New Era For First Bank Of Nigeria: Shareholders Approve Name Change To First Holdco

First Bank of Nigeria (FBN) Holdings Plc has revealed that its shareholders have approved the company’s decision to change its name to First Holdco Plc. This approval was granted at the company’s 12th Annual General Meeting, which was held virtually…CONTINUE READING…

on Thursday, as confirmed by the company secretary, Adewale Arogundade, in a statement issued on Friday.

The name change will apply not only to the parent company but also to all its subsidiaries. In the statement, FBN Holdings outlined the key resolutions, which include changing the legal and brand names of the company from FBN Holdings Plc to First Holdco Plc and from FBNHoldings to FirstHoldco.

The company also authorized its directors to take all necessary actions to implement the changes, including adhering to any regulatory requirements. Additionally, upon completion of the name change, share capital increase, and the allotment of new shares, FBN Holdings will amend its Memorandum and Articles of Association to reflect the new name and issued share capital.