First HoldCo Plc

NGSE:FIRSTHOLDCO Stock Report

Market Cap: ₦1.3t

First HoldCo Management

Management criteria checks 1/4

First HoldCo's CEO is Wale Oyedeji, appointed in Nov 2024, has a tenure of less than a year. directly owns 0% of the company’s shares, worth NGN1.04M. The average tenure of the management team and the board of directors is 0.9 years and 3.3 years respectively.

Key information

Wale Oyedeji

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownership0.00008%
Management average tenureless than a year
Board average tenure3.3yrs

Recent management updates

Recent updates

CEO

Wale Oyedeji

less than a year
Tenure

Mr. Adebowale Adedapo Oyedeji, also known as Wale, is Non-Executive Director of First Bank of Nigeria Limited from December 10, 2024. Mr. Oyedeji is Group Managing Director and Director of First HoldCo Plc...

Leadership Team

NamePositionTenureCompensationOwnership
Adebowale Oyedeji
Group MD & Directorless than a yearno data0.000080%
NGN 1.0m
Tolulope Oluwole
Head of Investor Relationsno datano datano data
Oladipupo Dirisu
Head of Risk Management & Compliance1.8yrsno datano data
Kehinde Lawanson
Head of Marketing & Corporate Communications5.8yrsno datano data
Opeyemi Okojie
Head of Strategy & Corporate Developmentno datano datano data
Oyinade Kuku
Head of Human Resourcesno datano datano data
Bode Oguntoke
Head of Internal Auditno datano datano data
Olumide Ibidapo
MD & CEO of FBN Insurance Brokersno datano datano data
Adewale Lateef Arogundade
Company Secretary3.6yrsno datano data
Fiona Ahimie
MD & CEO of First Securities Brokerless than a yearno datano data
Ukandu Ukandu
MD & CEO of Firstcapless than a yearno datano data
Babajide Fetuga
Acting MD & CEO of First Trusteesless than a yearno datano data
0.9yrs
Average Tenure

Experienced Management: FIRSTHOLDCO's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Adebowale Oyedeji
Group MD & Directorless than a yearno data0.000080%
NGN 1.0m
Peter Aliogo
Independent Non-Executive Director4.5yrsno datano data
Ebenezer Olufowose
Chairman of First Bank Group1.8yrsno datano data
Ibukun Awosika
Chairman of First Bank9.8yrsno datano data
Julius Omodayo-Owotuga
Non-Executive Director3.8yrsno datano data
Olaitan Martins
Chairperson of FBN Insurance Brokers1.6yrsno datano data
Idris Shittu
Chairman of First Trusteesless than a yearno datano data
Muhammed Abdul-Razaq
Independent Non-Executive Director4.5yrsno datano data
Kofo Dosekun
Independent Non-Executive Director4.5yrsno datano data
Abiodun Fatade
Non-Executive Director4.5yrsno datano data
Olufemi Otedola
Chairman2.8yrsno datano data
Yewande Amusan
Chairperson of FirstCapless than a yearno datano data
3.3yrs
Average Tenure

Experienced Board: FIRSTHOLDCO's board of directors are considered experienced (3.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/09 11:40
End of Day Share Price 2025/10/09 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

First HoldCo Plc is covered by 14 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullARM Research
Jaap MeijerArqaam Capital Research Offshore S.A.L.
Yori OlutimayinBGL Research