N748bn Bad Loan Cleanup Has Positioned First HoldCo For Recapitalisation—Otedola
[The Whistler - Nigeria] - 31/01/2026
The Group Chairman of First Bank Holdings Plc (First HoldCo), Mr Femi Otedola, has defended the company’s decision to take a one-off charge of N748bn to fully recognise legacy non-performing loans, describing the move as a strategic step that strengthens the group’s balance sheet and positions (…)
... Article published by "The Whistler" (Nigeria), read more
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