First Bank of Nigeria Announces Change of Name

First Bank of Nigeria (FBN) Holdings Plc has announced a major shift in its corporate identity with the approval of a change of name. This move was confirmed at the company’s 12th Annual General Meeting (AGM) held virtually on Thursday, November 14, 2024.

The approval marks a significant milestone for the company, as it transitions to a new legal and brand name. The resolution, which was passed during the meeting, applies not only to the parent company but also to its subsidiaries. The rebranding effort is set to extend across the entire organization, with the new name to be reflected in both the company’s legal and public identities.

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In a statement issued following the AGM, Adewale Arogundade, the company’s Secretary, confirmed that the approved name change would be implemented swiftly, ensuring consistency across all FBN Holdings’ entities. The board of directors has been authorized to take all necessary actions to carry out the change and meet all regulatory requirements.

This move is expected to enhance the company’s market presence and align its brand with future strategic goals. First Bank of Nigeria’s rebranding reflects its commitment to innovation and growth in the competitive financial sector.