FirstHoldCo Achieves ₦2.64 Trillion Earnings in 9 Months, Demonstrates Strong Growth Momentum
FirstHoldCo, a Nigerian company, sustained a robust growth trajectory in 2025, recording a 17.1% year-on-year increase in gross earnings to ₦2.64 trillion in the nine months ending September 30. The company's interest income surged by 40.4% to ₦2.29 trillion, reflecting improved asset yield and expanded loan book.
Adebowale Wale Oyedeji, the Group Managing Director, commended the company's resilient operations and strategic focus on financial management. FirstHoldCo also demonstrated prudent financial management by increasing its impairment provision to strengthen asset quality.
The company's profit before tax stood at ₦566.5 billion, with a solid balance sheet and improved credit quality.
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