President Bola Tinubu, represented by Vice President Kashim Shettima, on Wednesday laid the foundation stone for the new eco-friendly headquarters of FirstBank Group in Eko Atlantic City, Lagos. The 40-story skyscraper, set to be the tallest building in Nigeria and West Africa, is being hailed as a symbol of Nigeria’s ambition, progress, and economic strength.
A Landmark for Nigeria’s Financial Sector
Speaking at the groundbreaking ceremony, Shettima emphasized that the FirstBank Iconic Tower would serve as a testament to Nigeria’s economic resilience and its position as a leading financial hub.
“For 130 years, FirstBank has been a pillar of our economy, empowering businesses, supporting families, and driving financial innovation. This tower will consolidate Lagos as a premier financial hub and showcase the dynamism of Nigeria’s private sector,” Shettima said.
He also reaffirmed the federal government’s commitment to creating an enabling environment for major investments, praising the Chagoury Group for its role in the development of Eko Atlantic City.
Lagos Governor Issues Approval for Construction
Lagos State Governor Babajide Sanwo-Olu, who also attended the event, presented the official certificate of approval to FirstBank, authorizing immediate commencement of construction.
“FirstBank has once again set the pace. Eko Atlantic City will be Africa’s model city, and we are proud of this milestone,” Sanwo-Olu stated.
A Hub for Financial Innovation
In his remarks, FirstBank Group CEO, Olusegun Alebiosu, described the new headquarters as a revolutionary step for the future of banking.
“This is not just an architectural masterpiece; it will serve as a hub for financial innovation, digital transformation, and operational excellence in Africa’s banking sector,” Alebiosu said.
Meanwhile, FirstHoldCo Chairman, Femi Otedola, hailed the project as a significant milestone in the bank’s history and pledged to continue driving customer-centric financial innovations.
“We shall continue to invest in cutting-edge technology, human capital, and strategic partnerships that will redefine banking globally,” Otedola assured.
Dignitaries in Attendance
The event was attended by top business leaders, government officials, and financial sector stakeholders, including:
- Aliko Dangote, Founder of Dangote Industries
- Gilbert and Roland Chagoury, Co-founders of Chagoury Group
- Dr. Deji Adeleke, Chairman of Pacific Holdings
- Tunde Folawiyo, Business magnate
- Bukola Saraki, Former Senate President
- James Ibori, Former Governor of Delta State
- Dapo Abiodun, Governor of Ogun State
- Lucky Aiyedatiwa, Governor of Ondo State
- Olayemi Cardoso, Governor of the Central Bank of Nigeria (represented by Deputy Governor, Philip Ikeazor)
A Legacy of Innovation
With over 130 years of banking excellence, FirstBank has cemented its legacy as a leader in financial innovation, customer service, and sustainable business practices. The bank currently operates in nine countries across three continents, reinforcing its global presence and influence.
Conclusion
As construction begins on this landmark skyscraper, FirstBank aims to set new standards for financial services in Africa, further solidifying Nigeria’s place on the global economic map.