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Economies of scale is the cost advantages that First Bank Nigeria Plc obtains due to size. The greater the volume, the greater the advantages… … "Economies of Scale (First Bank Nigeria Plc)" will have a long-term positive impact on the this entity, which adds to its value. This statements will have a short-term positive impact on this entity, which adds to its value. This statement will lead to an increase in profits for this entity. "Economies of Scale (First Bank Nigeria Plc)" is a difficult qualitative factor to defend, so competing institutions will have an easy time overcoming it.