First Bank of Nigeria has received shareholder approval for a significant name change aimed at creating a uniform identity. The bank will now be known as First Holdco Plc. This decision was ratified during the 12th Annual General Meeting (AGM), which was held virtually on Thursday, November 14, 2024.
In addition to the name change, shareholders have also finalized plans to raise N350 billion in investments.
As one of the oldest banks in the region, First Bank has established a strong presence with branches across several African and European countries. The transition to First Holdco Plc marks a new chapter in its long history, reflecting its commitment to innovation and growth in the financial sector.
