First Holdco Plc has released its audited financial results for the year ended December 31, 2024, reporting a pre-tax profit of N781.88 billion, representing a 124.77% year-on-year increase compared to N347.87 billion recorded in 2023.
The Chairman of United Bank for Africa (UBA), Mr. Tony Elumelu has rendered his support for the recently passed windfall tax on the foreign exchange revaluation gains of commercial banks.