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First HoldCo Overtakes Zenith and GTCO as Nigeria's Most Capitalised Bank Stock

Unverified — auto-generated summary, not yet reviewedFintech & PaymentsNigeriaJul 21, 2026

First HoldCo has surpassed Zenith Bank and GTCO to become Nigeria's most capitalised banking stock by market value, with Patrice Motsepe increasing his ownership stake to 20.4 percent amid an H1 earnings-driven rally. The shift reshapes the competitive context for fintech operators benchmarking against Nigeria's leading banks.

2 sources

First HoldCo overtakes Zenith, GTCO as Nigeria’s most capitalized banking stock · nairametrics.com · T2
Otedola increases First HoldCo ownership to 20.4% as H1 earnings fuel stock rally · nairametrics.com · T2