Alert Group grows assets to N63bn, disburses N55bn in loans

The Alert Group has grown its assets from N2.9 billion to N63 billion as of the end of 2025. The Group CEO/President, Dr. Kazeem Olanrewaju, disclosed this during an interaction with the media in Lagos. He stated that the Alert Group which started as Alert Microfinance Bank in 2013, has expanded with three additional subsidiaries […]

The Alert Group has grown its assets from N2.9 billion to N63 billion as of the end of 2025.

The Group CEO/President, Dr. Kazeem Olanrewaju, disclosed this during an interaction with the media in Lagos.

He stated that the Alert Group which started as Alert Microfinance Bank in 2013, has expanded with three additional subsidiaries in the last three years.

According to him, this was part of the group’s dream to create what he described as a pan-African financial market through various financial services that would positively impact the continent.

The Alert Group now comprises Auto Bucks Lenders, Alert Microfinance Bank, Green Bucks Limited, and Bucksfield Asset Management.

“The four of them put together are what we refer to today as the Alert Group.

“In 2023, the total assets of the company stood at N2.9 billion. Today, I am happy to say that we have seen the support and patronage of Nigerians. We closed the year 2025 with over N63 billion in assets. In the last three years, the public has found us worthy to invest in, increasing our total assets from about N3 billion to N63 billion, for which we are very grateful,” he said.

According to him, the group has grown its customer base to over 60,000.

He also hinted at the expansion of Alert Microfinance Bank, which now operates 10 branches and is targeting a national licence that will allow it to extend operations across the country.

The Group President said a loan disbursement of N55 billion was recorded last year across two subsidiaries.

He also disclosed plans to disburse N130 billion in loans in 2026 to support Micro, Small and Medium Enterprises (MSMEs), while outlining the group’s achievements, growth strategy, and future plans.

“For 2026, we intend to create additional branches in regions where we are not currently present.

“On the whole, we are looking at opening an additional eight branches. In terms of loan disbursement for the year, we will be doing about N130 billion,” he said.