Zedvance Finance N96 Billion Lending
Analysis based on 6 articles · First reported Mar 09, 2026 · Last updated Mar 19, 2026
Zedvance Finance's significant loan disbursements and ambitious targets indicate a growing role for alternative lenders in Nigeria's financial system, potentially increasing credit access for businesses and stimulating economic growth. This expansion could lead to increased competition in the lending sector and improved operational resilience for various industries in Nigeria.
Zedvance Finance, a subsidiary of Everest Group, has disbursed over N96 billion in commercial lending to businesses across Nigeria through its Commercial Solutions unit, launched in 2025. This move signifies Zedvance Finance's expansion beyond retail lending to address financing gaps in key sectors such as oil & gas, automotive, logistics, renewable energy, fintech, e-commerce, trade distribution, and agribusiness. The company aims to disburse N250 billion in funding by 2026, leveraging its 'Liquidity Solutions' product to provide tailored financing structures like working capital, invoice/PO financing, equipment, and trade finance. Adedayo Amzat, Group Managing Director of Everest Group, and Ayooluwa Oladimeji, Ag. Executive Director of Commercial Solutions, highlighted the company's commitment to supporting enterprise growth and economic development in Nigeria. Zedvance Finance has supported businesses like Shekel Mobility, TradeGrid, Sapphire, and CredPal, contributing to the country's financial system by offering faster and more flexible credit options.
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