Nigeria, Oct. 23 -- First HoldCo Plc logged a 65.1 per cent rise in net profit in the first nine months of 2026, relative to the same period of last year, according to its latest unaudited results issued on Friday, boosted by a general improvement across its income sources

The financial services group posted the strong results as gross earnings climbed to N2.9 trillion from N2.7 trillion a year ago, thanks to increased contribution of its commercial banking business to its revenue pool.

The commercial banking division accounted for 94 per cent of turnover and 87.4 per cent of post-tax profit.

Net interest income, the difference between the interest banks earn on interest-bearing assets and what they pay depositors and account holders, ...