FirstBank’s planned headquarters will have more floors than its FUGAZ peers

Key Takeaways

FirstBank's planned headquarters will have 43 floors, nearly double UBA‌'s HQ.
Among the five FUGAZ banks, three currently have headquarters with 15 floors or fewer.
FirstBank’s existing HQ has only 15 floors, showing how big the planned leap is.
UBA’s HQ in Marina leads the pack among existing HQs, with 23 floors, followed by Access Bank with 16 floors.
The new FirstBank property in Eko Atlantic will be the tallest bank HQ in Nigeria by a wide margin when completed.

FirstBank's upcoming 43-floor headquarters will far surpass all existing bank towers in Nigeria, with UBA’s 23 floors currently leading the pack. The leap from FirstBank’s current 15 floors signals a bold expansion, particularly in comparison to Access (16), GTCO (11), and Zenith (10). With this project, FirstBank is poised to redefine architectural scale among FUGAZ (FirstBank, UBA, GTCO, Access, and Zenith) banks.

Source:

Media reports, Individual Banks

<div style="text-align: center;"><a href="https://intelpoint.co/insights/firstbanks-planned-headquarters-will-have-more-floors-than-its-fugaz-peers/" title="FirstBank’s planned headquarters will have more floors than its FUGAZ peers"><img src="https://intelpoint.co/wp-content/uploads/2025/07/20250724_194317-scaled.webp" style="width: 80%; height: auto; max-width:960px;-ms-interpolation-mode: bicubic; margin: 0 auto; display: block;" alt="Chart: FirstBank’s planned headquarters will have more floors than its FUGAZ peers"/></a><br><span>Find more insights at <a href="https://intelpoint.co/insights?utm_source=Insight%20Embed&utm_medium=HTML&utm_campaign=FirstBank%E2%80%99s+planned+headquarters+will+have+more+floors+than+its+FUGAZ+peers" target="_blank" style="color: #4f9acc; text-decoration: none;">Intelpoint</a>.</span></div>Copied to clipboard!

Period:

2025

HTML code to embed chart

Want a bespoke report?

Reach out

Tags

Related Insights

Nigeria's urban population is projected to reach 70% of the country's population by 2050, a significant increase from 9% in 1950

Nigeria's urban population is projected to grow from 9% in 1950 to 70% in 2050.
The urban population surpassed the rural population for the first time in 2020.
Between 1980 and 2020, Nigeria’s urban population more than doubled, from 22% to 52%.
The rural population share is expected to fall sharply from 91% in 1950 to just 30% in 2050.
In 2010, Nigeria’s population was still majority rural (57%), but within just a decade, that changed.

In 2024, Transcorp Hotels Plc's revenue and profit grew by 69% and 138%, respectively, from a period of significant losses in 2020

Key takeaways:

Revenue grew by 402% over a decade, from ₦14 billion in 2015 to ₦70 billion in 2024.
The company witnessed an extraordinary post-pandemic recovery, with 111% revenue growth in 2021.
There was a consistent strong performance from 2021-2024, with revenue more than tripling.
Transcorp Hotels recorded a profit of ₦14.9 billion in 2024, representing a 326% increase from 2015.
Despite setbacks, Transcorp Hotels’ performance improved notably from 2021 onward, marking strong growth.

Top 20 recorded building collapse incidents by state in Nigeria since October 1974

Lagos State has recorded 296 building collapses — 65% of all such incidents in Nigeria since October 1974. On Monday, November 1, 2021, a 21-storey building collapsed in Ikoyi, Lagos. Here are the top 20 recorded building collapse incidents by state in Nigeria since October 1974.

Nigeria's estimated housing deficit since 1991

Nigeria has been estimated to have a housing deficit of 22 million units. Since 1991, this deficit grew the most between 2007 and 2015. Following the FG's inauguration of the country's housing portal, we present the increase in the housing deficit in Nigeria since 1991.