“Nigeria’s alternative lending market to grow by 45% to $212.9 million in 2023”- Report

The alternative lending market in Nigeria is expected to grow by 45.2% on an annual basis to reach $212.9 million in 2023.

This was according to Research and Markets (RM) Nigeria Alternative Lending Business Report 2023 seen by Nairametrics.

According to the report medium to long-term growth story of alternative lending in Nigeria remains strong.