FirstHoldCo closes N45b private placement at N44.06; further strengthening FirstBank’s capital base

Guardian | 18-06-2026 04:55pm |

FirstHoldCo Plc has successfully completed a private placement, raising N45 billion at a price of N44.06 per share. This initiative is aimed at enhancing the capital base of FirstBank, a subsidiary of the Group. The announcement was made to the Nigerian Exchange Limited (NGX) and shareholders, highlighting the Group's commitment to strengthening its financial position. The funds raised will be utilized to support the bank's growth and operational strategies.

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