Tag Archives: Firstmonie

Getting rewarded for spending money is a dream that is probably going to remain exciting for many people, but not for the Firstmonie Wallet users. In a two month Transact and Win campaign that started on November 22, 2021, First Bank of Nigeria Limited is rewarding several customers for carrying out transactions on its Firstmonie Wallet application. 

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Barely a year after the launch of its Agent Credit scheme, First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, has announced that it has economically empowered its Firstmonie Agents with the sum of N100 billion. The Bank currently has over 120,000 Firstmonie Agents, spread across 772 Local Government Areas in the country.

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In this COVID-19 era where movement is restricted in some major parts of the world - including Nigeria - with many Banks and business reengineering efforts to improve the adaptability of their customers to electronic ways of carrying out business, Firstmonie Agents, an agent banking initiative from First Bank of Nigeria Limited is bridging the gaps and helping people to meet their needs of accessing the funds to buy food items and groceries as well as to send money to their loved ones. 

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First Bank of Nigeria Limited has disclosed that its Firstmonie network currently processes over 500, 000 transactions across the country daily.

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First Bank of Nigeria Limited said its re-launched Firstmonie agent network can now be found in every neighbourhood in the country. As part of its efforts to drive financial inclusion and deepen financial services across the nooks and crannies of Nigeria through cost effective channels, the Firstmonieagent network was relaunched in July 2017 with a pilot scheme of in six densely populated states of Lagos, Oyo, Kano, Abuja FCT, Anambra and Rivers. …

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