Nigerian billionaire Femi Otedola’s First HoldCo posts $684 million nine-month pre-tax profit
Billionaires Africa | 23.10.2026 19:12
First HoldCo Plc, the parent of Nigeria's oldest lender FirstBank, increased its pre-tax profit by 61% in the first nine months of 2026, helped by strong growth in fee income, gains on trading and currency positions and lower charges for bad loans. The group is chaired and controlled by Nigerian billionaire Femi Otedola.
