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Alert MFB grows assets to N50bn amid inflation, rising credit demand

By Babajide Komolafe Alert Microfinance Bank has recorded a 20-fold increase in total assets to N50 billion in three years, as rising inflation, naira depreciation and stronger demand for credit reshape Nigeria’s banking landscape. Speaking in a media interview, Group Chief Executive Officer of Alert Group,…

July 20, 2026 Nigeria

By Babajide Komolafe Alert Microfinance Bank has recorded a 20-fold increase in total assets to N50 billion in three years, as rising inflation, naira depreciation and stronger demand for credit reshape Nigeria’s banking landscape. Speaking in a media interview, Group Chief Executive Officer of Alert Group,…

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