First Bank of Nigeria Holdings PLC has changed its name to to First HoldCo Plc and FirstHoldCo, respectively.
The decision, approved at the company’s 12th Annual General Meeting in November 2024, was officially announced on February 11, 2025.
The company stated that the rebranding would be applied across all its subsidiaries.
The move is intended to create a unified identity, strengthen its market position, and reinforce its long-standing heritage in the financial sector.
According to the management, this transition represents a new phase in the company’s journey, aligning its vision with evolving industry trends.
First HoldCo PLC aims to enhance operational efficiency and improve its services for businesses and individuals in Nigeria and beyond.
The company also confirmed that the name change will take full effect once the necessary regulatory approvals are obtained.
Speaking on the milestone development, Group Managing Director, First Holdco Plc, Wale Oyedeji, said:
“This transition to First Holdco Plc is a defining moment in our history as we chart a bold course for the future. The rebranding represents more than a name change; it is a renewal of our purpose, vision, and commitment to delivering world-class financial solutions to our stakeholders.
“It allows us to unify our identity across subsidiaries and geographies, creating a strong, cohesive brand that reflects our leadership position in Africa and sustains our global presence.
“For our stakeholders, this transformation signals a renewed focus on excellence and innovation. It ensures that we remain steadfast in delivering long-term value while strengthening the trust and confidence that has defined our relationships for over a century. As FirstHoldCo, we are better positioned to meet evolving market demands, support our partners, and deliver on our promises in an increasingly interconnected financial ecosystem.”
