FirstBank, Pointek Ease Gadget Purchases with Credit Scheme

By BUKOLA ARO-LAMBO and SAMUEL TYOTSUA, Lagos
FirstBank of Nigeria Limited has partnered technology retailer Pointek to enable eligible customers to purchase smartphones, laptops, AirPods and household appliances on credit, with repayment spread over three or six months.
The arrangement requires customers to pay 30 per cent of the purchase price upfront, while FirstBank finances the remaining 70 per cent and pays Pointek directly. The partnership integrates FirstBank’s FirstEase digital lending product into Pointek’s retail channels, allowing customers to access financing at the point of purchase.
FirstBank’s Group Head, E&RP, Abednego Ugwueke, speaking at a press conference to laun...