FirstHoldCo Plc has reached a major milestone on the Nigerian Exchange (NGX). The financial group has become Nigeria’s first banking stock to cross the N6 trillion market capitalisation mark.
The company achieved this feat during trading on Monday, August 3, 2026. Its share price rose to N136.50, pushing its market value to about N6.21 trillion. FirstHoldCo has about 45.48 billion shares in circulation, helping it maintain its position as the most valuable banking stock on the NGX.
The latest achievement adds to FirstHoldCo’s strong run in 2026. The company’s shares have been among the best performers on the Nigerian stock market. Investor interest increased after the group released impressive half-year financial results.Just a few days earlier, FirstHoldCo crossed the N5 trillion valuation mark for the first time. The milestone was reached on July 22, 2026, as more investors showed confidence in the company’s growth prospects.
The stock’s performance has remained impressive throughout the year. FirstHoldCo has gained 184.97 percent year-to-date. Since the end of June alone, the share price has jumped by 143.53 percent.
This rapid growth shows the strong demand for the company’s shares. It also reflects growing optimism around Nigeria’s banking sector and FirstHoldCo’s future outlook.
The N6 trillion valuation places FirstHoldCo among the biggest companies driving value on the Nigerian Exchange. The milestone further strengthens its influence in the country’s financial market.
For investors and market watchers, FirstHoldCo’s rise highlights how confidence, strong earnings, and market demand can reshape the ranking of Nigeria’s biggest listed companies.
