President Muhammadu Buhari has congratulated Nigeria’s oldest bank; First Bank of Nigeria as it celebrates its 125th anniversary.
In a statement available to Today’s Echo, Buhari said:
‘On behalf of the Federal Executive Council (FEC), and of the people of Nigeria, I congratulate First Bank of Nigeria, the oldest bank in the country, on its 125th anniversary.’
“We celebrate the purposefulness and prudence that has become the hallmark of the bank, and salute the vision and dynamism of the management team. I urge the Bank to continue supporting the Nigerian economy, especially by providing financial lifelines for businesses, ” the president added.
Founded in 1894, First Bank of Nigeria, sometimes referred to as FirstBank, is a Nigerian multinational bank and financial services company headquartered in Lagos. It is the biggest bank in Nigeria by total deposits and gross earnings.
It operates a network of over 750 business locations across Africa, the United Kingdom and representative offices in Abu Dhabi, Beijing and Johannesburg set up to capture trade-related business between geographies. The bank specialises in retail banking and has the largest retail client base in Nigeria.
In 2015, The Asian Banker awarded FirstBank the Best Retail Bank in Nigeria award for the fifth consecutive year