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Alert Group Targets ₦130bn Loan Disbursement in 2026

byTimothy Banjoko
January 16, 2026
in Business
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Alert Group Targets ₦130bn Loan Disbursement in 2026
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The Alert Group has announced plans to disburse about ₦130 billion in loans in 2026 as it ramps up support for micro, small, and medium enterprises (MSMEs) across Nigeria.

The disclosure was made during a media briefing in Lagos on Tuesday, where the Group Chief Executive Officer, Olanrewaju Kazeem, highlighted the company’s growth trajectory and strategic priorities. Alert Group operates through Auto Bucks Lenders, Alert Microfinance Bank, Green Bucks Limited, and Bucksfield Asset Management.

Kazeem said the group has recorded rapid expansion over the past three years, with total assets rising from ₦2.9 billion in 2023 to ₦63 billion by the end of 2025. Its customer base has also grown to more than 60,000. He attributed the performance to increasing public confidence in the group’s financial services.

Alert Microfinance Bank has expanded to 10 branches nationwide and is currently awaiting a national licence that would enable broader geographic coverage. According to Kazeem, the bank plans to open new branches in underserved regions to deepen access to finance for MSMEs.

Auto Bucks Lenders, the group’s SME-focused lending arm, is expected to account for ₦50 billion of the planned 2026 loan disbursement. Its Chief Executive Officer, Adetoun Olasunkanmi, said the subsidiary has disbursed over ₦40 billion to more than 2,000 SMEs since inception, with an active client base of about 800 businesses.

She noted that the company aims to grow its customer base by 50 per cent next year while maintaining strict credit standards. Loans will primarily target businesses with verifiable operations, with facilities starting from ₦5 million in Lagos and ₦2 million outside the state. Consumer loans will make up less than five per cent of the portfolio.

Beyond lending, the group plans to launch the GoldBucks investment app in February, positioning it as a digital platform for savings and investment. Its renewable energy subsidiary, Green Bucks Energy, has deployed over 100 solar systems to businesses and plans to support at least 1,000 enterprises in 2026 through flexible payment plans.

Kazeem said MSMEs remain central to the group’s strategy, stressing that responsible lending, transparency, and sound record-keeping are critical to sustaining growth.

Tags: financial servicesloansNigerian EconomySME Financing
Timothy Banjoko

Timothy Banjoko

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