One year after the federal government established the Nigerian Consumer Credit Corporation (CREDICORP), the agency is already making waves in transforming how Nigerians access essential goods and services.
In this exclusive interview with Nairametrics, CREDICORP CEO Uzoma Nwagba reveals how the institution, built from the ground up, has delivered consumer credit to over 40,000 Nigerians in just six months since receiving funding, and it’s only getting started.
CREDICORP’s mission, he says, is not about handing out money but enabling everyday Nigerians to buy life-enhancing goods and services, such as vehicles, smartphones, solar panels, home improvement, and more on credit, instead of relying on outdated “cash and carry” systems.