President Bola Tinubu Launches Eco-Friendly FirstBank Headquarters, Set To Be Nigeria’s Tallest Building In Eko Atlantic City

President Bola Tinubu Launches Eco-Friendly FirstBank Headquarters, Set to Be Nigeria’s Tallest Building in Eko Atlantic City

President Bola Tinubu, represented by Vice President Kashim Shettima, on Wednesday laid the foundation for the new eco-friendly headquarters of the FirstBank Group in Eko Atlantic City. The 40-story skyscraper, set to become Nigeria’s tallest building, symbolizes the nation’s ambition, progress, and commitment to sustainable development.

The groundbreaking ceremony marked a historic moment for Nigeria’s financial sector, as the state-of-the-art headquarters promises to redefine banking in Africa. The building, designed with cutting-edge technology and eco-friendly features, will set new standards for the financial services industry across the continent.

A Monument to Nigeria’s Economic Strength

Speaking at the event, Vice President Shettima emphasized the significance of the project, stating, “Today, we lay the foundation for a monumental structure in Nigeria’s financial landscape—the FirstBank Iconic Tower. This 40-story edifice, the tallest in West Africa, is a testament to our nation’s economic strength and vitality. It reflects confidence in Nigeria’s future and our commitment to fostering transformative investments.”

Shettima praised FirstBank’s 130-year legacy, highlighting its role in empowering businesses, supporting families, and driving financial innovation. “FirstBank has extended its reach from Lagos to London and beyond, proudly flying Nigeria’s flag on the global stage. This tower will symbolize ambition and excellence, consolidating Lagos as a leading financial hub and showcasing the dynamism of Nigeria’s private sector,” he added.

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A Vision for Sustainable Development

The eco-friendly headquarters, situated in the heart of Eko Atlantic City, is designed to be a hub for financial innovation, digital transformation, and operational excellence. FirstBank Group CEO, Olusegun Alebiosu, described the project as a reimagining of banking for future generations. “This new headquarters is not just a modern architectural masterpiece; it is a commitment to innovation and sustainability. It will ensure that FirstBank remains at the forefront of an era where technology is reshaping the financial landscape,” he said.

Government Support and Private Sector Collaboration

Lagos State Governor, Babajide Sanwo-Olu, presented the certificate of approval for the project, enabling immediate commencement of construction. He commended FirstBank for its leadership and vision, stating, “FirstBank has once again led the way. Eko Atlantic City is set to become Africa’s model city, and this project is a testament to what we can achieve through collaboration and innovation.”

Governor Sanwo-Olu also acknowledged the contributions of the Chagoury Group, the developers behind Eko Atlantic City, and called on other financial institutions to follow FirstBank’s example.

A Legacy of Innovation and Excellence

Femi Otedola, Chairman of FirstBank’s parent company, FirstHoldCo, expressed gratitude to President Tinubu, Vice President Shettima, and other stakeholders for their support. “This groundbreaking ceremony marks a significant milestone in FirstBank’s 130-year history. We remain committed to investing in cutting-edge technology, strategic partnerships, and customer-centric innovations that will define banking globally,” he said.

Otedola also praised the Chagoury Group for their role in Nigeria’s infrastructural growth, describing Eko Atlantic City as the “ninth wonder of the world” and a testament to Nigeria’s greatness.

A Gathering of Nigeria’s Finest

The event was attended by prominent figures, including the governors of Ogun and Ondo States, Dapo Abiodun and Lucky Aiyedatiwa; Aliko Dangote, founder of Dangote Industries; Gilbert and Roland Chagoury, co-founders of the Chagoury Group; and Olayemi Cardoso, Governor of the Central Bank of Nigeria. Other dignitaries included former Senate President Bukola Saraki, former Delta State Governor James Ibori, and business leaders such as Tunde Folawiyo and Dr. Deji Adeleke.

FirstBank’s Global Footprint

With a legacy spanning over 130 years, FirstBank has consistently demonstrated its commitment to innovation, customer-centricity, and sustainable business practices. The bank operates subsidiaries in nine countries across three continents, reinforcing its position as a global financial powerhouse.

The new eco-friendly headquarters in Eko Atlantic City is poised to become a landmark of Nigeria’s economic progress and a beacon of sustainable development for Africa. As construction begins, the project reaffirms FirstBank’s mission to drive financial inclusion and prosperity for generations to come.