FirstBank, the West African premier financial institution and financial inclusion services provider, has emerged as Nigeria’s Best Bank for Environmental, Social, and Governance (ESG) at the prestigious Euromoney Awards for Excellence 2025, held recently in London. This marks FirstBank’s second consecutive win in the ESG category, affirming its leadership in sustainable finance and responsible banking across Nigeria.

The Euromoney Awards for Excellence are regarded as one of the most coveted accolades in the global financial industry. The highly competitive selection process involves rigorous analysis and assessment, measuring performance against strategic and impact-oriented criteria.

The Bank earned the award through its deepened sustainability commitments embedded across its operations and community initiatives. In 2024, FirstBank screened 237 transactions worth over ₦3 trillion for sustainability risks, integrating ESG considerations into its credit framework.

Among its flagship sustainability initiatives, FirstBank commenced a tree planting campaign in partnership with Nigeria Conservation Foundation (NCF), planting over 30,000 trees in 16 locations across Nigeria. This was the first phase of its 50,000-tree initiative, projected to absorb approximately 720 tonnes of CO₂ by the end of 2025, contributing to climate resilience and supporting biodiversity preservation.

FirstBank has been proactive in gender inclusion through the Gender Market Strategy, disbursing over ₦43 billion FirstGem loans to women-led businesses in 2024. The Bank’s commitment to inclusive banking saw a significant increase in the worth of transactions facilitated by FirstMonie agents to over ₦9 trillion.

The Bank prioritises ESG/sustainability capacity building, evidenced by the training of over 9000 employees, and its webinars and workshops reaching over 2,000 SMEs and corporates. The bank’s investment in leadership for over 2,000 female employees through the FirstBank Women Network has demonstrated a dedicated structural commitment to cultivating a knowledgeable and diverse workforce catering to the dynamic ESG landscape.

Commenting on the award, the Chief Risk Officer of the Bank as well as the Chairman of the FirstBank Sustainability Committee, Patrick Akhidenor said, “We are honoured to receive this prestigious award for the second time in a row, which is a validation of our efforts to create a sustainable and inclusive future for all our stakeholders. Our approach to sustainability is hinged on three pillars: education, health and welfare; diversity and financial inclusion; responsible lending, procurement and climate initiatives”

He added: “We remain focused on driving impact through purposeful initiatives and inclusive growth, ensuring that our ESG efforts continue to create meaningful change in communities across Nigeria and beyond.”

The continued success in ESG and sustainability is driven by FirstBank’s vision to be Africa’s bank of first choice, leading with purpose, responsibility, and innovation.

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  ZenithBankPlchasbeennamed“Nigeria’sBestBank”attheEuromoneyAwardsfor

  Excellence2025,emergingasNigeria’sstandoutperformer,andclinchingthebiggestand

  most coveted country award. The award, which was presented to the bank on Thursday, July

  17,2025atThePeninsula,London,isatestament to its commitment to delivering exceptional

  banking services, innovative products and superior value to its customers and shareholders.

  Euromoney’s Awards for Excellence are one of the most highly coveted awards that matter to

  banksandbankerswhomatter.TheannualAwardsforExcellencecelebratesfinancial

  institutions that demonstrate leadership, innovation, and resilience in their markets, with this

  year’seditionseeingarecordnumberofover770entriesfromworldclassfinancial

  institutionsincludingHSBC,MorganStanley,CitiBank,Barclays,StandardBankand

  Development Bank of Singapore (DBS), amongst others.

  Commenting on the award, the Group Managing Director/Chief Executive of Zenith Bank Plc,

  Dame Dr. Adaora Umeoji, OON said, “We are absolutely thrilled to be recognized as Nigeria’s

  BestBankbyEuromoney.Thisawardisnotjustatestamenttoourrelentlesspursuitof

  excellence, but also a validation of the unwavering trust and confidence our customers have

  placed in us. We are once again reminded that our success is not just about us, but about the

  impact we continue to have on the financial ecosystem. We will continue to work tirelessly to

  supportthegrowthanddevelopmentofoureconomyandupholdthehigheststandardsof

  governance, integrity and transparency that has earned us this recognition”.

  She dedicated the award to Zenith Bank’s customers across the globe for their loyalty, and to

  the Founder and Chairman, Jim Ovia, CFR, for his visionary leadership and commitment to

  excellencewhichformedthefoundationforthebank’ssuccesses.Shealsothankedthe

  Boardfortheirguidance,aswellasthestafffortheirunwaveringdedicationtobuildinga

  formidable and best in class global financial institution that will outlive generations.

  ZenithBank’strackrecordofexcellentperformancehascontinuedtoearnthebrand

  numerous awards including being recognised as the Number One Bank in Nigeria by Tier-1

  Capitalforthesixteenthconsecutiveyearinthe2025Top1000WorldBanksRanking,

  publishedbyTheBanker.TheBankwasalsoawardedBankoftheYear(Nigeria)inThe

  Banker’s Bank of the Year Awards for 2020, 2022 and 2024; Best Bank in Nigeria from 2020

  to2022, 2024and 2025,inthe GlobalFinance World’sBestBanks Awards;Best Bankfor

  DigitalSolutionsinNigeriaintheEuromoneyAwards2023;andwaslistedintheWorld

  Finance Top 100 Global Companies in 2023.

  Further recognitions include Best Commercial Bank, Nigeria for five consecutive years from

  2021 to 2025 in the World Finance Banking Awards and Most Sustainable Bank, Nigeria in the

  InternationalBanker2023and2024BankingAwards.Additionally,ZenithBankhasbeen
• acknowledgedastheBestCorporateGovernanceBank,Nigeria,intheWorldFinance

  CorporateGovernanceAwardsforfourconsecutiveyearsfrom2022to2025and‘Bestin

  CorporateGovernance’FinancialServices’Africaforfourconsecutiveyearsfrom2020to

  2023 by the Ethical Boardroom.

  The Bank’s commitment to excellence saw it being named the Most Valuable Banking Brand

  inNigeria inThe Banker’sTop 500Banking Brandsfor 2020 and 2021,Bank ofthe Year 2023

  and2024attheBusinessDayBanksandOtherFinancialInstitutions(BAFI)Awards,and

  Retail Bank of the Yearfor three consecutive years from2020 to 2022 and in2024 at the BAFI

  Awards. The Bank also received the accolades of Best Commercial Bank, Nigeria and Best

  Innovation in Retail Banking, Nigeria, in the International Banker 2022 Banking Awards.

  ZenithBankwasalsonamedMostResponsibleOrganisationinAfrica,BestCompanyin

  TransparencyandReportingandBestCompanyinGenderEqualityandWomen

  Empowerment atthe SERAS CSRAwards Africa 2024;Bank of theYear 2024by ThisDay

  Newspaper; Bank of the Year 2024 by New Telegraph Newspaper; and Best in MSME Trade

  Finance,2023byNairametrics.TheBank’sHybridOfferwasalsoadjudged‘RightsIssue/

  Public Offer of the Year’ at the Nairametrics Capital Market Choice Awards 2025