What is the old name of FirstBank?
FirstBank, particularly well-known as First Bank of Nigeria, has a long and storied financial history that began during the British colonial era under its original founding name, the Bank of British West Africa. Established to facilitate international trade and provide foundational banking services across West African colonial territories, the institution played a pivotal role in the early monetary system of the region. As the country moved toward political independence and economic sovereignty, the bank underwent progressive structural indigenization policies, resulting in a formal name change to Standard Bank of Nigeria and later First Bank of Nigeria Limited. This evolution reflected its deep national roots, eventually leading to its modern brand identity as a leading financial services group across multiple African markets.
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