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Alert Group Targets N130bn Loan Disbursements for MSMEs


The Alert Group has unveiled plans to disburse N130bn in loans in 2026, as it continues to expand its financial services across Nigeria and support Micro, Small and Medium Enterprises.

The announcement was made during a media chat in Lagos on Tuesday, where the Group Chief Executive Officer of Alert Group, Olanrewaju Kazeem, outlined achievements, growth strategy, and future plans.

The Alert Group comprises Auto Bucks Lenders, Alert Microfinance Bank, Green Bucks Limited, and Bucksfield Asset Management.

According to him, the group has recorded growth over the past three years. Its total assets have increased from N2.9bn in 2023 to N63bn at the end of 2025, while the customer base has grown to over 60,000. “The public has shown strong support, and we are grateful for that,” the CEO said.

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

Auto Bucks Lender, the group’s microfinance subsidiary focused exclusively on SME lending, will see its loan disbursement rise to N50bn in 2026.

“Auto Bucks has been operating for almost three years. Since inception, we have disbursed over N40bn to more than 2,000 SMEs, and our active customer base currently stands at 800,” the Chief Executive Officer of Auto Bucks Lenders Limited, Adetoun Olasunkanmi, said. “In 2026, we plan to grow the customer base by 50 per cent and maintain lending criteria to ensure portfolio quality.”

She added that loans will be directed primarily to SMEs with verifiable records.

“For Lagos branches, we provide loans from N5m and above, while branches outside Lagos issue loans of N2m and above. We maintain a robust credit assessment and risk management framework to ensure funds are deployed responsibly,” the MD said. He added that less than five per cent of the loans will go to consumer financing.

Additionally, Kazeem announced the launch of the GoldBucks investment app in February, which will 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 N2bn 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 CEO emphasised that the group’s strategic focus remains on MSMEs: “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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