As half of a growth within the NGX, FBN Holdings, the father or mother group of First Financial institution Restricted has as soon as once more crossed the N1 trillion market capitalization degree.
The inventory gained 10% to shut at N28.60 on January 9, 2024, thus taking its market capitalization to N1.026 trillion.
This comes at some point after the United Bank for Africa (UBA) also crossed the N1 trillion market cap.
This isn’t the primary time First Financial institution is crossing the N1 trillion market cap, because it crossed the mark on December 6, 2023. The development by First Financial institution means there are actually 10 corporations with a market capitalization exceeding N1 trillion within the Nigerian Change (NGX).
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