First Bank of Nigeria has announced that its Firstmonie network since its relaunch in 2018 has recorded processed transaction worth a total of N1 trillion.
The bank also disclosed it had taken a giant stride and recorded a great feat in the area of financial inclusion as it has attained nationwide coverage in record time and had made financial services available in many locations where residents had no access to financial services. This is in line with the Central Bank of Nigeria (CBN)’s objective of bringing banking services close to all Nigerians, irrespective of where they live.
FirstBank’s Firstmonie service provides financial/banking solutions to rural and semi-urban locations across the country, such as account opening, cash deposit, cash withdrawals, airtime purchase, bill payments and much more. Through this channel, the Bank is committed to providing convenient services that endear trust and provides ease of access to banking products, thereby saving time and travel costs for users of our network.
While speaking on the achievement, Dr. Adesola Adeduntan, the Chief Executive Officer, First Bank of Nigeria Limited said, “The Firstmonie scheme is supporting the Federal Government’s empowerment and job creation agenda as over 22,000 Nigerians, through this scheme, contribute to the increased economic activities of their neighborhoods. Our partner network is growing and we are particularly delighted about the progress we are making in actively driving nationwide Financial Inclusion, exposing communities to opportunities for growth, jobs, empowerment, and improved live conditions. Yet again, we are delighted to score another first in promoting financial inclusion in the country.”
“We appreciate our partner network and remain committed to working together to achieve even greater impact on the lives of Nigerians”, he concluded
