By Bamidele Famoofo
WorldStage– First HOLDCO Plc, a diversified financial services group in Nigeria has assured the investing public that a dividend will be paid for the financial year ended December 31, 2025.
The payment of dividend, however, is subject to the approval of the Central Bank of Nigeria (CBN).
The Board of Directors of the Group who met on Monday, March 9, 2026, approved the audited and separate financial statement approved the Group’s Audited and Separate Financial Statements (“the Results”) for the year ended December.
Also, announcement of the Results shall be made upon the Company’s receipt of CBN’s approval.
Consequently, the Closed Period declared by the Company from January 1, 2026, will continue till twenty-four (24) hours after the Audited Financial Statements for the year ended December 31, 2025 are filed via the Issuers’ Portal of NGX, in line with Rule 17.18 (a) Closed Period Rules, Rulebook of the Exchange, 2015 (As amended) (Issuers’ Rules).
First HoldCo Plc’s financial position remains robust as of 30 September 2025. The Group reported Total Assets of N26.40 trillion, a slight moderation from N26.52 trillion at the end of 2024. Total Liabilities saw a healthy reduction to N23.14 trillion from N23.73 trillion over the same period. This strategic deleveraging contributed to a significant strengthening of the equity base, with Total Equity growing by 16.5 per cent to N3.26 trillion, up from N2.80 trillion at year-end 2024, reflecting enhanced shareholder value and a fortified capital position following a successful rights issue.
