Share
First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, is rewarding customers with N5 for every dollar received through foreign remittances.
This N5 for a dollar incentive is paid to FirstBank’s customers regardless of their preference to collect the dollars as cash across the counter in any of the bank’s over 750 branches nationwide or as transfer into the customers domiciliary accounts.
The reward to customers is in line with the Central Bank of Nigeria’s ‘Naira 4 Dollar scheme’, driven to promote diaspora remittances into the country. For example, a customer that receives $10,000 gets N50,000 as reward. The scheme runs from Monday, 8 March – Saturday, 8 May 2021.