Financial Inclusion: FirstBank’s Firstmonie agents hit 100,000

Firstmonie agents hits 100,000

Financial Inclusion: FirstBank’s Firstmonie agents hit 100,000 If you live in Lagos, Abuja or Port Harcourt, or you reside in any of the other state capitals, you probably take for granted that you actually live in the better of the two worlds that make up Nigeria when it comes to banking. Take Lagos, for example, you would find a bank in almost any corner you turn. You have many streets in business or commercial areas in the city that are lined up by nothing but banks in all their glory…

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Firstmonie Wallet launches Valentines Day promo

Firstmonie Wallet launches Valentines Day promo   In sharing love this valentine season, Firstmonie Wallet – the electronic wallet initiative by FirstBank – has promised to gift customers bonus 100 per cent data and 50 per cent airtime on their first recharge each day across all GSM networks. The lender explained in press release today first daily recharge and data subscription between 13 – 15 February will give users the opportunity to speak more to their loved ones, or spend more time on their favourite social media channel with the…

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FirstBank empowers its 86,000 banking agents to deepen financial inclusion

FirstBank Empowers

FirstBank empowers its 86,000 banking agents to deepen financial inclusion   In furtherance of the need to promote the business activities of its foremost agent banking platform, Firstmonie Agents, First Bank of Nigeria Limited, has announced the provision of loan facilities – up to one million naira – to its banking agents. FirstBank, Nigeria’s leading financial inclusion services provider, currently has over 86,300 Firstmonie Agents, spread across the country’s 772 Local Government Areas. With its location in every neighbourhood, Firstmonie Agents have been integral to filling the financial exclusion gap,…

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60,000 FirstMonie agents process N6trn worth transactions

60,000 FirstMonie agents process N6trn worth transactions

…Value realised in 320 million customer transactions   Nigeria’s oldest financial bank, FirstBank of Nigeria Limited says it has processed transactions worth over N6 trillion on its FirstMonie Agent network as at July 2020. Adesola Adeduntan, FirstBank’s chief executive officer, disclosed this recently at the bank’s FinTech Summit 4.0 webinar in Lagos, themed: “How Blockchain and Artificial Intelligence (AI) will Disrupt FinTech in Nigeria.” Adeduntan said: “With more than 60,000 Firstmonie Agent Banking locations, we have to date processed over 320 million customer transactions worth over N6 trillion on the…

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