News hotlines: 08111813019, 08025868561
Email: firstname.lastname@example.org, email@example.com
The ongoing window opened by First City Monument Bank (FCMB) for Small and Medium Enterprises (SMEs) has raised the visibility of the banks as more states are cashing on the scheme for their citizens.
Only recently, the bank has signed a Memoranda of Understanding (MoU) with Bizi Mobile Cashless Consultancy on the social intervention feeding programme of the federal government in Jigawa State.
Details from the managing director/CEO of Bizi Mobile, Alhaji Aminu Bizi, show that the pact will see his agency interface between the bank and its customers located within the 27 local government areas.
He said “For example, the woman in the rural area where there is no bank who will be participating in the federal government’s social intervention school feeding programme, will go to any Bizi Mobile agent in her locality to collect her money through mobile banking.”
Alhaji Bizi explained further that the pact is very important because Bizi Mobile will serve as a solution in rural areas where there is no banking, because Jigawa State has only one FCMB branch.
“Bizi Mobile Cashless Consultant Limited are the only reliable banking agency in Nigeria, hence the endorsement we are receiving from key players in the banking industry.
“We are poised to ensuring that every Nigerian is provided with mobile banking facility through our network that covers the length and breadth of the nation,” he added.
Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a one stop news gateway for governments, foreign and indigenous investors.