Home > Quick > Body

First HoldCo Sees Profit Jump After Capital Injection

clock
2026-07-23 08:03:34
First HoldCo Plc, Nigeria’s biggest lender by market value, forecast profit will jump this year after a capital injection strengthened its balance sheet, cut costs and boosted loan recoveries, according to Bloomberg.

The bank said the recapitalization improved its financial position and supported the outlook for higher earnings.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.