Alert Group, a financial institution, said its total assets grew by 2,072 per cent in three years, driven by its focus on scaling up micro, small and medium enterprises (MSMEs) lending, expansion of its digital platforms and renewable energy investments.

The firm said its total assets increased from N2.9 billion in 2023 to N63 billion at the close of 2025, noting that the assets had risen from as low as N1.3 billion in earlier years.

It is targeting N200 billion this year.

Group Chief Executive Officer, Olanrewaju Kazeem, disclosed the figures during a media chat where he outlined the group’s performance over the past three years, growth strategy and plans for 2026.

Kazeem said Alert Group has grown its customer-base from about 10,000 three years ago to over 60,000 currently, spanning loans, savings, deposits and investments. It began its journey with a microfinance bank in 2013, but now operates four subsidiaries – Auto Bucks Lenders, Alert Microfinance Bank, Green Bucks Limited and Bucksfield Asset Management.

On lending, Kazeem said the group recorded a total loan disbursement of about N55 billion in 2025, strictly for business purposes.

Kazeem said, despite the aggressive loan growth, asset quality has remained strong, with the group’s portfolio at risk (PAR) over 30 days at 3.1 per cent, saying: “For every N100 disbursed, over N96 is recovered. This performance shows that the assumption that small borrowers do not repay is not correct,” Kazeem said.

He said Auto Bucks Lenders has helped the group to provide loans of up to N250 million to businesses, adding that consumer loans account for less than five per cent of total lending, with the bulk given to MSMEs.

Kazeem said the group has also deployed almost 400 POS terminals across its network and plans to roll out an additional 2,000 POS terminals in 2026. Additionally, it operates four categories of debit cards, covering both low-end and premium users.

Kazeem also announced the launch of the GoldBucks investment app in February, which will allow users in both urban and rural communities to invest in money market instruments, bonds, treasury bills and other capital market products.