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Banking featured

FirstHoldCo crosses ₦6trn market capitalisation in historic first

FirstHoldCo Plc has crossed the N6 trillion market capitalisation mark during the ongoing trading session today, August 3, 2026, becoming the first Nigerian banking group to reach the milestone. At a share price of N136.50 and with approximately 45.48 billion shares outstanding, the group’s market value reached about N6.21 trillion, cementing its position as Nigeria’s […]

Opinion

Rewane forecasts Dangote Refinery listing to double stock market capitalisation

Bismarck Rewane, chief executive officer of Financial Derivatives Company, has projected that the anticipated listing of the Dangote Refinery on the Nigerian Exchange in 2026 could more than double Nigeria’s stock market capitalisation to above N200 trillion, while warning that the naira may weaken to about N1,590 per dollar by the end of 2026. Rewane […]