Credit Direct Eyes Growth Beyond Civil Servants with Digital Lending Push
Credit Direct, a digital lending subsidiary of FCMB Group, has quietly become one of Nigeria’s most profitable fintechs, reporting ₦4 billion ($2.6 million) in profits in 2023. With a 45.5% return on equity—higher than even Nigeria’s efficient financial giant GTCO—the lender is making a case for its dominance in the lending space. By Q1 2024, […]
