FG launches USSD service to help Nigerians access loans without internet [How to apply]

FG launches USSD service to help Nigerians access loans without internet [How to apply].

The post FG launches USSD service to help Nigerians access loans without internet [How to apply] appeared first on Vanguard News .

The Federal Government has launched a new USSD-based credit service, SPARK, designed to help Nigerians access loans and build formal credit histories using basic mobile phones.

The product, introduced by the Nigerian Consumer Credit Corporation (CREDICORP), targets Nigerians, particularly first-time borrowers who have limited or no credit history.

Interested Nigerians can dial 347333# on their mobile phones to access the service without requiring a smartphone or internet connection. According to CREDICORP, SPARK is designed to simplify access to consumer credit while helping beneficiaries establish repayment records that could improve their credit profiles and open up further financial opportunities. “By establishing repayment records through responsible borrowing, beneficiaries can progressively improve their credit profiles and create pathways to greater financial opportunities,” the corporation said. It added that the product may become more widely available to Nigerians before the end of 2026.

MSEApp News is publishing an original rewrite of this tip for readers, based on reporting associated with Vanguard.