First Bank Nigeria - First Bank of Nigeria Plc – Free Tips
The bank's policy of giving bonus shares to existing shareholders every couple of shares has made this bank's shares a favorite among stock market investors in Nigeria. Besides, the bank does good business investing in major projects in Nigeria from manufacturing, to telecommunication, to Nigeria real estate, to education and agriculture.
The bank offers . . .
But then this is not a problem peculiar to this bank. It's a common feature with virtually all the banks in Lagos Nigeria and, indeed, banks everywhere in Nigeria. The problem often is caused by the poor internet and network facilities in Nigeria.
Many Nigerian network service providers have this terrible habit of charging cut-throat fees and providing network connectivity that is far from being perfect. Every so often, you find that the network just doesn't work.
All in all, Nigeria is on the move.
Yes, we are moving slowly. In fact, some say we are moving at snail's speed. But the good thing is . . . we are moving. And first bank of Nigeria is a prominent player in this shift by banks to offering more e-services.
If you're currently not keyed into this new face of banking, it's time you join the train.
The bank has had good success with issuing and managing loans. Recent promos has seen the bank offer winners mouth-watering cash prices as well as opportunities to buy household items and cars using what is called "no wahala loans".
A friend was able to buy a brand new Toyota Corrola with one of this loan offers. And the repayment schedule has been fair. In fact, one good thing about this bank is that you get a loan repayment schedule that shows the repayment structure and amount over the life of the loan. That helps you plan your financial life after the loan.
The bank's support for Lagos Nigeria real estate investing through its mortgage loan scheme has been amazing. A good number of Nigerians have been able to buy the property of their dreams through this means. And the mortgage loan scheme is not limited to Lagos real estate alone. Every investor all over Nigeria had a fair opportunity to invest in real estate anywhere in the country with mortgage loan from First Bank.
A word of caution.
Take bank loans only when you need to and be sure to read the fine prints below you commit to a loan from any bank. Don't signoff your life!