First City Monument Bank (FCMB) and travel firm 247 Travels launch a financing programme called “Book Now, Fly Later” for international flight tickets. Under the scheme, eligible customers can borrow up to ₦10 million to purchase air tickets and repay the loan over a period ranging from three to nine months. The programme is aimed at helping Nigerians manage travel expenses for purposes such as business travel, education, healthcare, tourism and visiting family.
Both outlets describe the initiative as a way to spread the cost of international travel rather than paying the full ticket price upfront. The articles also frame the partnership as a bank–travel agency arrangement, with FCMB providing the financing and 247 Travels facilitating ticketing and travel services. No specific details on eligibility criteria, interest rates, or required documentation are included in the excerpts provided. The launch reflects a broader push by financial institutions to offer installment-style payment options for travel and other consumer needs.
