First Bank approves loans for its agents across Nigeria

FirstBank of Nigeria Limited has approved  loans of up to N1 million to its agents across Nigeria
Acccording to the foremost bank, the aim is to further promote the business of the Firstmonie agents.
It should be noted that the bank has over 86,300 Firstmonie Agents, which are spread across the country’s 772 local governments.
With this massive spread, the agents are helping in saving  time and travel costs for individuals as regards financial Inclusion.
Speaking on the loan, the Group Executive, e-Business & Retail Products, First Bank, Chuma Ezirim, said: “The roles played by our Firstmonie Agents in promoting businesses across the nooks and crannies of the country cannot be overemphasized as they have continued to set the pace in extending financial inclusion to communities with little or no access to financial services.
“With our Firstmonie Agents in every neighbourhood, several communities have witnessed a surge in business and financial activities, which is contributory to national growth and development. We commend our Agents and are delighted to support them with credit facilities, which they can access 24 hours a day in less than two minutes.”