With a legacy spanning over 130years, First Bank on Wednesday holds a groundbreaking ceremony for its 40-storey green-certified iconic head office building at Eko Atlantic City, Lagos.
The new headquarters is designed with a strong focus on sustainability, incorporating a green-certified structure that minimizes operational costs and reinforces FirstBank’s position as a pioneer in sustainable banking practices.
Vice President Kashim Shettima, billionaire businessmen Aliko Dangote and Femi Otedola, governors, senators, ministers and captains of industry graced the event.
A spokesperson for the bank, Olayinka Ijabiyi, said the 40-storey building project is designed to be the tallest building in Nigeria.
“It will be an engineering and environmental delight due to its technologically advanced, eco-friendly, and sophisticated construction which would set a new standard for the financial services sector in Africa,” the statement said in part.
According to him, the groundbreaking ceremony signified the beginning of a transformative journey that reinforces the bank’s commitment to excellence, innovation, and customer satisfaction.
The bank’s Chief Executive Officer, Olusegun Alebiosu, described the groundbreaking as “a significant milestone” in the bank’s journey towards excellence.
“Our new Head Office is envisioned as a world-class structure that represents our dedication to innovation, customer satisfaction, and sustainability. We believe that this development will play a crucial role in fostering economic growth and development across Africa, creating long-term value for all our stakeholders,” he said.
Chairman, FirstHoldCo, Femi Otedola, said, “Today’s gathering highlights the importance of collaboration and support from various sectors in bringing our ambitious plans for the new headquarters to life. We appreciate the unrelenting support from our customers and stakeholders as we work together to turn this vision into reality.”
President Bola Tinubu,who was represented by Vice president Kashim Shettima in a statement on Wednesday reaffirmed his administration’s commitment to building a sustainable and globally competitive financial system to allow Nigerian banks and other financial institutions to thrive.




