ABOUT US

The Nigeria Consumer Credit Corporation (CrediCorp) is a company owned by the Federal Government of Nigeria. CrediCorp has one mission: to accelerate consumer credit access to 50% of working Nigerians by 2030. CrediCorp achieves this mission by:

A) fixing the structural barriers to accessing consumer credit in Nigeria.

B) catalysing the market with capital, guarantees, and policy.

 

CrediCorp including its consumer credit guarantee fund, works closely with the Central Bank of Nigeria, the financial sector, identity management, credit registries, fintechs, consumer protection, and policy makers on this mission.

 

The CrediCorp business is focused on the following:

1. Strengthening Nigeria's credit reporting systems, ensuring every economically active citizen has a dependable credit score. This score becomes personal equity they build, facilitating access to consumer credit.

2. Offering credit guarantees and wholesale lending to financial institutions dedicated to broadening consumer credit access today.

3. Promoting responsible consumer credit as a pathway to an improved quality of life, fostering a cultural shift towards growth and financial responsibility.