FirstHoldCo seeks shareholders’ approval on N1trn capital base in bold balance sheet fortification

May 11, 2026 - 07:00
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FirstHoldCo seeks shareholders’ approval on N1trn capital base in bold balance sheet fortification

FirstHoldCo Plc, the parent entity of Nigeria’s oldest commercial lender (First Bank), is moving to double the regulatory capital ceiling for international banks, signaling a new phase of aggressive expansion and balance sheet fortification. In a notice for its 14th Annual General Meeting (AGM) scheduled for May 29, 2026, the group proposed a special resolution […]

The post FirstHoldCo seeks shareholders’ approval on N1trn capital base in bold balance sheet fortification appeared first on Tribune Online.

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