The announcement was made during a media briefing in Lagos on Tuesday, where Group Chief Executive Officer Olanrewaju Kazeem outlined the company’s growth trajectory, achievements, and future initiatives.
The Alert Group comprises Auto Bucks Lenders, Alert Microfinance Bank, Green Bucks Limited, and Bucksfield Asset Management. Over the past three years, the group has grown significantly, with total assets increasing from N2.9 billion in 2023 to N63 billion by the end of 2025. Its customer base now exceeds 60,000, reflecting strong public support, Kazeem said.
Alert Microfinance Bank, which now operates 10 branches, is awaiting a national license that would allow it to expand operations nationwide. “We intend to open additional branches in regions where we are not currently present to support more MSMEs,” Kazeem added.
Auto Bucks Lenders, the group’s SME-focused microfinance arm, will see its loan disbursement rise to N50 billion in 2026. Since inception, the company has provided over N40 billion in funding to more than 2,000 SMEs, with an active customer base of 800. “Next year, we plan to grow the customer base by 50 per cent while maintaining strict lending criteria to ensure portfolio quality,” said Adetoun Olasunkanmi, CEO of Auto Bucks Lenders.
Loans will primarily target SMEs with verifiable records, with Lagos branches offering loans from N5 million upward and branches outside Lagos providing N2 million and above. Less than five per cent of funds will be allocated to consumer financing, the CEO said, highlighting the group’s robust credit assessment and risk management framework.
In addition to lending, the Alert Group plans to launch its GoldBucks investment app in February 2026. The app, described as a “financial supermarket,” will enable Nigerians in both urban and rural areas to save, invest, and grow their assets efficiently.
The group is also expanding its renewable energy initiatives. Green Bucks Energy has installed over 100 solar power systems for businesses and aims to support at least 1,000 enterprises next year. “We provide renewable energy solutions without immediate capital outlay, allowing businesses to pay over one to two years,” Kazeem said.
Corporate social responsibility remains a priority, with programs in scholarships, healthcare, and clean water. In 2025, the group provided free eye tests to over 400 people and contributed N2 billion toward clean water projects. In 2026, it plans to distribute at least 1,000 eyeglasses and expand impact in education, water, and healthcare.
Kazeem emphasized that the group’s strategic focus remains on MSMEs. “Our goal is to support serious, viable businesses while maintaining a healthy loan portfolio. Transparency and proper record-keeping are key to ensuring our customers and investors benefit from our operations,” he said.
This announcement signals the Alert Group’s growing role in financing Nigeria’s SME sector and promoting sustainable business practices across the country.