Nigerian registered business
First Bank business account
APR
—
Term
12–60mo
Amount
₦500k
Kuda app account required; monthly installment repayment; no paperwork
APR
30.0–108.0%
Term
3–12mo
Amount
₦5k–₦250k
Nigerian registered business
Zenith Bank business account
APR
—
Term
12–60mo
Amount
₦1M
Monthly income of ₦1,000+; no collateral; no physical paperwork
APR
24–456%
Term
3–36mo
Amount
₦1.5k–₦5M
Nigerian registered business
6+ months trading history
APR
—
Term
1–12mo
Amount
₦150k
APR
54–195%
Term
3–12mo
Amount
₦2.5k–₦1M
Nigerian registered business
Stanbic IBTC business account
APR
—
Term
12–60mo
Amount
₦1M
Salary account holder with 6 months salary history, ₦20,000 monthly lodgement, ₦30,000 net salary minimum, clean credit bureau report
APR
35.4%
Term
3–12mo
Amount
₦5k–₦5M
Nigerian registered business
UBA business account
APR
—
Term
12–60mo
Amount
₦500k
Digital application through the Renmoney app; identity and income checks may apply
APR
25.44–31.8%
Term
3–24mo
Amount
₦50k
Nigerian registered business
Access Bank business account
APR
—
Term
6–60mo
Amount
₦500k
No collateral; smartphone app application
APR
60.0%
Term
3–12mo
Amount
₦1.5k–₦1M
Nigerian registered business
GTBank business account
APR
—
Term
12–60mo
Amount
₦1M
Phone number or Facebook account, ID number, and mobile money or bank account
APR
36.0–99.0%
Term
4–52mo
Amount
₦6k–₦1M
Salary paid into a Stanbic IBTC account; minimum net monthly income of ₦50,000; credit and affordability checks
APR
48.0%
Term
6–24mo
Amount
₦100k
Salary account with FirstBank; employer salary domiciliation letter; minimum documentation; credit insurance premium required
APR
20.0–28.0%
Term
6–60mo
Amount
₦200k
Functional salary account and last 6 months pay slip plus bank statement indicating salary inflows
APR
28.5–32.0%
Term
6–60mo
Amount
₦200k
Discover how different personal loans stack up in terms of rates, terms, and eligibility this September. See which lenders offer the best deals for your financial needs.
The average APR for personal loans ranges from 36.13% to 109.32%. Compare top lenders for the best rates.
