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FirstBank Empowers Its Firstmonie Agents With Up To 1 Million Naira

In furtherance of the need to promote the business activities of its foremost agent banking platform – Firstmonie Agents – Nigeria’s leading financial inclusion services provider, First Bank of Nigeria Limited, has announced the provision of loan facilities – up to one million naira – to its banking agents. The Bank currently has over 86,300 Firstmonie Agents, spread across the country’s 772 Local Government Areas.

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SEC Releases Rule On Registration For Nominee Function

SEC

The Securities and Exchange Commission has released new rules requiring all persons not registered by the Commission as Custodians, carrying on the business of Nominee and holding securities including equities, money market and fixed income securities, derivatives etc. except Pension Assets, on behalf of actual owners to apply to the Commission for registration as a Nominee.

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