First Bank targets 500,000 Agents to Boost Financial Inclusion

The Nigerian multinational bank and financial service provider First Bank Nigeria (FBN) Plc has revealed its plans to get on board its agent money platform up to 500,000 operators to improve access to finance and enhance financial inclusion in the country.

This was unveiled by FBN’s Chief Executive Officer, Dr. Adesola Adeduntan, at the opening ceremony of the 12th Annual Conference of the Chartered Institute of Nigerian Bankers (CIBN) in Abuja. Its theme: “the future of the Nigerian banking industry – 360”.

He mentioned that the bank would engage 500,000 agents across the country to ensure that its financial services become accessible to a lot of Nigerians.

In his remarks, he said First Bank would support all effort to ensure effective financial inclusion in Nigeria.

He added: “We have a very ambitious plan to appoint about 500,000 agents across the nook and cranny of our country and to ensure that banking facilities and services are made available to our people.”

He noted that the banking sector in Nigeria remained the primary partner to the government with regards to economic growth and development in the country.

“If we do not interrogate those opportunities and mainstream them properly, the country and the entire economy will be left behind,” Adeduntan injected.