First HoldCo Plc is planning to divest shares currently held by a special purpose vehicle (SPV), as part of its broader capital restructuring and compliance strategy.
In 2024, Nigeria's top banks reaped the benefits of a volatile but profitable macroeconomic environment, with nine listed banks- Access Holdings, FCMB, Fidelity, First Holdco, GTCO, Stanbic IBTC, UBA, Wema Bank and Zenith, posting a combined profit after tax (PAT) of N4.786 trillion.
President Bola Tinubu said he envisions Nigerian banks excelling in foreign countries and solidifying their position among the...