Alert Group Assets Surge to N63 Billion, N130 Billion Loan Disbursement Planned for 2026

Alert Group says it plans to disburse N130 billion in loans in 2026, as the financial services group reported a sharp increase in assets over the past two years. The group’s assets rose to N63 billion at the end of 2025, up from N2.9 billion in 2023, according to its Group Chief Executive Officer, Olanrewaju Kazeem. Kazeem disclosed this during a media briefing in Lagos, where he outlined the group’s recent performance and expansion plans. Alert Group, which began operations in 2013, was restructured in 2023 into a holding company with subsidiaries including Auto Bucks Lenders, Alert Microfinance Bank, Green Bucks Limited, and Bucksfield Asset Management. Read More: Alert Group plans expansion as assets grow to N22bn – Businessday NG Kazeem said the group disbursed about N55 billion in loans in 2025 through its lending and microfinance units and is targeting more than double that amount next year. He said the focus would remain on funding small and medium-sized businesses, with consumer lending accounting for less than five percent of total loan disbursements. The group’s customer base has grown to over 60,000, according to Kazeem. Alert Microfinance Bank, one of the group’s key subsidiaries, currently operates 10 branches and is seeking a national licence that would allow it to expand operations beyond its current footprint. Kazeem said the bank plans to open eight additional branches, particularly in underserved regions. He said loan sizes vary by location, with Lagos branches issuing loans of N5 million and above, while branches outside Lagos offer loans starting from N2 million. The bank, he added, applies credit and risk assessment processes to manage loan quality. Kazeem also said the group plans to launch an investment platform, GoldBucks, in February 2026. The app is expected to provide access to money market, capital market, and treasury instruments.