Nigeria’s premier and foremost financial services provider, First Bank of Nigeria Limited has again validated its leadership position with the efficiency and promises to takes its consumers with products that will benefit their lives, but with the recent partnership agreement with Azuri Technologies, a leader in pay-as-you-go solar technology, will be a life-changing technology to its millions customers across the nation.
FirstBank just announced the unique partnership which will help deepen financial inclusion in Nigeria and bringing affordable, reliable and clean power to millions of Nigerians. With this partnership, the bank pay-as-you-go customers will be able to pay for their solar via FirstBank’s Firstmonie agent network and mobile payment solution. Firstmonie agents are positioned within rural and semi-urban locations across the country and provide basic financial services such as account opening, cash deposit, cash withdrawals and bill payments.
Speaking on the partnership, Group Executive, Retail Banking Group of First Bank of Nig. Limited; Mr. Tunde Owolabi, who represented Dep. Managing Director, Mr. Gbenga Shobo, stated that this partnership is aimed at proffering solution to one of the major challenges in the country today, and deliver power to millions of Nigeria, while at the same time enabling ourselves to financial services in the rural and low-income areas.
According to him ‘our customers will be able to access a wide range of services that address the rural problem such as access to power. Agency banking is our solution to financial inclusion and we started it last year, from the statistics we have seen it is something we are very excited about, and we believe as we grow that partnership network this partnership will also touch a lot of lives.
‘Partnership with Azuri technology is one out of the several of our partnerships. We have a track record of partnering with individuals and institutions to help meet the needs of our customers. They cut across the society; children, women, youths, small businesses and promote sustainable development in our host communities.’
‘We are still very relevant because of the kind of product and services we are offering. We claim to be in the forefront of providing financial service to our people, we are very excited about the FirstBank and Azuri partnership and the positive boost it aims to bring to the economy through the inclusive services.’
Azuri CEO Simon Bransfield-Garth also added that the partnership was a positive step in providing much-needed energy and enabling access to financial services in rural, low-income areas.
“This partnership combines the reach of FirstBank with Azuri’s technology and pay-as-you-go solar expertise to bring next-generation power to off-grid consumers in Nigeria,” said Azuri CEO, Simon Bransfield-Garth.
“Azuri and FirstBank share the vision of a level playing field where all consumers have the ability to benefit from modern financial and digital services, regardless of where they live and this agreement is another step in making that vision a reality.”
FirstBank has been at forefront of ensuring ease of banking for its customers, and agent banking network which tags the first bank agent, digital banking offers real-time banking on Whatsapp, first Mobile App, USSD banking are some of the channels, have put in place to ensure that this happens. For the past 125 years, we have continuously put its customers first by offering excellent financial services, we are 125 years old this year and we are very excited about it.