First Holdco Fires Up, Market Value Tops N3.6 Trillion
First Holdco Plc is seeing a significant price surge as investors anticipate strong earnings performance for the first half of the financial year 2026.
The banking group’s share price increased by about 10% to N79.35 on Wednesday as improved sentiment continues to fuel its re-rating.
Trading at less than 3% below its 52-week high, the financial services company’s price push was driven by strong transaction value led by buy-side investors in the Nigerian bourse.
Data from the Nigerian Exchange showed that First Holdco gained 9.98% on a trading volume of 78.657 million, valued at N6.191 billion.
First Holdco has continued to record significant trading volume, and transaction value has been heavy, reflecting a positive sentiment about the group’s future earnings stream.
In the last seven trading sessions, First Holdco has been revalued by about 26% – supported by high-ticket transaction value and volume.
The market value of First Holdco Plc, with 45.475 billion outstanding shares, surged to N3.608 trillion on Wednesday, tracking close to its 52-week high in the local bourse.
First HoldCo is planning to release Q2 2026 earnings, according to the latest disclosure on the Nigerian Exchange.
The management informed the Nigerian Exchange that the Board of Directors of First HoldCo Plc will meet on Tuesday, July 28, 2026, to consider the Unaudited Financial Statements for the period ended June 30, 2026.
Consequently, the closed period shall commence on Wednesday, 1st July 2026 and will continue until twenty-four hours after the Company’s Unaudited Financial Statements for the period ending June 30, 2026, have been filed via the Issuers’ Portal of the Nigerian Exchange Limited.
Based on stock market rules, all Insiders and related persons to First Holdco have been informed not to trade in the Company’s shares during this period, the disclosure stated. #First Holdco Fires Up, Market Value Tops N3.6 Trillion #
First HoldCo Slips 8% Ahead of Board’s Earnings Review Meeting
