First Holdco Earnings Collapse As CBN Forbearance Exit Triggers Heavy Impairments

First Holdco Plc recorded a sharp earnings contraction in its 2025 financial year as profit after tax plunged by more than 93 percent, reflecting the impact of deteriorating asset quality and elevated loan impairment charges following the withdrawal of regulatory forbearance by the Central Bank of Nigeria (CBN). According to the group’s unaudited financial results, … Continue reading First Holdco Earnings Collapse As CBN Forbearance Exit Triggers Heavy Impairments