It is a meeting of elegance and class as First Bank, Nigeria’s premier and leading money deposit bank, breaks ground to build a 40-floor Head Office in Eko Atlantic City.

The state-of-the-art building, touted as the first of its kind in Nigeria will, on completion, be Nigeria’s tallest commercial office building that fits into the plan and design of Eko Atlantic City as home of skyscrapers and extra-ordinary real estate.

A statement by the Bank on Wednesday described the building as a significant milestone and an ambitious project set to be an engineering and environmental delight due to its technologically advanced, eco-friendly and sophisticated construction that would set a new standard for the financial services sector in Africa.

According to the statement, the groundbreaking ceremony signifies the beginning of a transformative journey that reinforces FirstBank’s commitment to excellence, innovation, and customer satisfaction.

It adds that the new headquarters is designed with sustainability in mind, featuring a green-certified building that reduces operational costs and positions the bank as a leader in sustainable banking practices.

The statement quotes Olusegun Alebiosu, CEO, FirstBank Group, as saying, “we are proud to mark this significant milestone in our journey towards excellence. Our new Head Office is envisioned as a world-class structure that represents our dedication to innovation, customer satisfaction, and sustainability.

Read also: How FirstBank is leveraging digital infrastructure to ease banking

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.”

As Nigeria\s premier financial institution, First Bank has a legacy that spans over 130 years, and has consistently demonstrated its commitment to innovation, customer-centricity, and sustainable business practices. The Bank has a robust international presence, operating subsidiaries in nine countries across three continents.

Femi Otedola, Chairman, FirstHoldCo, also noted that “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.”

It is expected that the groundbreaking ceremony will be attended by prominent dignitaries, including President Bola Tinubu, Senators, state governors, ministers and captains of industry.

The statement assures that the groundbreaking event marks the beginning of an exciting new chapter in FirstBank’s history, solidifying its role as a leader in the African financial industry.

SENIOR ANALYST - REAL ESTATE

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