Tag: Nigerian banking sector

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Nigeria's decision to launch a targeted joint security operation with the United States is being interpreted in both financial and diplomatic circles as a powerful statement beyond military action. The operation, conducted on Christmas Day in Sokoto, underscores the nation’s broader strategy of aligning security with economic reform and global cooperation to stimulate growth and …

Wale Edun

First Holdco Plc, the parent company of First Bank of Nigeria and other financial brands, has reported its financial performance for the nine months ended September 2025. Despite a significant 71.70% rise in net interest income, the company faced a 12.96% decline in profit after tax (PAT). In this period, gross earnings increased by 17.07% …

Bad Loans Slash First HoldCo Profit by Over 93%

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