HomeBusinessFirstHoldCo hits historic N6tn market capitalisation milestone

FirstHoldCo hits historic N6tn market capitalisation milestone

FirstHoldCo Plc has become the first Nigerian banking group to cross the N6tn market capitalisation mark, setting a historic record for the nation’s financial sector as strong investor demand continues to fuel a sustained rally in its shares.

The financial services holding company reached the landmark during Monday’s trading session on the Nigerian Exchange Limited after its share price rose to N136.50. Based on its 45.48 billion total outstanding shares, the price appreciation pushed the group’s total market value to approximately N6.21tn.

The achievement comes less than two weeks after the financial services group first crossed the N5tn market capitalisation threshold. Sustained buying pressure on the local bourse saw investors add more than N1tn to the company’s equity value in under a fortnight.

Since the start of 2026, FirstHoldCo’s stock has surged by 184.97 per cent, with a 143.53 per cent gain recorded since the end of June alone. The

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