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Alert Group Targets N130bn Loans To MSMEs In 2026

Jerry Emmason by Jerry Emmason
5 months ago
in Business
Alert Group
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As part of its expansion strategy to support businesses across Nigeria, the Alert Group has unveiled plans to disburse N130 billion in loans to Micro, Small, and Medium Enterprises (MSMEs) in 2026.

The Group, which comprises Auto Bucks Lenders, Alert Microfinance Bank, Green Bucks Limited, and Bucksfield Asset Management, has recorded significant growth, with total assets increasing from N2.9 billion in 2023 to N63 billion at the end of 2025, and a customer base of over 60,000.

The group’s chief executive officer, Olanrewaju Kazeem, stated this at a media chat held in Lagos, where he outlined the group’s achievements, growth strategy, and plans.

“Alert Group total assets have increased from N2.9 billion in 2023 to N63 billion at the end of 2025, while the customer base has grown to over 60, 000,” Kazeem stated.

Though, he further highlighted the expansion of Alert Microfinance Bank, which now operates 10 branches and is awaiting a national licence that will allow it to extend operations across the country, he said that the Group has also recorded growth over the past three years.

“We intend to open additional branches in regions where we are not currently present to support more MSMEs,” he added.

“For Lagos branches, we provide loans from N5 million and above, while branches outside Lagos issue loans of N2 million and above. We maintain a robust credit assessment and risk management framework to ensure funds are deployed responsibly,” the MD said.

He added that “with this growth in assets, our lending capacity has also seen a significant increase. In 2025, the group disbursed approximately N55 billionin loans.

The Group is looking to disburse N130 billion in loans to boost MSMEs’ businesses in 2026. With less than five per cent of the loans will go to consumer financing.”

 

Kazeem added that the launch of the GoldBucks investment app in February will allow customers to access money market, capital market, and treasury instruments seamlessly.

 

“The GoldBucks app is designed to be a financial supermarket. It will allow both urban and rural Nigerians to save, invest, and grow their assets efficiently,” he said.

 

On the renewable energy front, Green Bucks Energy has deployed over 100 solar power systems to businesses and intends to expand support to at least 1,000 enterprises in 2026.

 

“We provide renewable energy solutions without immediate capital outlay. Businesses can pay over a year or two, helping them grow while we scale up power access,” the CEO said.

 

The Alert Group has also intensified its corporate social responsibility programmes, including scholarships, free eye tests, and clean water initiatives.

 

“In 2025, we gave free eye tests to over 400 people and provided N2 billion towards clean water projects. In 2026, we plan to distribute at least 1,000 eyeglasses and expand our impact in education, water, and healthcare,” he added.

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The Group CEO emphasised that the Group’s strategic focus remains on MSMEs, saying “our goal is to support serious, viable businesses while maintaining a healthy loan portfolio. Transparency and proper record-keeping are key to ensuring our customers and investors benefit from our operations.”

 

 

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