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Nigeria's digital credit faces a data test
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Fusion42 · 29 September 2026 · Fusion42 review
Nigeria's digital credit market is growing but faces challenges due to gaps in data sharing, affordability assessments, and consumer protection policies. Regulatory frameworks introduced in 2025 aim to enforce transparency and responsible lending, while experts highlight the need for improved data quality and more sophisticated credit scoring methods using alternative data.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
Nigeria's new digital lending rules open a market that demands improved data quality and smarter credit scoring. You can gain an edge by building tools that integrate diverse repayment signals and focus on borrower affordability beyond traditional credit data.
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1 source · 29 Sep 2026
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