FirstHoldco has reached a market capitalization of N6 trillion, marking a historic first for any bank in Nigeria.
The milestone reflects a significant revaluation of the financial services group by Lagos investors, cementing its position as the most valuable banking entity in the country.
2 trillion for 2026, a figure that underpins the current valuation.
The surge follows a period of strong momentum for the stock, which had previously broken through the N5 trillion threshold in recent trading sessions.
This rapid appreciation highlights the market's positive reception of the group's strategic direction and financial performance.
FirstHoldco has projected full-year profits of N1.2 trillion for 2026, a figure that underpins the current valuation.
The company's ability to deliver on these earnings expectations will be critical in sustaining investor interest and maintaining the elevated market cap.