🟢 FIRST HOLDCO is trading 8% up today as investors reposition following Otedola’s strategic stake acquisition

FIRST HOLDCO is trading 8% up today at NGN 129.55 as buying interest returns following billionaire Femi Otedola’s acquisition of a major strategic stake.

• The stock is rebounding from a prior pullback triggered by profit-taking after Otedola acquired approximately 1.779 billion shares via Calvados Global Services.
• The acquisition price of NGN 124.90 appears to be a key psychological level as investors reposition around the new ownership structure.
• Current market momentum suggests renewed confidence in the company's outlook following this significant investment.