Nigeria: First Bank plans to reward customers with N36m

First Bank of Nigeria has initiated the second season of its Cash Out promo to reward users of FirstMobile, its mobile banking solution.

The FirstBank Cash Out Promo 2.0, scheduled to run until March 15, 2024, welcomes both new and existing customers, as stated by the bank.

Group Executive, e-Business & Retails Products, FirstBank, Chuma Ezirim, speaking on the promo said, “We are excited to launch the second season of the FirstMobile CashOut promo which is designed to empower our customers with a wide range of innovative banking solutions at their fingertips on the go. Our goal is to continually enhance our customers overall digital banking experience and satisfaction. The promo gives us an opportunity to reward and celebrate our esteemed customers’

The promo leading to the grand finale with N1m to be won encompasses three categories, offering N10,000 worth of airtime and data, N20,000, and N100,000, respectively.

In the first category, 100 lucky customers will win N10,000 worth of airtime and data each week for completing a minimum of five transactions on the FirstMobile app. In the second category,100 lucky customers will win N20,000 each for carrying out a minimum of ten transactions weeklyand 50 lucky customers who carry out 25 transactions each month will be rewarded with N100,000 each.

Meanwhile, FBN Holdings, the parent company of First Bank, has released its unaudited condensed financial statements for the financial year 2023.

The group achieved a profit before tax of N362.24bn during the year, reflecting a remarkable 129% growth from the N157.90bn reported in 2022.