Firstmonie Leads Bank-Led Agency Banking with Over ₦1.1 Trillion in Transactions

Firstmonie, the agency banking division of First Bank of Nigeria, has emerged as the largest bank-led player in Nigeria’s agency banking market, processing over ₦1.1 trillion in transactions in 2023. According to data from payments provider Interswitch, this figure exceeds the combined transaction volumes of Access Bank, Zenith Bank, Stanbic IBTC, Union Bank, Ecobank, FCMB, […]