First HoldCo Shareholders approve N253bn Capital Raise to hit N1tn Capital Base

Pmnewsnigeria | 30-05-2026 03:18am |

Shareholders of First HoldCo Plc have granted approval for the company to raise up to N253.099 billion. This capital increase is part of the financial services group's strategy to bolster its capital base, aiming to reach a total of N1 trillion. The move is intended to enhance the institution's competitive standing within Nigeria's banking sector, positioning it among the leading financial entities in the country.

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