FirstBank Surpasses ₦500 Billion Capital Requirement, Paving the Way for Future Growth
In a significant development for Nigeria’s banking sector, FirstHoldCo Plc has announced that its flagship commercial banking subsidiary, First Bank of Nigeria (FirstBank), has successfully met the Central Bank of Nigeria’s (CBN) minimum capital requirement of ₦500 billion. This achievement comes after a series of strategic capital-raising initiatives, including a Rights Issue, a Private Placement,

