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FirstHoldCo Takes Bull by Horn with Record Impairment Charges, Gross Earnings Hit N3.4 Trillion in 2025 Unaudited Period

January 31, 2026/FirstBank of Nigeria First HoldCo Plc has announced its unaudited financial results for the year ended 31 December 2025, reflecting a year of deliberate strategic actions aimed at strengthening its balance sheet, improving asset quality, and positioning the business for more resilient and sustainable growth amidst successful capital […]

If Capital is the Answer, What Exactly is the Problem with First Holdco?

January 31, 2026 By Blaise Udunze The Olayemi Cardoso-led Central Bank of Nigeria’s 24-month compliance timeline for the recapitalization of Nigeria’s banking system is about to conclude on March 31, 2026, which is framed as an unavoidable solution to systemic fragility, weak balance sheets, and the demands of a larger, […]

The Okomu Oil Palm Plc Q4-25: Revenue Decline Weighs on Earnings

January 30, 2026/Cordros Report Okomu Oil Palm Plc (OKOMUOIL) published its Q4-25 unaudited financials today, reporting a 72.2% decline in standalone EPS to NGN3.36 (Q4-24: NGN12.06), bringing 2025FY EPS to NGN66.60 (2024FY: NGN41.89). The steep drop in earnings was driven by a decline in revenue (-7.3% y/y) and a significant […]