Building on its long-standing presence in sub-Saharan Africa, First Bank of Nigeria is gearing up for its next growth phase as financial systems across the continent open up to new opportunities.

More than a decade after an acquisition spree that boosted its footprint in sub-Saharan Africa, First Bank of Nigeria is looking to expand into several other countries, including Ethiopia, Angola and Cameroon.

“There are a number of large economies with large banking pools that are of interest to us because their financial markets are opening up,” Deputy Managing Director Ini Ebong told The Africa