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Alert Group eyes N200bn assets in five years

The Group Chief Executive Officer of Alert Group, Olanrewaju Kazeem, emphasised the organisation’s dedication to digital transformation.

He noted that as part of its strategic initiative, Alert Microfinance Bank was planning to onboard 1 million new customers while simultaneously expanding its footprint into 10 new cities across Lagos.

“Alert MFB aims to onboard 1 million customers over the next four years, expand into 10 new cities across Lagos, and significantly invest in its workforce. The bank also plans to hire seasoned professionals to help it reach a target of N200bn in total assets within the next five years.

“This transaction will enhance our efforts to provide affordable long-term housing finance in a manner that will impact the overall sector,” Kazeem added.

He stated that celebrating a decade of operations and profitability, Alert Group had demonstrated resilience in navigating the challenges of the Nigerian financial landscape, adding that the bank was committed to sound financial management and is actively investing in its workforce to ensure high-quality service delivery.

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