In Audited, CBN-released Account, First HoldCo Posts Industry’s Highest Impairment at N826bn, 78% Profit Slump Bank releases unaudited Q1 2026 management account to douse concerns
Kayode Tokede
First HoldCo Plc has finally
released its delayed audited results and accounts for the full year ended December 31, 2025,
on the Nigerian Exchange Limited (NGX), with impairment charges soaring significantly by 93.8 per
cent to N826.3 billion, compared to the N426.29 billion declared in its 2024 financial year.
The financial institution also released its unaudited first quarter (Q1) 2026 management
accounts in an apparent move to ease tensions following weak Continued on page 5
CTC Reveals How Wike-Led Faction Lost Out in PDP Leadership Tussle...
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Saturday May 9, 2026 Vol 31. No 11353
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ADC in Dilemma as Court Adjourns Suit against Mark-led Leadership Sine Die
Party alleges Nafiu Gombe indulging in judicial manipulation Atiku, Amaechi, Hayatu-Deen pick presidential forms, promise economic revival, security Anambra chapter commits to Mark's leadership, litigations rock party in Jigawa Chuks Okocha, Alex Enumah in Abuja, David-Chyddy Eleke in Awka and Ibrahim Shuaibu
in Dutse The fate of the opposition
African Democratic Congress (ADC) appears to be hanging in the balance over the 2027
elections, as a Federal High Court (FHC) in Abuja yesterday, adjourned sine die the suit filed
by a chieftain of a faction of the party, Nafiu Bala Gombe, challenging the Senator David
Mark-led leadership. Continued on page 5
APC Boosts 2027 War Chest With Over N4.45bn from Sale of Forms as Opposition Fragments
Cracks emerge in party’s governors’ forum, Uzodinma fights back with backing of 18 members Story on page 5 Party begins screening of governorship, N’Assembly aspirants
18 OF 31 GOVERNORS STAND WITH UZODIMMA IN A SPLIT PGF… 20 HAD EARLIER REMOVED HIM ON THURSDAY
L-R (Front row): Governors of Kebbi State, Nasir Idris; Kaduna, Uba Sani; Imo, Hope Uzodimma; Yobe, Mai Mala Buni, Kano, Abba Yusuf; (L-R, second Row) Gombe, Inuwa Yahaya; Jigawa, Malam Umar Namadi; Ondo, Lucky Aiyedatiwa; Benue, Hyacinth Alia; Lagos, Babajide Sanwo-Olu, Borno, Babagana Zulum (L-R, third row), Ebonyi, Francis Nwifuru; Kogi, Usman Ododo; Edo, Monday Okpebholo, and others, addressing the media after a meeting of the Progressive Governors’ Forum to declare support for Uzodinma’s leadership in Abuja… yesterday