EverQuest Acquisition LLP acquires FBNQUEST

The management of the FBNQUEST has informed the Nigerian public especially the Nigerian Exchange Limited (NGX) that it has diversified from the FBNQUEST.

In one-paragraph notice, dated 27 November, 2025 and signed by the group company secretary, Abiola Baruwa, said the diversification has been completed

The notice reads: “NOTIFICATION OF COMPLETION OF SALE OF FBNQUEST MERCHANT BANK LIMITED

“In line with the Nigerian Exchange Limited (NGX) Rulebook, we wish to inform NGX and the investing public that First HoldCo Plc has successfully completed the full divestment of its 100% ownership in FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP. This transaction has been finalized after obtaining all necessary regulatory approvals from the Central Bank of Nigeria.”

For First HoldCo Plc

Abiola Baruwa

Group Company Secretary