025, involving 10.43 billion units of its shares valued at N323.4 billion.
The Central Bank of Nigeria (CBN) and FBN Holdings Plc have asked a Federal High Court in Lagos to dismiss a lawsuit brought by investment firm Barbican Capital Ltd.
