FIRST HOLDCO is trading 5.2% down at NGN 65.60 as investors reassess strong Q1 2026 earnings against unresolved 2025 audited results and ongoing capital-raising plans.
- Market sentiment is being pressured by concerns over late earnings filings and portfolio adjustments ahead of new financial results.
- The current decline appears to be driven by profit-taking following a sharp rally earlier in July, with investors now looking for fresh growth catalysts.