The Fair Money app is ranked among the top loaning facilities in Nigeria due to its exceptional service. Simply download the app from the Google Play Store, receive your cash, and pay back within 15 days or one month to complete a quick and straightforward application procedure. You should be aware that the loan will come with specific terms and conditions, so make sure you read them before applying. In addition to giving loans, Fair Money app allows users to recharge their phones and pay their bills.




Penny lender is an online moneylender that offers borrowers through their employers single-payment, installment, and payroll loans. Your monthly payment is then taken from the amount borrowed. The lowest loan amount is ₦10,000, with a maximum loan sum of ₦500,000 for new customers. as salary, length of service, and position, determine the size of the loan and the interest rate charged. The loan amount can be up to 50% of your monthly salary, with a repayment period ranging from 3 to 6 months. In addition, money is paid to your salary bank account immediately once you decide on the amount you desire and set up your payback plan.


The Palm credit app is also one of the top loaning facilities in Nigeria. Palm credit is an Android app that offers loans to its customers. It’s simple and quick to do. Individuals aged 18 and above are eligible for a Palm credit loan with a loan amount ranging from ₦2,000 to ₦100,000.

You have complete control over getting the loan you want with just a few simple actions. Simply download the Palm Credit App from the Google Play Store, enter in your information, and complete the registration process in a matter of minutes.


Kia Kia is a moneylender that offers flexible personal loans and connects borrowers with individual or corporate lenders at mutually agreed-upon rates. They provide loans ranging from ₦10,000 to ₦200,000 for a minimum of seven days and a maximum of thirty days.

Responsible borrowers who gain financial responsibility trust points over time will be able to borrow substantially larger sums for longer periods with more flexible interest rates. Kia kia’s services are also ideal for customers seeking an unsecured personal consumer loan as well as those who are disqualified for a typical bank or credit union loan or who are in financial distress.


The Branch app comes in fifth on this list of the top loaning facilities in Nigeria. Borrowing money using a Branch App is straightforward and can take as little as 10 minutes to complete. Like the other lending apps mentioned above, Branch does not require any sort of security to get loans. Your phone number or Facebook account and your bank verification number and account details are all you need to receive a loan.

You may borrow money via the Branch loan app for as little as ₦1,000 and as much as ₦200, 000 at affordable interest rates. Download the Branch App from the Google Play Store and put in your personal and financial information to receive your loans. A loan offer will appear on your dashboard; you must utilize this first to obtain higher loan offers.


Carbon, formerly known as Pay Later, provides instant access to anybody in need of a loan. Users who want loans immediately can request and get them quickly and easily. Like many other lending companies in Nigeria, Carbon demands customers to provide their Bank Verification Number (BVN) to determine their loan credit.

Users can borrow up to N 20 million with interest rates ranging from 5% to 15%, depending on the payback period and the amount borrowed. Carbon also offers other services such as airtime recharge, money transfer, and bill payment.


Ren money is a Nigerian financial credit platform that helps micro-businesses and small-medium companies, or SMEs, gain access to capital. Emerging businesses may get up to ₦100,000 in loans with a monthly interest rate of 2.8 percent with Ren money. A strong bank statement is also required for businesses requesting a loan from Ren money. Their transaction history should include recurring monthly income to demonstrate their ability to repay.


Quick Check is a cutting-edge lending platform, and it’s one of the top loaning facilities in Nigeria, whether they’re looking for personal loans or small business loans. According to the portal, users may get rapid loans of up to ₦30,000 without putting up any security for 15 or 30 days. In addition, the more loans you take out and return on time, the better your credit score will be, and you’ll be able to borrow even more money. It’s undoubtedly one of the top loaning facilities in Nigeria.


Lidya is another outstanding and dependable loan platform in Nigeria. It was founded in 2016 to extend credits to emerging markets. Apart from Nigeria, it has its headquarters in the United States and has operations in Portugal, Poland, and the Czech Republic.

Emerging businesses can borrow up to ₦150,000 at a monthly interest rate of 3.5 percent. They may visit the website or download the app immediately from their mobile phones. To be eligible for a loan from Lydia, businesses must provide their bank statements or upload their transaction history. Within 24 hours, your information will be analyzed, and if you have a good credit score, you will be approved for a loan.



Credit Ville is an online moneylender that offers Payroll-based consumer loans to people who qualify through their work. Their monthly income is then subtracted from the amount borrowed.

After meeting the relevant conditions and documents, Credit Ville can swiftly deposit an urgent or emergency loan into your account. Credit Ville also makes loan offers of up to ₦100,000 for up to 18 months with no collateral to help people achieve their financial demands.


Aella Credit is now active in Nigeria, Ghana, and the Philippines, and offers consumers, primarily employees, loans ranging from ₦2,000 to ₦100,000,000. It has a monthly interest rate ranging from 6% to 20% and asks users to repay the loan within three months. In all emerging markets, this company simplifies and creates financial inclusion.

It also offers investments, payments, micro-insurance, peer-to-peer money transfers, and loans. You must first download the Mobile App, make an account, and then update your profile to qualify for a loan. In addition, if you are qualified for a loan after updating your profile, you will be able to obtain cash in your bank account within minutes.