Glamtush
No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
No Result
View All Result
Glamtush
No Result
View All Result
Home Business & Brands

First Bank Promotes Financial Inclusion Amongst Children With KidFirst And MeFirst Accounts

byeditor
November 20, 2020
in Business & Brands
Reading Time: 2 mins read
FirstAdvance
Share on FacebookShare on TwitterShare on PinterestShare on WhatsappShare on LinkedinShare on Telegram

First Bank Promotes Financial Inclusion Amongst Children With KidFirst And MeFirst Accounts

 

READ ALSO

FirstBank Partners UNGC To Drive Sustainable Finance And Unlock Capital For Development

Access Holdings Reaffirms Strategic Growth Plan From Expansion To Optimisation

 

First Bank of Nigeria Limited, Nigeria’s premier and leading financial Inclusion services provider has announced its variant account products – KidFirst and MeFirst created to encourage the right savings culture among children from 0-17 years.

The offerings have relevant enhancements including appropriate parental guidance and financial discipline for children as they grow into adulthood. Both accounts can be opened with zero balance and operated with a minimum balance of N100.00.

KidsFirst Account is designed for children between the ages of 0 and 12 years to sensitise them on how exciting saving can be. The account comes with a trendy gift item for the child when the account is opened with a minimum of N10,000.00. The account is automatically transited to MeFirst account when the child is 13 years old.

MeFirst account, on the other hand, is designed for teenagers between the ages of 13 and 17.  This account is created in recognition of the need to help teenagers embrace the culture of financial responsibility and cashless payment  as they develop into young adults. They have access to attractive and trendy pre-paid cards through which parents/guardians can credit weekly/monthly allowance and monetary gifts. MeFirst account holders can select from 5 exciting card design options that suites their trendy style.

The Mefirst cards are enabled to pay for micro online shopping as desired – mobile games, apple music, Spotify and local POS transactions as well. Teens are thereby exposed to the cashless culture and electronic payment activities early in life, which is expedient in today’s digital age. Parents and guardians of the child are granted access to track and control the spend pattern.

Speaking on the accounts, Gbenga Shobo, FirstBank’s Deputy Managing Director said, “we are delighted with the role we play in promoting financial literacy amongst children and teenagers in the country. Our KidsFirst and MeFirst accounts are designed to ensure that parents and guardians are able to have their wards exposed to the right savings culture and financial discipline as they evolve to adulthood.”

“With these accounts, parents are able to save and strengthen their preparedness for various financial obligations of their children like paying for school fees as they progress with their academic pursuit which is pivotal to securing the future of the children. KidsFirst and MeFirst accounts are essential gifts from parents to their children.”

Related Posts

UNGC
Business & Brands

FirstBank Partners UNGC To Drive Sustainable Finance And Unlock Capital For Development

July 16, 2025
Access Holdings
Business & Brands

Access Holdings Reaffirms Strategic Growth Plan From Expansion To Optimisation

July 16, 2025
Polaris Bank
Business & Brands

Polaris Bank Commits To Continuous Investment In Journalism Excellence

July 15, 2025
Autism Advocacy
Business & Brands

GTCO Marks 15 Years Of Autism Advocacy With Pan-African Conference “From Awareness To Action”

July 14, 2025
Woodhall Capital
Business & Brands

Woodhall Capital In Partnership With Polaris Bank, Uk & Lagos State Governments, Launch ₦1.5 Billion Fund To Scale Nigeria’s Creative Economy

July 14, 2025
Empowering Women
Business & Brands

Empowering Women At Work: How Union Bank’s Family-Friendly Revolution Is Setting New Standards

July 11, 2025
Next Post
Tastes Of Africa Food Festival

Q3 2020: UBA Grows Gross Earnings To N454.4 Billion, Delivers N90.4 Billion PBT

LATEST COVER

Priscilla Ojo

GPBN Associates Member

Fidelity Bank

Zenith Bank

Megastar Media Communications

Megastar Media Communications Donates Ultra-Modern Solar-Powered Toilet Facility To Abuja School

July 17, 2025
UNGC

FirstBank Partners UNGC To Drive Sustainable Finance And Unlock Capital For Development

July 16, 2025
Buhari

Why I Couldn’t Attend Buhari’s Funeral – Peter Obi

July 16, 2025
Access Holdings

Access Holdings Reaffirms Strategic Growth Plan From Expansion To Optimisation

July 16, 2025
Atiku Abubakar

Atiku Abubakar Resigns From PDP

July 16, 2025
National Assets

CDS Urges Community Ownership Of National Assets, Commends PINL On Zero Infractions

July 16, 2025
Muhammadu Buhari

SDNON Mourns Former President Muhammadu Buhari, Awujale Of Ijebuland

July 15, 2025
Buhari Buried

Buhari Buried In Hometown Daura

July 15, 2025
Buhari Body

Buhari’s Body Arrives In Katsina

July 15, 2025
Buhari's Burial

Buhari’s Burial Holiday: Five Major Events Postponed

July 15, 2025

GLAMTUSH

 

Glamtush publishes the latest trends in fashion, beauty, and lifestyle, as well as those making the fashion world interesting and adorable.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us

REACH OUT

Do you have any news for us? Event Coverage, Press Releases or Adverts? Then reach out to us via glamtush@gmail.com or glamtush15@gmail.com

OFFICE ADDRESS

Lagos, Nigeria

Copyright © 2022 Glamtush

  • About Us
  • Advertise
  • Contact Us
  • Disclaimer
  • Glamtush – Nigeria News, Nigerian Newspapers, Naija News
  • Glamtush – Nigeria News, Nigerian Newspapers, Naija News
  • Terms And Conditions
  • Write for Us

© 2022 Glamtush

No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events

© 2022 Glamtush