Yes it's a typical Lowe's (or other Walmart) retusa tiger bark (ficus btw).
The pot is most certainly a piece of crap, if there is just one central hole and it's glazed all over the inside it's a given.
The best would be to change it together with the soil.
Normally the root's ball won't be top notch and the soil is too organic and too fine.
The best would be to find a pot with a nice drainage and a soil with at least 1/2 of mineral with good drainage quality (depending on the amount of $ you want to spend from: perlite, pumace, lava rock, adakama, bonsai blocks, Napa auto oil split kit, etc...)
The organic part could be pine bark (fine).
Also feed it.
Perso I use a lot of osmocote balanced 14/14/14 all purpose that I mixed in my soil mixture, for all my trees.
After that: water, sun and heat (outside preferentially, weather permitted) and it should grow well.
But if it was mine I'll cut the big sprouts with gigantic leaves on the top.
And yes, update your profile please.
And welcome!