First Bank of Nigeria Limited has announced that its Firstmonie network has processed a cumulative transaction value of N1 trillion from its relaunch in January 2018.
The bank says its network achieved nationwide coverage in record time.
This, it said, is in line with the objective of Central Bank of Nigeria (CBN) to bring banking services close to Nigerians irrespective of location.
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 says it is committed to providing convenient services that endear trust and provide ease of access to banking products, so as to save time and travel costs for users.
Chief Executive Officer of First Bank, Adesola Adeduntan 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.”
