30 results
- 1 Feb 2026
If Capital is the Answer, What Exactly is the Problem with First Holdco
By Blaise Udunze The Olayemi Cardoso-led Central Bank of Nigeria’s 24-month compliance timeline for the recapitalization of Nigeria’s banking system is about to conclude on March 31, 2026, which is…
- 10 Aug 2025
First Securities Secures Remarkable Position in NGX Performance Report
First Securities Brokers Limited, the stockbroking subsidiary of First Holdco Plc, recently announced its impressive performance in the latest Nigerian Exchange (NGX) Broker Performance Report. The…
- 1 Feb 2026
First Trustees to Host 8th Islamic Estate Planning Clinic in Abuja
First Trustees, a subsidiary of First HoldCo Plc., and a leading provider of trust solutions for individuals, corporates, and government institutions, is proud to announce its 8th Islamic Estate…
- 17 Feb 2026
First Trustees Advocates Stronger Frameworks in Advancing Structured Islamic Inheritance Practices
First Trustees Limited, a subsidiary of First HoldCo Plc., and a leading provider of trust solutions to individuals, corporates, and government institutions, partners with The Metropolitan Law Firm…
- 1 Jun 2025
First Asset Management Receives 2024 Fund Manager Award
First Asset Management Limited, a subsidiary of First HoldCo Plc, has received the prestigious Fund Manager of the Year 2024 award. This accolade was conferred during the inaugural Capital Market…
- 4 May 2025
First Asset Management Surpasses ₦1 Trillion in Assets Under Management
First Asset Management Limited, a leading investment management firm in Nigeria and a subsidiary of First HoldCo Plc., has announced a significant milestone, the company has surpassed ₦1 trillion in…
- 21 May 2025
First Asset Management Launches N100 Billion Infrastructure Fund to Provide Sustainable Capital for Infrastructural Development Across Sectors
In a strategic move to address Nigeria’s infrastructure financing gap, First Asset Management, one of Nigeria’s leading investment managers and a subsidiary of First HoldCo Plc., has officially…
- 27 Mar 2025
First Asset Management expands into US Equity Market, Introduces FBN Blended Dollar Fund
First Asset Management, one of Nigeria’s investment managers and a subsidiary of First HoldCo Plc. has launched its FBN Blended Dollar Fund to drive up customer earnings through its rich blend of US…
- 18 Jun 2025
First Bank Spends N15Bn to Guard Systems against Hackers in 5 Months –CEO
First Bank HoldCo Plc has disclosed that it spent over ₦15 billion to protect its banking systems from cyberattacks between January and June this year, as digital threats to financial institutions…
- 2 Dec 2025
FBNQuest Merchant Bank Confirms New Ownership Structure, Sets Stage for Future Growth
FBNQuest Merchant Bank has confirmed the successful completion of its ownership transition, following its divestment from First HoldCo Plc and acquisition by EverQuest Acquisition LLP, a new investor…
- 24 Apr 2025
FBNQuest Trustees Hosts Estate Planning Summit in Port Harcourt
FBNQuest Trustees Limited, a subsidiary of First HoldCo Plc, provider of trust solutions to individuals, corporate and government institutions, recently hosted its inaugural Estate Planning Summit in…
- 19 Feb 2026
FirstCap MD says Payment Security Remains Biggest Barrier to Bankable Gas and Power Projects
Ukandu E. Ukandu, Managing Director/CEO of FirstCap Limited, a leading investment banking firm and subsidiary of First HoldCo Plc., has reaffirmed that payment security remains the most decisive…
- 21 Nov 2025
FirstCap Champions Real Estate Financing with Lekki Gardens’ ₦25B CP Issuance Establishment
FirstCap Limited, Nigeria’s leading investment banking and capital markets advisory firm and a subsidiary of First HoldCo Plc, has announced its strategic role as Joint Issuing House and Placing…
- 23 Oct 2025
FirstCap Named Capital Markets Architect of the Year at the BAFI 2025 Awards
FirstCap Limited, a subsidiary of First HoldCo Plc., and a prominent investment banking firm, has been honored with the prestigious Capital Markets Architect of the Year award at the 2025 BusinessDay…
- 19 Feb 2026
Sterling HoldCo Starts Allotment of Oversubscribed Public Offer Shares
Sterling Financial Holdings Company Plc (Sterling HoldCo) has begun allotting 12,581,000,000 ordinary shares of 50 kobo each at ₦7.00 per share from its 2025 Public Offer. Sterling HoldCo The process…
- 17 Dec 2021
Remi Babalola Quits FBN Holdings as Chairman, CBN Appoints Alhaji Ahmad Abdullahi as Replacement
Mr Remi Babalola, chairman of FBN Holdings Plc, has exited his position barely nine months after he was appointed. The Central Bank of Nigeria (CBN) has also approved the appointment of Alhaji Ahmad…
- 27 Feb 2025
FIRSTHOLDCO: Reinforcing ESG, Sustainability Initiatives As It Rebrands
By A.Ezekiel In a world where approximately 20% of new businesses fail within the first two years, 45% within five years, 65% within ten years, and only 25% make it to 15 years or more (according to…
- 27 Oct 2024
First Bank Proposes New Name after Upgrading Banking Platforms
FBN Holding Plc, one of Nigeria’s foremost banks, has announced plans to change its name, Plc at its upcoming 12 Annual General Meeting (AGM) on November 14, 2024. The bank announced this in a notice…
- 31 Jul 2025
Sterling HoldCo Delivers Stellar H1 2025 Results; Capital Raise Strategy Gains Momentum
Sterling Financial Holdings Company Plc (“Sterling HoldCo”) has reported a remarkable 157% year-on-year growth in profit-after-tax, hitting ₦41.78 billion for the half-year ended June 30, 2025. This…
- 31 Jan 2024
Femi Otedola Becomes chairman of First Bank Holdings
Billionaire businessman Mr Femi Otedola, has emerged as the chairperson of the board of FBN Holdings Plc, whose flagship company is First Bank. He was appointed to the role during a meeting of the…
- 22 May 2025
When Legacy Meets Preparedness – Olusegun Alebiosu as CEO, Firstbank Group
By Aniekan Ezekiel What happens when legacy meets preparedness? What results from such a combination? Let us not be in a hurry to put forward any answers yet. Instead, let us consider first the…
- 15 Feb 2026
Nigeria's Banks Race to Meet CBN Recapitalisation Deadline Amid Verification Push
Nigeria’s banking sector is in the final stretch of its recapitalisation drive, with lenders intensifying capital actions ahead of the Central Bank of Nigeria’s (CBN) March 31 deadline. Proshare…
- 19 Nov 2025
Hackers Breach Phones of Dangote and Otedola, Demand Ransom
Hackers have reportedly breached the phones of Aliko Dangote and Femi Otedola, raising concerns about the growing wave of high-level cyber intrusions targeting prominent Nigerians. The attack, which…
- 11 May 2025
Bank customers to ditch SMS alerts for email amid rising charges
Some bank users in Abuja have declared they will opt for electronic mail alerts from their banks to cut costs and reduce charges on their accounts. Some of them who spoke to the News Agency of…
- 7 Sept 2025
Customers Wax Worriedly over Multiple Bank Charges, Urge BCAN, CBN to Intervene
Nigerian bank customers have continued to express frustration over what they describe as unauthorised and excessive debits from their accounts, calling on the Bank Customers Association of Nigeria…
- 23 Oct 2021
First Bank Denies Reports of Otedola Takeover
FBN Holdings Plc Friday denied claims by online media that Femi Otedola, business mogul, has acquired majority stake in the bank. Femi Otedola In a statement signed by Seye Kosoko, company secretary,…
- 16 May 2025
Fidelity Bank reclaims trillion-naira market cap as stock rises to ₦21
Fidelity Bank Plc, has reentered the trillion-naira market capitalisation club, after its share price rose by 5.3%, climbing from ₦19.95 to ₦21.00 on May 13, 2025, according to data from the Nigerian…
- 29 Apr 2021
CBN Fires all First Bank Directors, Reinstates Sacked MD
Central Bank of Nigeria (CBN), has sacked all First Bank of Nigeria (FBN) directors and appointed new ones with immediate effect. The CBN also accused the directors of corporate governance breach,…
- 17 Jul 2026
Dangote Refinery’s Private Placement Reportedly Hits $2.5Bn
Dangote Petroleum Refinery is reportedly nearing completion of a $2.5 billion private placement that values the company at about $40 billion ahead of its planned public listing. Private placement is…
- 7 Nov 2025
Banks’ N1.96Trn Black Hole: Who Took the Loans, Who Defaulted, and Why the Real Economy Suffers
By Blaise Udunze Nigeria’s banking sector has entered a season of reckoning. Eight of the nation’s biggest banks have collectively booked N1.96 trillion in impairment charges in just the first nine…