The after-tax profit of First Holdco, the parent company of Nigeria’s oldest bank, First Bank, rose to the highest in at least 12 years in the fiscal year 2024, according to its latest financial statement.
The group’s after-tax profit rose by 115.1 percent to N663.4 billion from N308.4 billio
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Chinwe Michael
Chinwe Michael is a financial inclusion advocate and economy journalist who uses compelling storytelling to drive awareness. With a background in Banking and Finance and experience across accounting, media, and education, she applies sharp analysis and attention to detail to every piece. She simplifies complex financial and economy concepts into engaging content for Africa and global audience. Chinwe also doubles as a speaker with global recognition for her expertise.
