The First Bank of Nigeria is one of the oldest banks in Nigeria and also the biggest. The money deposit bank was founded in 1894 as the bank of British West Africa. but was renamed the first bank of Nigeria in 1979. The Financial firm currently has over 790 branches nationwide and a total of 7,616 employees. As of 2019, the First Bank Of Nigeria has generated a revenue of N10,675,000,000.
FirstCredit is the most flexible plan which allows you to access quick and simple loans without any collateral or documentation. Customers can apply for loans as high as ₦300,000 using a mobile phone or tablet. But there’s a catch.
The account must have been operational in First Bank for at least 6 months, alongside a good credit record. FirstCredit has an interest rate of 10% flat. Here’s how it works in a few easy steps:
- Dial *894#
- Select Loans
- Select FirstCredit
- Select Get New Loan#
- Select the account number with which you want to apply for the loan
- Grant data usage consent and accept terms and conditions
- You will be presented with 4 loan amount options
- Choose your desired loan amount
- The loan is disbursed into your account