Nigeria — Central Bank of Nigeria & FirstBank of Nigeria

Nigeria — Central Bank of Nigeria: The Nigeria — Central Bank of Nigeria approved the appointment of Julius Omodayo-Owotuga, reinforcing confidence in FirstBank of Nigeria's governance transition process.

FirstBank of Nigeria: FirstBank of Nigeria Limited appointed Julius Omodayo-Owotuga as an Executive Director, aiming to strengthen its leadership in finance, governance, risk management, and institutional transformation.

Nigeria — Central Bank of Nigeria: The Nigeria — Central Bank of Nigeria sets the minimum capital requirements for banks. FirstHoldCo's chairman, Femi Otedola, is publicly advocating for the CBN to raise the minimum requirement for international banking licenses to N1 trillion.

FirstBank of Nigeria: FirstBank of Nigeria, a subsidiary of FirstHoldCo, recently met the Nigeria — Central Bank of Nigeria's N500 billion minimum threshold for international authorization. The proposed capital raise by FirstHoldCo will further strengthen its parent company's financial position.

Nigeria — Central Bank of Nigeria: The Nigeria — Central Bank of Nigeria (CBN) is mentioned as domiciling the EFCC Recovery Account, which received a refund from Chukwunyere Nwabuoku.

FirstBank of Nigeria: FirstBank of Nigeria is one of the companies in which Chukwunyere Nwabuoku held forfeited stocks.