First HoldCo shares jump 9.91% to record N120.90 after Otedola-linked entity buys 706,131,179 shares

First HoldCo shares hit a record after disclosure of a large insider purchase by an entity linked to Chairman Otedola, reinforcing investor confidence in governance alignment and capital support amid Nigerian banking recapitalisation. The transaction appears to have accelerated demand and liquidity in the name and, by extension, could lift sentiment across the local banking index in the near term.