The Alert Group has unveiled plans to disburse N130 billion in loans across Nigeria in 2026, furthering its commitment to support Micro, Small, and Medium Enterprises (MSMEs) and expand access to financial services nationwide.
The announcement was made during a media briefing in Lagos on Tuesday, where the Group Chief Executive Officer, Olanrewaju Kazeem, highlighted the group’s achievements, growth strategy, and future initiatives. The Alert Group comprises Auto Bucks Lenders, Alert Microfinance Bank, Green Bucks Limited, and Bucksfield Asset Management.
According to Kazeem, the group has recorded remarkable growth over the past three years, with total assets rising from N2.9 billion in 2023 to N63 billion at the end of 2025, while its customer base has grown to over 60,000. “The public has shown strong support, and we are grateful for that,” he said.
Alert Microfinance Bank, the group’s banking arm, now operates 10 branches and is awaiting a national license to extend its operations across the country. Kazeem noted, “We intend to open additional branches in regions where we are not currently present to support more MSMEs.”
Auto Bucks Lender, the group’s SME-focused microfinance subsidiary, will increase its loan disbursement to N50 billion in 2026. Since its inception, it has disbursed over N40 billion to more than 2,000 SMEs, with an active customer base of 800. Adetoun Olasunkanmi, MD of Auto Bucks, said, “In 2026, we plan to grow the customer base by 50 per cent while maintaining strict lending criteria to ensure portfolio quality.”
Loans will primarily target SMEs with verifiable records. For Lagos branches, loans start at N5 million, while branches outside Lagos offer loans from N2 million. Less than five per cent of disbursements will be allocated to consumer financing. “We maintain a robust credit assessment and risk management framework to ensure funds are deployed responsibly,” Olasunkanmi said.
On investment and savings, Kazeem announced the February launch of the GoldBucks app, described as a “financial supermarket” that will allow Nigerians both urban and rural to save, invest, and grow their assets efficiently.
In renewable energy, Green Bucks Energy has deployed over 100 solar power systems to businesses and plans to expand support to at least 1,000 enterprises in 2026. “We provide renewable energy solutions without immediate capital outlay, allowing businesses to pay over one or two years while scaling up access to power,” Kazeem explained.
The Alert Group has also intensified its corporate social responsibility programmes, including scholarships, free eye tests, and clean water initiatives. In 2025, the group gave free eye tests to over 400 people and contributed N2 billion to clean water projects. In 2026, it aims to distribute at least 1,000 eyeglasses and expand impact in education, water, and healthcare.
Kazeem 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.”
With these initiatives, the Alert Group is positioning itself as a key partner for MSMEs, providing financing, renewable energy solutions, and digital tools to strengthen businesses and drive inclusive growth across Nigeria.
