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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.

CrediCorp announced that civil servants enrolled in the Integrated Payroll and Personnel Information System (IPPIS) will be eligible for special offers.Photo credit – StateHouse, TekediaSource: UGC

According to CrediCorp, the collaboration is expected …

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