Sharing is caring!

How to become a Firstmonie Agent.

With the hours I have to stay in the bank to make a transaction or withdraw money from the ATM because of the long queue has made going to the bank one of my worst fears. If you stay in Port Harcourt like me or in any of the crowded cities in Nigeria where it is very difficult to see an ATM that has no queue or you have to stay in a banking counter to make a payment or withdrawal you will understand what am talking about.

With the advancement of technology and how it can help to reduce the stress of humans, banks have found a way to use technology to reduce the over-dependence of having to go to the bank to make any transaction.

For this to work effectively and reduce the number of people going to the bank, banks have started partnering with small businesses to use them as an outlet where people can go and perform the same transaction they would have gone to the bank to do. With this, the stress of going to the bank and queuing in front of an ATM will reduce and First Bank of Nigeria has made this possible.

Attention: IJAM Exchange recently came up with three(3) highly recommended exchange business masterclasses which you can read more about by visiting

About First Bank

First Bank of Nigeria which was founded in 1894 is one of Nigeria’s most used and trusted bank with over 15 million active customers and over 1,000 branches scatted across Nigeria. The bank which has also gone global having presence in other parts of the world such as Paris, Ghana, Republic of Congo, Senegal, London etc. has been able to withstand the test of time as it focuses mainly on providing quality and efficient services to its customers and has earned the award as the most valuable bank brand in Nigeria from 2011 to 2015 by the Bankers Magazine.

About First Bank FirstMonie

The program which was launched by First Bank of Nigeria in July 2017 as a six month scheme in six different states of the nation namely Lagos, Kano, Abuja FCT, Oyo, Rivers and Anambra to test the Firstmonie Agent network of providing financial services to the public recorded a huge success after its six month in December 2017 which made the bank to re-launch the scheme in January 2018. According to, Firstmonie Agents processes over N1billion transactions daily.

With the Firstmonie scheme, customers can now easily perform financial services using their smartphone thereby reducing the risk and cost of having to go to the bank.

For you to be able to use the Firstmonie, you will have to register by dialing *894£ using any sim card or visit to register.   When it comes to funding the account that’s when a Firstmonie Agent is needed as they accept cash and fund your account for you. You also can tap into this and make extra cash as a Firstmonie Agent.

Services Offered By A FirstMonie Agent

The services a Firstmonie Agent performs include the following:

  • Open Account
  • Pay Bills
  • Customer enquires about First Bank products
  • Buy airtime
  • Deposit money
  • Withdraw money
  • Transfer money to other banks
  • Check your account balance
  • How To Become A FirstMonie Agent

This can be done if you have a small business or as an individual looking for other ways to earn money and for you to be able to be a Firstmonie Agent you must have a Certificate of Registration and an Identification Number which will be issued to you when you are approved by First Bank. One of the key criteria’s is that you must have a physical location where your business would be located which can easily be accessed by people whether it is registered with Cooperate Affairs Commission or not (It is advisable that you register your business).

Things You Need To Be A Firstmonie Agent

  • An existing business
  • A good location
  • A minimum of ₦50,000 to start
  • Complete the Firstmonie Agent registration form and execute an agreement
  • Any valid identification (Voters Card, Driver’s License, International Passport etc.)
  • And any other relevant documents

If you are interested in becoming a Firstmonie Agent then you can head over to any FirstBank branch near you and get your form.

Attention: IJAM Exchange recently came up with three(3) highly recommended exchange business masterclasses which you can read more about by visiting


Read Also: How To Start A VTU Service Business In Nigeria 


  1. I’d have to check with you here. Which is not something I usually do! I enjoy reading a post that will make people think. Also, thanks for allowing me to comment!

  2. must I get the registration of company and what did it have to do with small business that I want to start to take care of my family.

Leave a Reply

Your email address will not be published.