business
Regxta disburses ₦10 billion to micro-businesses using alternative-data credit scoring
Summary by The Lagos Editorial Desk NM Partners , as published by Nairametrics
· October 6, 2026
· 1 min read
Photo: Nairametrics · view original
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Summary created by The Lagos Editorial Desk — automated, rule-governed Byline on source page NM Partners, as published by Nairametrics Original story Read at the source Source published Oct 6, 2026 Indexed here Oct 6, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points This milestone is part of an effort to expand credit access to borrowers with limited or no traditional credit history. A significant amount of funds has been disbursed to individuals and micro-business owners.
A significant amount of funds has been disbursed to individuals and micro-business owners. The total amount exceeds ₦10 billion. This milestone is part of an effort to expand credit access to borrowers with limited or no traditional credit history.
The credit model uses alternative data for scoring. This approach is designed to address a challenge faced by many small businesses and informal-sector borrowers.
Further details about this development are available from the source, including the context and implications of this milestone.
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Category: business Published: October 6, 2026 Source: Nairametrics Reading time: 1 min
Frequently asked about this story
What is this story about? A significant amount of funds has been disbursed to individuals and micro-business owners. The total amount exceeds ₦10 billion. This milestone is part of an effort to expand credit access to…
When was this published? This article was first published on October 6, 2026 by Nairametrics and curated for The Lagos readers.
Who reported this story? This story was reported by NM Partners at Nairametrics. To learn more about how The Lagos selects and reviews stories, see our editorial standards .
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