First Bank of Nigeria PLC (NGX: FIRSTBA) – Resilience Amid Governance Shadows

Herald | 24-03-2025 06:33pm |

Investment Summary First Bank of Nigeria PLC (NGX: FIRSTBA), a cornerstone of Nigeria’s financial sector, has navigated a turbulent yet ultimately positive year, with its stock climbing an estimated 60%-80% from N18-N20 in March 2024 to N30-N32 by March 24, 2025, despite intermittent volatility. The bank’s robust fundamentals—highlighted by a 325.2% profit-before-tax (PBT) surge to [...]

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