FCMB Asset Management is set to raise about N100 billion (~$63 million) over the next one year as it pioneers Nigeria’s first private credit fund. The fund which is in the process of raising the first tranche of N10 billion is targeted towards medium-scale enterprises in Nigeria. According to the Managing Director of FCMB Asset […] More

Credit Direct Finance Company Limited (Credit Direct), the consumer finance arm of FCMB Group Plc and one of Nigeria’s leading digital-first non-bank financial services providers, has recently received an upgrade to its credit rating from Agusto & Co. to BBB+.   According to Agusto & Co., “The upgrade reflects Credit Direct’s dominant position in the industry […] More