…eyes N1trn loan book by 2027
Zedvance Finance Limited, a Nigerian non-bank financial platform, says it plans to scale annual loan disbursement to about N1 trillion by 2027 as it expands financing for small businesses and consumers amid persistent credit shortages in Africa’s most populous nation.
The company disclosed this at its business roundtable held in Lagos on Tuesday with the theme: “Unlocking Growth: The Role of Smart Financing in Building Resilient Businesses.”
The event brought together business leaders, industry professionals and key stakeholders to explore how sector-specific financing and innovative lending models can support sustainable business growth in Nigeria’s evolving economy.
Zedvance said it disbursed N120 billion in loans in 2025, up from N60 billion recorded in the first half of the year, reflecting growing demand for alternative financing as businesses grapple with high borrowing costs and limited access to traditional bank credit.
