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FirstHoldCo E-Banking Revenue Surges

FirstHoldCo Posts ₦744.5 Billion Nine-Month Profit as E-Banking Fees Hit ₦73.2 Billion

Unverified — auto-generated summary, not yet reviewedFintech & PaymentsNigeriaOct 24, 2026

Nigeria's First HoldCo has reported a ₦744.5 billion profit for the first nine months of 2026, with electronic banking fees reaching ₦73.2 billion, according to its results. The e-banking fee figure is being cited as a concrete signal of the accelerating scale of digital banking revenue in Nigeria's financial sector. Separately, the group's pre-tax profit rose 60.84 percent to ₦911.24 billion over the same period, reflecting the high-interest-rate environment benefiting Nigerian bank holding companies.

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