---
title: "First Bank of Nigeria LTD SWIFT/BIC code FBNINGLAXXX · Nigeria | Elucidate"
description: "SWIFT/BIC code FBNINGLAXXX for First Bank of Nigeria LTD, Nigeria. 3 branch BICs, LEI 254900O2M53JMNF7U320, addresses and Swift connectivity."
url: https://elucidate.co/directory/first-bank-of-nigeria-ltd-fbningla
---
1. [Directory](https://elucidate.co/directory)
2. [Nigeria](https://elucidate.co/directory/country/ng)
3. First Bank of Nigeria LTD
Nigeria · Financial institution
# First Bank of Nigeria LTD
Legal name in the LEI record First Bank of Nigeria Limited
First Bank of Nigeria Limited is a Nigerian limited company with its head office at Samuel Asabia House, 35 Marina, Lagos. It is a wholly owned subsidiary of First HoldCo Plc (formerly FBN Holdings Plc), which is listed on the Nigerian Exchange. The bank provides retail, commercial and corporate banking and owns FirstBank UK Limited, FirstBank DRC Limited and banking subsidiaries in West Africa. It was founded in 1894 as the Bank of British West Africa and became part of the holding-company structure in 2012.
BIC **FBNINGLAXXX** LEI **[254900O2M53JMNF7U320](https://search.gleif.org/#/record/254900O2M53JMNF7U320)** Licence no. **Not on a tracked register** Connected to Swift Swift GPI live member [**3** branch codes](https://elucidate.co/directory/first-bank-of-nigeria-ltd-fbningla#branches) [Group: Fbn Holdings PLC](https://elucidate.co/directory/group/029200370B2O2ZA1C754) [Claim this profile](https://elucidate.co/directory/first-bank-of-nigeria-ltd-fbningla#claim)
## Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
## Swift network
Swift’s ISO 9362 BIC directory
- **BIC:** FBNINGLAXXX head office
- **Connection to Swift:** Connected to Swift
- **Swift GPI:** Live member
- **Payment schemes and systems:** No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- **Branch codes:** [3 branch codes](https://elucidate.co/directory/first-bank-of-nigeria-ltd-fbningla#branches)
- **BIC first registered:** 1992-11-05
- **Last updated:** 2025-09-13
## Overview
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/first-bank-of-nigeria-ltd-fbningla#overview-sources)
Total assets
NGN 30.6tn
Group · 30 Jun 2026 · [interim report ↗](https://first-holdco.com/wp-content/uploads/2026/07/H1-2026_-Results-Press-Release-2.pdf)
Employees
Not published
Ownership
Group subsidiary
100% First HoldCo Plc
Institution type
Commercial bank
Trades as FirstBank
- **Standing:** The bank's parent, FBN Holdings Plc, has been renamed First HoldCo Plc. The bank still operates under its own name as a wholly owned subsidiary.
- **Ownership:** First HoldCo Plc, a holding company listed on the Nigerian Exchange, owns 100% of the bank.
- **Direct parent:** [First HoldCo Plc ↗](https://search.gleif.org/#/record/029200370B2O2ZA1C754), Nigeria 100%
- **Head office:** Samuel Asabia House, 35 Marina, 102273 Lagos, Nigeria
- **Former names:** First Bank of Nigeria Plc · Bank of British West Africa
### Business lines
- Retail banking
- Corporate banking
- SME banking
- Transaction banking & payments
- Trade finance
- Private banking & wealth
- Markets & trading
- Cards
- Consumer finance
According to First HoldCo, its Commercial Banking group, led by the bank, serves individual and corporate customers in 10 countries.
### Online
- **Websites & references:** [firstbanknigeria.com ↗](https://www.firstbanknigeria.com/) did not load when checked [Wikipedia ↗](https://en.wikipedia.org/wiki/First_Bank_of_Nigeria)
- **Official social accounts:** None found
Sources · 11 pages consulted
1. [first-holdco.com/our-group/our-board/](https://first-holdco.com/our-group/our-board/)
2. [first-holdco.com/wp-content/uploads/2026/07/H1-2026\_-Results-Press-Release-2.pdf](https://first-holdco.com/wp-content/uploads/2026/07/H1-2026_-Results-Press-Release-2.pdf)
3. [first-holdco.com/wp-content/uploads/2026/05/FirstHoldCo-FY-2025-Q1-2026-Results-Presentation-.pdf](https://first-holdco.com/wp-content/uploads/2026/05/FirstHoldCo-FY-2025-Q1-2026-Results-Presentation-.pdf)
4. [fbnbank.co.uk/about-us/](https://www.fbnbank.co.uk/about-us/)
5. [firstbanknigeria.com/ebenezer-olufowose/](https://www.firstbanknigeria.com/ebenezer-olufowose/)
6. [firstbanknigeria.com/firstbank-board-appoints-alebiosu-acting-ceo-as-adeduntan-retires/](https://www.firstbanknigeria.com/firstbank-board-appoints-alebiosu-acting-ceo-as-adeduntan-retires/)
7. [businessday.ng/companies/article/firstbank-appoints-alebiosu-as-ceo-ebong-as-deputy-md-alao-olaifa-non-e](https://businessday.ng/companies/article/firstbank-appoints-alebiosu-as-ceo-ebong-as-deputy-md-alao-olaifa-non-exec-director/)
8. [businessday.ng/companies/article/first-bank-appoints-julius-omodayo-owotuga-as-executive-director/](https://businessday.ng/companies/article/first-bank-appoints-julius-omodayo-owotuga-as-executive-director/)
9. [nairametrics.com/2026/01/05/firstbank-meets-n500-billion-cbn-capital-requirement-ahead-of-march-deadline/](https://nairametrics.com/2026/01/05/firstbank-meets-n500-billion-cbn-capital-requirement-ahead-of-march-deadline/)
10. [nairametrics.com/2025/01/14/cbn-fines-nine-banks-n150m-each-for-failing-to-disburse-atm-cash/](https://nairametrics.com/2025/01/14/cbn-fines-nine-banks-n150m-each-for-failing-to-disburse-atm-cash/)
11. [en.wikipedia.org/wiki/First\_Bank\_of\_Nigeria](https://en.wikipedia.org/wiki/First_Bank_of_Nigeria)
## Leadership
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/first-bank-of-nigeria-ltd-fbningla#overview-sources)
- **Chief executive:**  Olusegun Alebiosu Managing Director/Chief Executive Officer, FirstBank Group Confirmed 29 Sep 2026 · [first-holdco.com ↗](https://first-holdco.com/our-group/our-board/)
- **Chair:**  Ebenezer Olufowose Chairman Confirmed 29 Sep 2026 · [first-holdco.com ↗](https://first-holdco.com/our-group/our-board/)
- **Executive:**  Ini Ebong Deputy Managing Director Confirmed 29 Sep 2026 · [first-holdco.com ↗](https://first-holdco.com/our-group/our-board/)
- **Executive:**  Julius B. Omodayo-Owotuga Executive Director Confirmed 29 Sep 2026 · [first-holdco.com ↗](https://first-holdco.com/our-group/our-board/)
## Supervisors & regulators
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/first-bank-of-nigeria-ltd-fbningla#overview-sources)
- **Nigeria:** Central Bank of Nigeria Central bank Prudential supervisor AML supervisor Foreign exchange
## Recent events 1 enforcement or investigation item
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/first-bank-of-nigeria-ltd-fbningla#overview-sources)
1. May 2026
Leadership
The bank appointed Julius B. Omodayo-Owotuga, a former First HoldCo non-executive director, as Executive Director with effect from 13 May.
[businessday.ng ↗](https://businessday.ng/companies/article/first-bank-appoints-julius-omodayo-owotuga-as-executive-director/)
2. May 2026
Other
First HoldCo reported a temporary capital adequacy breach at its Commercial Banking group, caused by the regulatory risk reserve. It later reported the ratio restored to 16.7% at June 2026.
[first-holdco.com ↗](https://first-holdco.com/wp-content/uploads/2026/05/FirstHoldCo-FY-2025-Q1-2026-Results-Presentation-.pdf)
3. Jan 2026
Licence
First HoldCo announced that the bank had met the Central Bank of Nigeria's new minimum capital requirement of NGN 500 billion.
[nairametrics.com ↗](https://nairametrics.com/2026/01/05/firstbank-meets-n500-billion-cbn-capital-requirement-ahead-of-march-deadline/)
4. Jan 2025
Enforcement
The Central Bank of Nigeria fined the bank NGN 150 million for failing to dispense cash through ATMs during the festive season.
[nairametrics.com ↗](https://nairametrics.com/2025/01/14/cbn-fines-nine-banks-n150m-each-for-failing-to-disburse-atm-cash/)
5. Jun 2024
Leadership
The board confirmed Olusegun Alebiosu as Managing Director/CEO after Adesola Adeduntan retired in April 2024. Alebiosu had been acting CEO since April.
[businessday.ng ↗](https://businessday.ng/companies/article/firstbank-appoints-alebiosu-as-ceo-ebong-as-deputy-md-alao-olaifa-non-exec-director/)
6. May 2024
Leadership
Ebenezer Olufowose became Chairman of the board on 9 May 2024, succeeding Tunde Hassan-Odukale.
[firstbanknigeria.com ↗](https://www.firstbanknigeria.com/ebenezer-olufowose/)
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
## Identifiers
Head-office record
- **BIC:** FBNINGLAXXX
- **How the BIC breaks down:** 1. FBNI Bank 2. NG Country · Nigeria 3. LA Location 4. XXX Branch · head office
- **Branch description:** Not recorded in the directory
- **LEI:** 254900O2M53JMNF7U320
- **LEI record:** [View on GLEIF ↗](https://search.gleif.org/#/record/254900O2M53JMNF7U320)
- **How the LEI was matched:** BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
## Profile
- **Type:** Financial institution
- **Regulation:** Not on a tracked register
- **Register licences:** None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- **Country · region:** Nigeria · Sub-Saharan Africa
- **Trading venues (MIC):** No MIC registered under this LEI list of 2026-09-17
- **OFAC sanctions:** No listing cites this BIC
- **EU sanctions:** No listing matched this BIC or its LEI
- **Country sanctions:** No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
## Ownership and group
GLEIF relationship records
- **Direct parent:** Fbn Holdings PLC · Nigeria[029200370B2O2ZA1C754 ↗](https://search.gleif.org/#/record/029200370B2O2ZA1C754)
The Fbn Holdings PLC group has 3 institutions in the directory, in 2 countries: all hold a BIC.
Including [Firstbank UK Limited](https://elucidate.co/directory/firstbank-uk-limited-fbnigb2l), [Quest Merchant Bank Limited](https://elucidate.co/directory/quest-merchant-bank-limited-kdhlngla).
[See the Fbn Holdings PLC group →](https://elucidate.co/directory/group/029200370B2O2ZA1C754)
Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
## Addresses
- **Registered address:** SAMUEL ASABIA HOUSE 35 MARINA LAGOS 102273 5216 NIGERIA
- **Operational address:** SAMUEL ASABIA HOUSE 35 MARINA LAGOS 102273 LAGOS POB 5216 NIGERIA
## ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- **Identified by:** BIC, with its LEI
- **Roles in CBPR+:** Any agent, including the instructing and instructed agents
### CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
```xml
FBNINGLAXXX
254900O2M53JMNF7U320
```
### Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
```xml
FBNINGLAXXX
254900O2M53JMNF7U320
FIRST BANK OF NIGERIA LTD
LAGOS
NG
SAMUEL ASABIA HOUSE 35 MARINA LAGOS 102273 5216
```
The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
## Network
### Branch network
All 3 branch BICs connect to the head office. They are all in Lagos, and no function or registration year splits them further.
### Branch codes
| BIC | Branch | City | Address | LEI | Updated |
| --- | --- | --- | --- | --- | --- |
| [FBNINGLAGCS](https://elucidate.co/directory/first-bank-of-nigeria-ltd-fbningla-gcs) | CUSTODIAN SERVICES | Lagos | SAMUEL ASABIA HOUSE 35 MARINA LAGOS 102273 LAGOS POB 5216 NIGERIA | — | 2025-09-13 |
| [FBNINGLAPYT](https://elucidate.co/directory/first-bank-of-nigeria-ltd-fbningla-pyt) | PAYMENTS | Lagos | SAMUEL ASABIA HOUSE 35 MARINA LAGOS 102273 LAGOS POB 5216 NIGERIA | — | 2026-01-24 |
| [FBNINGLAWAL](https://elucidate.co/directory/first-bank-of-nigeria-ltd-fbningla-wal) | — | Lagos | SAMUEL ASABIA HOUSE 35 MARINA LAGOS 102273 LAGOS POB 5216 NIGERIA | — | 2026-02-09 |
[See every BIC in Nigeria →](https://elucidate.co/directory/country/ng#bics)
## Related institutions
### Same group
- [Quest Merchant Bank Limited BIC KDHLNGLA Financial institution Not on a tracked register Nigeria · Not on a tracked register · LEI 0292002717G4T0CH6E65](https://elucidate.co/directory/quest-merchant-bank-limited-kdhlngla)
- [Firstbank UK Limited BIC FBNIGB2L Financial institution Not on a tracked register United Kingdom · Not on a tracked register · LEI 213800DD8GVBIP1HM239](https://elucidate.co/directory/firstbank-uk-limited-fbnigb2l)
[All 3 institutions in the Fbn Holdings PLC group →](https://elucidate.co/directory/group/029200370B2O2ZA1C754)
### Largest institutions in Nigeria
- [United Bank For Africa PLC BIC UNAFNGLA Financial institution Not on a tracked register Nigeria · Not on a tracked register · LEI 0292002067E3RH4D8768](https://elucidate.co/directory/united-bank-for-africa-plc-unafngla)
- [Standard Chartered Bank Nigeria LTD BIC SCBLNGLA Financial institution Not on a tracked register Nigeria · Not on a tracked register · LEI 549300P08UORMR8IFS20](https://elucidate.co/directory/standard-chartered-bank-nigeria-ltd-scblngla)
- [Wema Bank PLC BIC WEMANGLA Financial institution Not on a tracked register Nigeria · Not on a tracked register · LEI 029200494H3E7D4H3E24](https://elucidate.co/directory/wema-bank-plc-wemangla)
- [Zenith Bank PLC BIC ZEIBNGLA Financial institution Not on a tracked register Nigeria · Not on a tracked register · LEI 029200268F8M5YI5I629](https://elucidate.co/directory/zenith-bank-plc-zeibngla)
- [Central Bank of Nigeria,abuja BIC CBNINGLA Financial institution Not on a tracked register Nigeria · Not on a tracked register · LEI 549300G1JG004Y3K8S97](https://elucidate.co/directory/central-bank-of-nigeria-abuja-cbningla)
- [Citibank Nigeria Limited BIC CITINGLA Financial institution Not on a tracked register Nigeria · Not on a tracked register · LEI 029200343C4N7D2E6H83](https://elucidate.co/directory/citibank-nigeria-limited-citingla)
- [First City Monument Bank Limited BIC FCMBNGLA Financial institution Not on a tracked register Nigeria · Not on a tracked register · LEI 254900KVOZA3L72NJT75](https://elucidate.co/directory/first-city-monument-bank-limited-fcmbngla)
- [First City Monument Bank LTD BIC KNUBNGL1 Financial institution Not on a tracked register Nigeria · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/first-city-monument-bank-ltd-knubngl1)
[See every BIC in Nigeria →](https://elucidate.co/directory/country/ng#bics)
Claim this profile
## Work at First Bank of Nigeria LTD?
Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page.
1. 01 **Submit** Tell us who you are, using your work email.
2. 02 **We verify** We check the email domain and confirm your role with the bank. This usually takes up to five business days.
3. 03 **Profile claimed** The page is marked as claimed and verified. You can send us corrections at any time.
Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
[Read the methodology →](https://elucidate.co/directory/methodology)
Credits for this page
- **Ownership and group**—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- **Overview, leadership, regulators and events**—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- **Images**—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Olusegun Alebiosu: [first-holdco.com](https://first-holdco.com/our-group/our-board/) (official website) · [original](https://firstholdco-v2-320167.ingress-haven.ewp.live/wp-content/uploads/2026/06/Olusegun-Alebiosu.jpg); Ebenezer Olufowose: [first-holdco.com](https://first-holdco.com/our-group/our-board/) (official website) · [original](https://firstholdco-v2-320167.ingress-haven.ewp.live/wp-content/uploads/2026/06/Ebenezer-Olufowose.jpg); Ini Ebong: [first-holdco.com](https://first-holdco.com/our-group/our-board/) (official website) · [original](https://firstholdco-v2-320167.ingress-haven.ewp.live/wp-content/uploads/2026/06/Ini-Ebong.jpg); Julius B. Omodayo-Owotuga: [first-holdco.com](https://first-holdco.com/our-group/our-board/) (official website) · [original](https://firstholdco-v2-320167.ingress-haven.ewp.live/wp-content/uploads/2026/06/JB-Omotayo-Owotuga.jpg).
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Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.