Stock QuotesEurobonds ($)
NIGERIAN EUROBONDS JANUARY 13 2021: 6.75% US$500M JAN 2021– 100.170/1.977%, 5.625% US$300M JUN 2022– 103.981/2.803%,  6.375% US$500M JUL 2023– 108.604/2.777%, 7.625% US$1.118BN NOV 2025– 115.316/4.108%,  6.500% US$1.5BN NOV 2027– 108.828/4.966, 7.143% US$1.25BN FEB 2030 – 108.401/ 5.934%, 8.747% US$1.0BN JAN 2031 – 117.338/6.378%,   7.875% $1.50BN Feb 2032 – 110.493/6.529%,   7.696% $1.25BN Feb 2038 – 106.603/7.026%,  7.625% $1.50BN Nov 2047 – 105.262/7.179%,   9.248% $750M Jan 2049 – 117.399/7.722%.
Business Finance Info & Updates

First Bank launches virtual payment card

First Bank of Nigeria Limited says it has launched a virtual payment card, a naira-denominated debit card and digital representation of the plastic debit card.

A statement from the bank on Sunday, titled ‘FirstBank begins the year with an innovative, convenient virtual payment card’, said the card was designed to be linked to either a customer’s operative account or wallet account.

It said, “The FirstBank virtual payment card is a suitable alternative to the use of cash and cheques, with its wide-range features, which include the ability of cardholders to protect his/her card using the block and unblock capabilities; PIN reset; change PIN as well as view statement at one’s convenience.

“It also enables diaspora customers to spend from his/her FirstBank account within the spend limit advised by the bank without the need for a physical card.”

According to the bank, the virtual payment card is a safe, convenient, and an easy way of making e-commerce payments, amongst other functionalities.

The bank said, “The virtual payment card can be created via the bank’s leading digital channels: FirstMobile or Firstmonie Wallet applications.

“Customers can download the card, activate the card and consummate transactions all at once from the comfort of their homes/offices. No branch visit is required.

“Customers are advised to update their mobile application to the latest version, then select card services on the FirstMobile App and ‘my virtual card’ application to create a virtual card at the cost of N215 (VAT inclusive).”

Read Also:  Nigeria, Ghana, others fail to meet criteria of single currency

Speaking on the launch, the Deputy Managing Director, First Bank of Nigeria Limited, Mr Gbenga Shobo, said, “The launch of our virtual payment card is yet another secure and seamless way we promote electronic banking, while enabling customers to carry-out their transactions on the web.

“The virtual payment card is also designed to guard against the spread of the COVID-19 as it does not require physical interaction between the customer and FirstBank branches. We enjoin our customers to download the application and stay ahead in modern banking.”

Punch

Leave a Reply

Your email address will not be published. Required fields are marked *

CAPTCHA ImageChange Image