First HoldCo market value tops N6 trillion as shares hit N136.65 high
First HoldCo Plc’s share price hit a new high, briefly lifting its market capitalisation to N6.23 trillion before ending the session at N6.09 trillion. The company has 44.45 billion outstanding shares. Major shareholder Femi Otedola, through Calvados Global Services Limited, bought 1.77 billion shares for N222.20 billion on July 30, marking the second such purchase in the month. The transaction took place on the Nigerian Exchange (NGX), highlighting a shift in ownership within a domestic financial institution.