Firstholdco joins FTSE Frontier 50 Index, strengthening global investor access and market visibility

…It affirms the transformation we are driving – Femi Otedola

FirstHoldCo Plc, Nigeria’s leading financial services holding company, has been included in the FTSE Frontier 50 Index, effective 21 September 2026. Interestingly, this is bigger than the FTSE Russell Index. The inclusion of FirstHoldCo places it along with five other companies from Nigeria among the most liquid and investable companies across frontier markets, affirming its rising relevance to global institutional investors seeking quality exposure to Africa’s largest economy.

The FTSE Frontier 50 Index is a leading benchmark for frontier market equities, comprising companies that satisfy rigorous standards for market capitalisation, liquidity, free float, governance and investability. FirstHoldCo’s admission reflects the Group’s strengthened market position, improved liquidity profile and growing appeal to discerning domestic and international investors.

For the investing public, this is more than an index inclusion. It is independent global recognition of FirstHoldCo’s scale, governance discipline, market depth and long-term value potential.

The milestone follows a period of strong market performance and sustained investor interest, underpinned by improved financial results, focused execution of strategic priorities, enhanced governance standards and a clear commitment to long-term shareholder value creation.

Having met the Central Bank of Nigeria’s minimum capital requirement, FirstHoldCo remains deliberately focused on building a stronger capital base,…