Alert Group has reported a 121 per cent increase in loan disbursements, reaching over N23bn in the first half of 2025.

The group, which operates through its subsidiaries Auto Bucks Lenders and Alert Microfinance Bank, disclosed the figures during its mid-year business review.

The group’s total revenue also rose by 133 per cent between the first and second quarters of 2025. By the end of the first quarter, Alert Group had generated more than 80 per cent of its total revenue for the entire year of 2024.

Alert Group’s loan portfolio expanded 41 per cent from 2024 to the end of the first quarter of 2025, surpassing N24bn.

The company highlighted a broad sectoral funding mix, with the food sector being the largest recipient.

The group maintained a portfolio at risk of 3.5 per cent, well below the Central Bank of Nigeria’s benchmark and the industry average.

In addition, digital transactions through Alert Group’s platforms exceeded N100 bn, reflecting increased use of POS terminals, mobile apps, and other electronic channels.

The company also announced the launch of its WASH loan product to support micro, small, and medium enterprises in the water, sanitation, and hygiene sector. This initiative was developed in partnership with Aqua for All.

Alert Group further revealed the migration of over five per cent of clients from Alert Microfinance Bank to Auto Bucks Lenders. These clients, having exceeded the N70m obligor limit for microfinance institutions, were transitioned to access higher loan amounts.

Looking ahead, Auto Bucks Lenders plans to introduce a Green Loan to finance renewable energy solutions and is developing targeted education financing products.