What Does First Bank of Nigeria Ltd. Do?

Total employees14191
HeadquartersLagos
Founded1894

First Bank of Nigeria Limited (FirstBank) is Nigeria's foremost and most valuable banking brand. With over 130 years of continuous banking operations, it stands as one of the longest-established financial institutions in Sub-Saharan Africa. FirstBank offers a wide array of retail and corporate financial services to a customer base exceeding 42 million accounts. It operates an extensive network of over 700 business locations across Africa (including subsidiaries in the DRC, Gambia, Ghana, Guinea, Sierra Leone, and Senegal), the United Kingdom, and maintains representative offices in Abu Dhabi (UAE), Beijing (China), and Paris (France). The bank is deeply committed to fostering economic growth and development, leveraging innovation, digital transformation, and a customer-centric philosophy to serve its diverse clientele.

Where Is First Bank of Nigeria Ltd.'s Headquarters?

HQ Function

The headquarters serves as the primary center for strategic leadership, corporate governance, policy formulation, and overall administration of FirstBank's extensive national and international banking operations.

Notable Features:

Samuel Asabia House is a landmark building located in the historically significant Marina business district of Lagos, known for its prominent architecture and as a symbol of the bank's enduring presence.

Work Culture:

The headquarters cultivates a professional, high-performance, and collaborative work environment. It emphasizes integrity, innovation, customer focus, and continuous learning, aligning with its status as a leading financial services provider.

HQ Significance:

Strategically situated in Nigeria's economic capital, the headquarters underscores FirstBank's pivotal role in the nation's financial system and its long-standing commitment to Nigeria's development.

Values Reflected in HQ: The headquarters' stature, strategic location, and operational efficiency reflect FirstBank's core values of entrepreneurship, professionalism, integrity, and customer-centricity (EPIC).

Location:

First Bank of Nigeria Ltd maintains a significant global presence through its subsidiaries in the Democratic Republic of Congo, Gambia, Ghana, Guinea, Sierra Leone, and Senegal, as well as FBN Bank (UK) Limited in London. It also operates representative offices in Paris, Beijing, and Abu Dhabi. This international network enables the bank to provide comprehensive cross-border banking services, including trade finance, correspondent banking, payments, treasury services, and support for diaspora customers. Its global functions are geared towards facilitating international trade, investment, and financial connectivity between Africa and key global economic centers.

Street Address:

Samuel Asabia House, 35 Marina, Lagos Island

City:

Lagos

State/Province:

Lagos State

Country:

Nigeria

Where Else Does First Bank of Nigeria Ltd. Operate Around the World?

London, United Kingdom

Address: FBN Bank (UK) Limited, 28 Finsbury Circus, London, EC2M 7DT, UK

Serves as the bank's primary European hub, facilitating international trade and investment flows.

Paris, France

Address: FirstBank Representative Office, 106 Rue de Richelieu, 75002 Paris, France

Strengthens the bank's presence in continental Europe and supports Franco-African business corridors.

Beijing, China

Address: FirstBank Representative Office, Unit 818, South Tower, Beijing Kerry Centre, 1 Guanghua Road, Chaoyang District, Beijing 100020, China

Supports Sino-African trade relations and provides a liaison point for clients operating in Asia.

Accra, Ghana

Address: FBNBank Ghana Ltd Head Office, No. 2, 1st Circular Road, Cantonments City, Accra, Ghana

Drives the bank's growth strategy in the West African sub-region, contributing to Ghana's economic development.

Various Cities, Nigeria

Address: Over 700 branches and agent banking locations nationwide

Ensures deep market penetration, promotes financial inclusion, and supports local economies throughout Nigeria.

Buying Intent Signals for First Bank of Nigeria Ltd.

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading First Bank of Nigeria Ltd.? Meet the Executive Team

As of April 2025, First Bank of Nigeria Ltd.' leadership includes:

Olukorede Yewande Mimiko - Acting Managing Director/Chief Executive Officer
Mr. Ini Ebong - Executive Director, Treasury and International Banking
Mr. Patrick Iyamabo - Executive Director, Finance & Accounts
Mr. Abdullahi Ibrahim - Executive Director, Public Sector
Mr. Olusemo O. Adebayo - Executive Director, Corporate Banking
Mr. Tunde Owolabi - Executive Director, Retail Banking (Lagos & West)
Ms. Bashirat Odunewu - Executive Director, Risk Management & Chief Risk Officer (Appointed May 2024)

Who's Investing in First Bank of Nigeria Ltd.?

First Bank of Nigeria Ltd. has been backed by several prominent investors over the years, including:

First Bank of Nigeria Ltd is a principal subsidiary of FBN Holdings Plc.
FBN Holdings Plc is a publicly traded financial holding company listed on the Nigerian Exchange Group (NGX) under the ticker FBNH.
Shareholders of FBN Holdings Plc include a diverse mix of institutional investors (such as pension funds, asset managers, and insurance companies), significant individual investors (like Mr. Femi Otedola), and numerous retail investors.

What Leadership Changes Has First Bank of Nigeria Ltd. Seen Recently?

Hire3
Exits1

First Bank of Nigeria Ltd and its parent, FBN Holdings Plc, have undergone notable executive leadership changes in the past 12 months, particularly in Q1 and Q2 2024. These include the departure of the long-serving MD/CEO of FirstBank, interim appointments, and the subsequent appointment of a new Acting MD/CEO for FirstBank and key executive roles.

Departures

Dr. Adesola Adeduntan, Dr. Adesola Adeduntan concluded his tenure as MD/CEO of First Bank of Nigeria Ltd.

New Appointments:

Olusegun Alebiosu, Appointed as Acting MD/CEO of First Bank of Nigeria Ltd, previously Executive Director, Risk Management. (Subsequently moved to FBN Holdings in May 2024).
Olukorede Yewande Mimiko, Appointed as Acting MD/CEO of First Bank of Nigeria Ltd, previously Deputy Managing Director.
Ms. Bashirat Odunewu, Ms. Bashirat Odunewu was appointed as the substantive Executive Director and Chief Risk Officer for First Bank of Nigeria Ltd, filling the role previously held by Olusegun Alebiosu.

What Technology (Tech Stack) Is Used byFirst Bank of Nigeria Ltd.?

Discover the tools First Bank of Nigeria Ltd. uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

First Bank of Nigeria Ltd. Email Formats and Examples

First Bank of Nigeria Ltd primarily uses a consistent corporate email format for its employees. The most common structures involve combinations of the employee's first name and last name, or first initial and last name, followed by the '@firstbanknigeria.com' domain. These formats facilitate professional communication both internally and externally.

Common formats include: [first_name].[last_name]@firstbanknigeria.com or [first_initial][last_name]@firstbanknigeria.com

Format

jane.doe@firstbanknigeria.com or jdoe@firstbanknigeria.com

Example

90%

Success rate

What's the Latest News About First Bank of Nigeria Ltd.?

The Nation NewspaperMay 17, 2024

FirstBank wins Best Private Bank in Nigeria award

FirstBank of Nigeria Limited has been awarded the Best Private Bank in Nigeria 2024 by Global Finance. This recognition highlights the bank's strong performance in private banking services, wealth management, and customer satisfaction....more

Premium Times NigeriaMay 9, 2024

FBN Holdings Appoints Olukorede Mimiko Acting MD For FirstBank

FBN Holdings Plc, the parent company of First Bank of Nigeria Ltd, announced the appointment of Olukorede Mimiko as the acting Managing Director/Chief Executive Officer of FirstBank. This followed the appointment of Olusegun Alebiosu, who previously held the acting MD role at FirstBank, as the acting Group Managing Director of FBN Holdings....more

NairametricsApril 23, 2024

First Bank launches FastTrack ATM for quick cash withdrawal, cardless transactions

First Bank of Nigeria Limited has introduced a new generation of Automated Teller Machines (ATMs) called FastTrack ATM, designed to facilitate quicker cash withdrawals and cardless transactions, thereby enhancing customer convenience and banking efficiency....more

ThisDay LiveFebruary 29, 2024

FirstBank Partners Parallex Bank to Boost Remittance Inflow

FirstBank of Nigeria Limited announced a strategic partnership with Parallex Bank to enhance remittance inflows into Nigeria. This collaboration aims to provide customers with more convenient and efficient channels for receiving international money transfers....more

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