Otedola explains rationale behind N748bn legacy loan clean-up at First HoldCo
[Hallmark - Nigeria] - 31/01/2026
The Group Chairman of First Bank Holdings (First HoldCo), Femi Otedola, has shed light on the company’s decision to write off N748 billion in legacy non-performing loans, describing the move as a necessary reset to secure the institution’s long-term health, even though it significantly depressed (…)
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