🟢 FIRST HOLDCO is trading 3.86% up today after Chairman Femi Otedola’s NGN 18.11 billion purchase

FIRST HOLDCO is trading at NGN 145.40, up +3.86%, after Chairman Femi Otedola purchased NGN 18.11 billion of additional shares.

• His stake increased to approximately 26.1%.
• Investor optimism also surrounds the approved NGN 1.4 trillion equity offering to meet banking-capital requirements; strong H1 earnings remain supportive.
• Sustained demand and recent record highs accompanied approximately 25 million shares traded in the latest reported session.