In a statement released over the weekend, Adewale Arogundade, the company’s Secretary, confirmed that the resolution extends to all FBN Holdings‘ subsidiaries.
The approved changes include shifting the company’s legal name from FBN Holdings Plc to First Holdco Plc and its brand name to FirstHoldco.
The new name of First Bank of Nigeria is First Holdco Plc. The name change was approved by shareholders at the 12th Annual General Meeting (AGM) on November 14, 2024.
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- The name change applies to the company’s legal name and brand name.
- The change also applies to all of First Bank of Nigeria’s subsidiaries.
- The name change is a milestone in the company’s evolution.
- The name change reflects the company’s commitment to providing excellence and value to its customers.
First Bank of Nigeria has changed its name several times over the years, including:
- Bank of British West Africa: The original name of the bank in 1957
- Bank of West Africa: The name changed in 1957
- Standard Bank of Nigeria Limited: The name changed in 1969
- First Bank of Nigeria Limited: The name changed in 2012
- First Holdco Plc: The new name approved in 2024
