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Sanwo-Olu grants approval for FirstBank’s new headquarters

Set to be Nigeria's tallest building

Credible News by Credible News
March 5, 2025
in Banking, Development, Human Interest, News
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Sanwo-Olu grants approval for FirstBank’s new headquarters
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Lagos State Governor, Babajide Sanwo-Olu, has officially presented a certificate of approval to FirstBank Group, granting permission to begin the construction of its eco-friendly headquarters in Eko Atlantic City.

The presentation took place during the ground-breaking ceremony on Wednesday.

FirstBank disclosed plans to build a 40-storey skyscraper, which is set to become the tallest building in Nigeria.

The bank has described the project as an architectural and environmental masterpiece, featuring cutting-edge, eco-friendly construction that will redefine the standards for the financial services sector across Africa.

READ ALSO : First Bank fires 100 senior staff

Governor Sanwo-Olu praised FirstBank’s leadership, saying, “As always, FirstBank has taken the lead. I want to thank the visionaries who have created a new city that will become Africa’s model city — one we will all take pride in. Mr. Femi Otedola, congratulations to you, your board, and your management. Thanks to the CBN Governor for the approval, and we hope similar approvals are extended to other financial institutions, as there is ample space for them.”

The event also saw the Governor handing over the official certificate of approval, allowing construction to commence immediately.

The ground-breaking ceremony was attended by notable figures, including Vice President Kashim Shettima, 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 Chagoury Group, Dr. Deji Adeleke, Tunde Folawiyo, Bukola Saraki, and several other distinguished guests.

Crediblenewsng.com

Tags: FirstBankGov. Babajide Sanwo-Olu onew headquarters
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