FirstBank launches FirstMonie merchant solution to advance digital payments - ITREALMS

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FirstBank, the leading financial institution and provider of financial inclusion services in West Africa, has officially launched its FirstMonie Merchant Solution. This innovative platform is designed to enable merchants and businesses across Nigeria to seamlessly accept digital payments with efficiency and ease.

The FirstMonie Merchant Solution responds to the increasing need for dependable digital payment systems by offering a streamlined and automated onboarding process, an integrated referral system, and customizable features such as Pay with Transfer and Purchase.

Abductors demand N2.2bn ransom on Lagos merchant, Fouani, 3 others - ITREALMS

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The kidnappers of the Managing Director of Fouani Group of Companies, Mr. Mohamed Fouani, the franchise distributors of LG and Hisense Electronics products in the country, at the Lagos waterway, have reportedly contacted the company and family, demanding $1.5 million, about (N2,243,250,000.00 billion) as ransom, just as the Police said it has intensified investigations, reports ITREALMS.

An unconfirmed reports quoted this Sunday morning by ThisDay as saying that Mr. Fouani and three other Lebanese, were kidnapped on Friday evening, June 14, 2024 at the axis of Falomo Bridge, Ikoyi, Lagos, while travelling from Apapa to Victoria Island by boat.