First Holdco weak performance raises concern in banking industry over impairment, dividends

First HoldCo Plc is facing renewed scrutiny from investors and shareholders after its share price declined by 8.4 per cent in January 2026, reflecting growing concerns over weak profitability, rising impairment charges and uncertainty around dividend prospects. The Group’s stock fell from N48.80 on January 2, 2026, to N45.00 per share by January 30, 2026.

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