FirstHoldCo delivers massive ₦653.5bn profit before tax in H1 2026
Following one of the most comprehensive and transparent balance sheet clean-ups in the Nigerian financial services industry, which addressed legacy asset quality concerns and strengthened the Group’s capital position, FirstHoldCo is now beginning to reap the rewards of a stronger, healthier and more resilient institution.” With restored capital, strong liquidity, improving asset quality and a diversified earnings platform, FirstHoldCo enters the second half of 2026 from a position of strength.
As part of its growth strategy and robust risk oversight, the Group remains focused on reducing non-performing loans, accelerating recoveries, strengthening portfolio quality and originating high-quality assets capable of generating sustainable long-term returns.
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