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Changes to government rules and regulations can negatively affect First Bank Nigeria Plc… … "Govt Regulations (First Bank Nigeria Plc)" has a significant impact, so an analyst should put more weight into it. "Govt Regulations (First Bank Nigeria Plc)" will have a long-term negative impact on this entity, which subtracts from the entity's value. This statements will have a short-term negative impact on this entity, which subtracts from its value. This qualitative factor will lead to an increase in costs. This statement will lead to a decrease in profits. "Govt Regulations (First Bank Nigeria Plc)" is an easy qualitative factor to overcome, so the investment will not have to spend much time trying to overcome this issue.