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FirstHoldCo targets ₦1tn capital base in aggressive balance…
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FirstHoldCo targets ₦1tn capital base in aggressive balance sheet push
FirstHoldCo aims to achieve a ₦1 trillion capital base as part of its aggressive balance sheet strategy. Under the leadership of Mr. Otedola, the company is enhancing corporate governance by tightening internal standards and appointing new boards for its non-banking subsidiaries.
BF
The Briefing Africa
May 8, 2026 · 17:36 · 5 min read
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FirstHoldCo aims to achieve a ₦1 trillion capital base as part of its aggressive balance sheet strategy. Under the leadership of Mr. Otedola, the company is enhancing corporate governance by tightening internal standards and appointing new boards for its non-banking subsidiaries.
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The strategic move by FirstHoldCo reflects a commitment to strengthening its financial position and governance framework, which could enhance investor confidence and operational efficiency.