FirstHoldCo Joins FTSE Frontier 50 Index, Boosting Visibility

FirstHoldCo Plc, Nigeria’s leading financial services holding company, has been included in the FTSE Frontier 50 Index, effective 21 September 2026. This inclusion positions FirstHoldCo among five other Nigerian companies recognized as some of the most liquid and investable in frontier markets.

The FTSE Frontier 50 Index serves as a benchmark for frontier market equities, comprising companies that meet stringent criteria for market capitalization, liquidity, free float, governance, and investability. The Group’s improved liquidity profile and market position are attributed to strong financial results and strategic execution.

Femi Otedola, Group Chairman of FirstHoldCo Plc, stated that this milestone affirms the transformation the company is driving and the confidence investors have in its governance and business model. The inclusion is expected to enhance liquidity, institutional participation, and access to global capital, positioning FirstHoldCo as a significant player in the African financial services sector.