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Nigeria Launches USSD Loan Code

Nigeria's Federal Government Launches USSD Credit Platform Targeting Unbanked Consumers

Unverified — auto-generated summary, not yet reviewedFintech & PaymentsNigeriaNov 4, 2026

Nigeria's federal government has introduced a USSD code for loans covering food, solar energy and other categories through the CREDICORP platform, targeting unbanked consumers at national scale. The initiative represents a direct government intervention in consumer credit access for populations outside the formal banking system.

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