FirstHoldco Projects Weak Earnings, Eyes Private Share Sale

First Holdco Plc is facing a challenging earnings outlook for 2025, with analysts warning that rising credit impairment charges from unwinding forbearance exposures could weigh heavily on profits. CardinalStone Securities Limited, in its latest equity note, projected that the group’s net profit will fall by 18.6% year-on-year to N540.2 billion, even as gross earnings grow … Continue reading FirstHoldco Projects Weak Earnings, Eyes Private Share Sale