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    MarketForces Africa » Analysis » First Holdco Climbs by 4.5% on Significant Trade Volume

    First Holdco Climbs by 4.5% on Significant Trade Volume

    Julius AlagbeBy Julius AlagbeOctober 22, 2025Updated:October 22, 2025 News No Comments2 Mins Read
    First Holdco Climbs by 4.5% on Significant Trade Volume
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    First Holdco Climbs by 4.5% on Significant Trade Volume

    First Holdco Plc’s market value increased by about 4.5% as the Nigerian Exchange (NGX) recorded significant market activities on the financial services company shares on Tuesday.

    The Holdco share price climbed amidst historical fluctuation that keeps its movement restricted. First Holdco is expected to release its Q3 earnings in coming weeks, and the market anticipates the scorecard to trigger investors’ action.

    According to its trading data from the Nigerian market, First Holdco share price climbed to N33.95, up by 4.46% from its previous close over a huge trading volume executed by investors.

    Trading data from the Nigerian Exchange showed more than 13.742 million units of First Holdco valued at N465.122 million were transacted on Tuesday. Hence, the market value of First Holdco Plc’s 41.877 billion shares outstanding surged by 4.46% to N1.421 trillion.

    In a disclosure, First Holdco told the Nigerian Exchange that its Board of Directors will be meeting to consider the Unaudited Accounts for the period ending September 30, 2025, on Thursday, October 30, 2025.

    It also said the closed period, which commenced in Oct will continue until twenty-four hours after the Company’s Unaudited Accounts for the period ending September 30, 2025, has been filed

    Accordingly, no insider of the company and their connected persons may directly or indirectly deal in the securities of the company in any manner during the closed period, First Holdco said. BUA Foods Hits N12.465trn, Highest in Nigerian Market

    FIRSTHOLDCO
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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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