Consequent upon the re-structuring in First Bank of Nigeria Plc and in order to give the best Registrar’s Services ever in the industry, the Registrar’s Unit of the Bank was incorporated as "FIRST REGISTRARS NIGERIA LIMITED" (FRNL) in May, 1999. This is a wholly owned subsidiary of First Bank of Nigeria Plc. Prior to the incorporation, The company operated as a unit, offering Share Register Administration service for well over 30 years to State Government and Corporate Bodies. 

FIRST REGISTRARS NIGERIA LIMITED has an astute board under the chairmanship of Stephen Olabisi Onasanya, FCA,Group Managing Director/Chief Executive of First Bank Nigeria Plc. He is also the Director of FBN Bank (UK) Limited and FBN Insurance Brokers Limited among others.

Also the management team led by Mr. Bayo Olugbemi consists of highly experienced professionals with a well-endowed, dedicated and highly motivated work force.