First Bank Holding Company has announced the completion of the sale of FBNQuest Merchant Bank Limited.
The disclosure was made in an official statement released by the organisation, dated November 27, 2025, and signed by the group’s Company Secretary, Abiola Baruwa.
In the statement titled “Notification of Completion of Sales of FBNQuest Merchant Bank Limited”, the holding company notified the investing public and NGX that it had completed the full divestment of its 100 percent ownership in FBNQuest Merchant Bank to EverQuest Acquisition LLP.
Also, the statement noted that the transaction was completed after obtaining all necessary regulatory approvals from the Central Bank of Nigeria (CBN ).
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