FirstBank of Nigeria Limited, a subsidiary of FBN Holdings Plc (FirstHoldCo), has fully redeemed its $350 million subordinated Eurobond due in October 2025, reaffirming its strong liquidity and financial resilience. The Eurobond, issued in 2020 at an 8.625% coupon rate, matured on October 23, 2025, and was repaid in full from the bank’s balance sheet […]