First Bank of Nigeria (FBN) Holdings Plc has received permission to change the company’s name to First Holdco Plc.
The company’s shareholders approved the name change at the 12th Annual General Meeting (AGM) on Thursday, November 14, 2024.
The Daily Crucible learnt that the meeting was held virtually.
And in a statement by Adewale Arogundade, the company’s Secretary, confirming the name change, he stated that the resolution extends to all FBN Holdings’ subsidiaries.
The approved changes include shifting the company’s legal name from FBN Holdings Plc to First Holdco Plc and its brand name to FirstHoldco.
The First Bank statement reads: “That there should be a change of the legal and brand names of the company from FBN Holdings Plc and FBN Holdings to First Holdco Plc and FirstHoldco, respectively.
“That the change of legal and brand names should be extended to the subsidiaries of FBN Holdings Plc.
“That the directors be and are hereby authorised to perform all such other acts and do all such other things as may be necessary to give effect to the above resolutions, including, without limitation, complying with the directives.”
