Alert Group
Alert Group has announced an ambitious goal to achieve N200 billion in total assets within the next five years as part of its strategy to strengthen market presence and enhance service offerings across Nigeria. This objective aligns with the company’s commitment to delivering tailored financial solutions for both individual and corporate clients, as stated in a recent announcement.
Olanrewaju Kazeem, the Group Chief Executive Officer of Alert Group, underscored the organization’s focus on digital transformation. He revealed that as part of its strategic initiative, Alert Microfinance Bank aims to onboard 1 million new customers while expanding its operations into 10 new cities across Lagos.
“Over the next four years, Alert MFB intends to onboard 1 million customers and establish a presence in 10 additional cities in Lagos. We are also making significant investments in our workforce and plan to hire experienced professionals to help us reach our target of N200 billion in total assets within five years,” Kazeem explained.
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He highlighted that this initiative will bolster efforts to provide affordable long-term housing finance, positively impacting the overall sector. Celebrating a decade of operations and profitability, Alert Group has shown resilience in navigating the complexities of the Nigerian financial landscape, demonstrating a strong commitment to sound financial management and quality service delivery.
Kehinde Ogundimu, Managing Director and CEO of the Nigeria Mortgage Refinance Company, emphasized the firm’s dedication to promoting equitable access to housing credit, enabling vulnerable Nigerians to fulfill their homeownership aspirations.
Beyond its financial goals, Alert Group is also committed to corporate social responsibility. The company actively supports community initiatives, such as eye care outreach programs that enhance health and wellness, and empowers women and girls through various educational and economic opportunities.
Aymeric Saha, CEO of MiDA Advisors, remarked, “We are showcasing the power of partnerships with leading African companies to address social infrastructure financing needs in the region.”
Luvuyo Masinda, Chief Executive of Corporate and Investment Banking at Standard Bank Group, added that these efforts would have a positive impact not only on Nigeria but also on the broader African continent.
