On March 31, 2019, First Bank of Nigeria (FirstBank) celebrated the 125th anniversary of its founding. The bank, Nigeria’s oldest, has come a long way in that time, while remaining a fixture on the country’s financial sector landscape.
From its earliest days as the monetary and fiscal policy regulator for the west Africa region to the present, where the lender is pursuing pioneering digital product and service innovation, FirstBank has always played an outsized role in the Nigerian banking sector. Having weathered the worst of the commodity price downturn of recent years, the bank is now looking to the future. And FirstBank’s chief executive officer and managing director, Adesola Adeduntan, is keen to emphasise its direction of travel.