First Bank of Nigeria Holdings PLC has officially changed its name to First HoldCo Plc and FirstHoldCo.
The decision, which was approved at the company’s 12th Annual General Meeting in November 2024, was formally announced on February 11, 2025. The company confirmed that the rebranding will extend across all its subsidiaries.
According to First HoldCo, this move aims to create a unified corporate identity, strengthen its position in the financial market, and uphold its long-standing legacy in the sector. Management described the transition as a new chapter in the company’s journey, aligning its operations with evolving industry trends.
With this transformation, First HoldCo Plc plans to enhance efficiency and improve financial services for businesses and individuals both in Nigeria and internationally.
The company also noted that the name change will take full effect once all necessary regulatory approvals have been secured.
Speaking on the development, Group Managing Director, First HoldCo Plc, Wale Oyedeji, stated:
“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.”
