• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, October 21, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Alert Group Targets N130bn Loans To MSMEs In 2026

Jerry Emmason by Jerry Emmason
9 months ago
in Business
Alert Group
Share on WhatsAppShare on FacebookShare on XTelegram

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.

RELATED NEWS

Stakeholders Seek Formalisation Of Transport Sector At CILT Nigeria Conference

Net Domestic Credit Rises to N123.34trn As Money Supply Expands 24.5%

Labour Union Pickets Construction Company Over Anti-union Practices

 

“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.

 

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.”

 

 

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works

Jerry Emmason

Jerry Emmason

OTHER NEWS UPDATES

Stakeholders Seek Formalisation Of Transport Sector At CILT Nigeria Conference
Business

Stakeholders Seek Formalisation Of Transport Sector At CILT Nigeria Conference

23 minutes ago
Cash Outside Banks Rises to N5.19trn as Credit Rebounds
Business

Net Domestic Credit Rises to N123.34trn As Money Supply Expands 24.5%

48 minutes ago
Labour Union Pickets Construction Company Over Anti-union Practices
Business

Labour Union Pickets Construction Company Over Anti-union Practices

3 hours ago
Next Post
LEADERSHIP Governors Of The Year 2025

LEADERSHIP Governors Of The Year 2025

LATEST UPDATE

Ekiti Assembly Passes State Police Bill, Transmits Document, Observations To NAss

2 minutes ago

Ebola Scare: NBMA Offers Experts For FCT Containment Efforts

7 minutes ago

Kimmich Out Of Bayern’s Arsenal Match After Family Bereavement

20 minutes ago

Chukwueze Set For Spell Out After Hip Injury

23 minutes ago

Stakeholders Seek Formalisation Of Transport Sector At CILT Nigeria Conference

23 minutes ago

Plateau Indigenous Youths Dismiss Campaign Of Calumny, Petition Against Security Operatives 

24 minutes ago

CSO Clarifies Certificate Fee At Auchi Polytechnic

26 minutes ago

Macron Visits Saudi Arabia In Show Of Solidarity Amid Houthi Attacks

29 minutes ago

Ebola: 5 Things To Know About Bundibugyo Strain As Nigeria Confirms First Case

30 minutes ago

Russia Frees US Citizen Stephen Hubbard As Trump Envoy Meets Putin

32 minutes ago
Load More
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.