Good News as Nigerian Civil Servants Get Set to Receive N100 Billion Credit Alert [Video]

• CrediCorp is set to kick off the disbursement of consumer credit schemes to economically active Nigerians nationwide
• The credit scheme is expected to significantly boost access to consumer credit, initially targeting civil servants
• Through the program, the FG will offer discounted loans to over 15,000 civil servants per batch, hoping to reach over 500,000 within a year

Legit.ng journalist Victor Enengedi has over a decade’s experience covering Energy, MSMEs, Technology and the Stock Market.

The Nigerian Consumer Credit Corporation (CrediCorp) has announced that 500,000 civil servants will benefit from a N100 billion consumer credit program.

This was disclosed during the signing of a memorandum of understanding (MoU) with Credit Direct, a subsidiary of FCMB Group, marking the initiative’s launch in Lagos.

According to CrediCorp, the collaboration is expected …