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Home Banking Digital

First Bank of Nigeria 🇳🇬 has announced the release of its LIT application in 2021, as a commitment towards the Nigerian people

First Bank of Nigeria’s LIT application is the first of its type in the Nigerian industry

Sakshi K S by Sakshi K S
September 7, 2021
in Digital, Technology, The Global Economics, Top Stories
Reading Time: 3 mins read
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Nigeria: First Bank of Nigeria has announced the release of its LIT application as a commitment towards the Nigerian people

Nigeria: First Bank of Nigeria has announced the release of its LIT application as a commitment towards the Nigerian people

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First Bank of Nigeria has announced the release of the LIT application, which was created to transform the experience and culture of digital banking (especially mobile banking) in Nigeria. The bank has launched the LIT application as persistence towards its commitment to providing valuable mobile and digital banking facilities to the people of Nigeria.

The LIT application is the first of its type in the Nigerian industry. It exposes the consumers to a plethora of opportunities to enhance their convenience and safety while guaranteeing their flair in the present digital banking world. The mobile banking application has been developed and owned by the First Bank of Nigeria. The LIT application is wholly configured with an array of exciting features that do justice to the needs of its end-users.

First Bank of Nigeria launched the LIT application for Nigeria

First Bank of Nigeria’s LIT application is etched with several exhilarating features that restate the bank’s commitment to constantly enhancing its digital architecture to streamline its interaction with end-users from across the globe. The LIT application is inclusive of (but not limited to) funds transfer, airtime recharge, and bill payments.

The exciting features of the LIT application encompass account opening prospects for non-customers (along with the management of the accounts via assistance from relationship managers) and multiple transfers which allows consumers to hand-pick several beneficiaries in one single transfer.

Additionally, end-users can generate bank account statements in a “send email” format or as a downloaded pdf file. With First Bank of Nigeria’s LIT application, consumers will also be able to record and manage their queries and complaints without physically visiting the branch. The LIT application also facilitates exciting rewards to its users for utilizing the application.

Dr. Adesola Adeduntan, CEO of the First Bank of Nigeria Ltd, expressed his excitement owing to the launch of the LIT application. He said that the application is created to enhance the bank’s commitment towards consumers by safeguarding their funds and by making transformative and adaptable solutions completely accessible to them. All this will be facilitated in the bank’s digital banking medium.

The LIT App is the newest addition to First Bank’s several digital banking portals. The bank boasts a plethora of electronic banking services like – FirstMobile, FirstOnline Internet Banking, *894# USSD Banking, WhatsApp Chat Banking, etc. The bank boasts many other digital services apart from the above-mentioned services.

About First Bank of Nigeria

Since its launch in 1894, First Bank of Nigeria has cemented itself as a brand of unique dynamics and great strength. The bank upholds one of the leading positions in Sub-Saharan Africa. It boasts a market-leading distribution capacity and renowned brand recognition amongst its vast consumer base. The bank envisions itself to be a holistic experience for all stakeholders.

The bank is present in over 750 locations in Nigeria. The bank facilitates one of the biggest domestic sales channels in the nation. First Bank of Nigeria initiated electronic banking and international money transfers in the nation, with a large consumer base of over 14 million accounts.

The bank’s strategy is to target the restructuring of the business and take an advantage of all the growth opportunities that are available in Nigerian geography. The bank pursues these strategies to enhance its calibre in providing world-class banking services. The bank is pursuing its expansion over strategic business endeavours by constantly executing a methodical international expansion blueprint.

First Bank of Nigeria‘s strategy provisions the bank’s goal of becoming the foremost Sub-Saharan African financial provider. Constant execution of this strategy will facilitate a long-term profitable growth curve, develop essential franchises, and serve valuable stakes to all consumers.

Via: Short URL
Tags: digital bankingFirst Bank of NigeriaLIT applicationmobile bankingnigeria
Sakshi K S

Sakshi K S

Sakshi is a professional content writer engaging readers with gripping business news stories.

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