1954 – 1963

The Sexagenarian Banking Age

At Nigeria’s Independence in 1960, FirstBank advanced the first ever loans to the citizens of the independent Nigeria, thus starting true retail banking in Nigeria.

1955

FirstBank partnership with the Federal Government to expand the railway lines deepening  commerce across the nation through expansion of distribution channels.

1957

The Bank changed name from Bank of British West Africa (BBWA) to Bank of West Africa (BWA) to truly reflect the regional identity.

1960

At Nigeria’s Independence in 1960, FirstBank advanced the first ever loans to the citizens of the independent Nigeria, thus starting true retail banking in Nigeria.

1963

Operated 114 branches across West Africa when Nigeria became a Republic, demonstrating passion for service; commitment to financial inclusion with over 100 branches as far back as 1963.

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