First HoldCo Plc, the parent company of First Bank of Nigeria Limited and chaired by billionaire businessman Femi Otedola, has reported a solid financial performance for the first nine months of its 2025 fiscal year. The groups gross earnings rose to more than 1.7 billion.
Bank gross earnings jump, profit slides slightly
According to figures in its recently released financial statement , gross earnings climbed from N1.84 trillion 1.27 billion in the same period of 2024 to N2.55 trillion 1.76 billion this year. The growth was supported by a strong rise in both interest and non-interest income, underscoring the banks ability to stay profitable despite a tougher operating environment.