First Bank of Nigeria Holdings PLC has changed its name to First HoldCo Plc and FirstHoldCo

First Bank of Nigeria Holdings PLC has changed its name to First HoldCo Plc and FirstHoldCo. 

The decision was 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 apply to all its subsidiaries.

NewsReport gathered that the move is intended to create a unified identity, strengthen its market position, and reinforce its heritage in the financial sector.

According to management, this transition represents a new phase in the company’s journey, aligning its vision with changing 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 it receives the necessary regulatory approvals.

Speaking on this milestone development, Group Managing Director of First HoldCo Plc, Wale Oyedeji, said:

“This transition to First HoldCo Plc is a defining moment in our history as we chart a 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 regions, creating a strong brand that reflects our leadership position in Africa and supports our global presence.

“For our stakeholders, this transformation signals a renewed focus on excellence and innovation. It ensures we remain committed to delivering long-term value while strengthening the trust that has defined our relationships for over a century. As FirstHoldCo, we are better positioned to meet market demands, support our partners, and deliver on our promises in an interconnected financial ecosystem.”