First Bank Nigeria

Nigeria Financial services

First Bank of Nigeria is a multinational bank and financial services company in Nigeria.

We are invested in First Bank Nigeria through Investec Africa Credit Opportunities Fund, which is managed by Investec Asset Management. For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts

Status:
Exited
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Africa, West Africa
Countries:
Nigeria
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

:
Financial services
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund:
Investec Africa Credit Opportunities Fund
Fund Manager:
Investec Asset Management
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
Nigeria