Top 15 Instant Online Loans In Nigeria

Thinking on how to get quick and instant loan in Nigeria? Online loans in Nigeria and their loan sites can meet your personal loan needs.

These online lending platforms can help Lagosians and people from other states get a quick loan in Lagos or anyone who wants to borrow money online in Nigeria.

Loans have been trending as the solution and micro finance banks, are adopting a way to rid the society of financial exclusion. Even corps members now take quick Nysc loan to cater for their financial needs

online loans in Nigeria

Although the spotlight has been focusing on the masses, especially the petty traders, but it is quite unfortunate that not all masses are as opportune as the petty traders due to some valid reasons.

In as much as it is unwise to go to commercial banks for personal loans, and some other kinds of loans, it is also not easy to get cash loans from micro finance banks. Fortunately, online loans have joined in giving whiplashes to financial exclusion.

Online loans in Nigeria? Surprising yet but it true, considering what it takes to survive in the blessed country. Online loans in Nigeria are lending platforms that offer loans in Nigeria, no queuing, no fee charge for loan application, and other exciting features.

Some lending platforms offer these instant loans without collateral, while some require a form of asset for collateral.

Top 15 Instant Online Loans In Nigeria

Looking for quick loans in Lagos or Nigeria in General? These first 4 lending platforms can meet your needs. They are also among the first 8 online loan sites in Nigeria

  1. PayLater

online loans in nigeria

A product of OneFi, ranking 1,575th website in Nigeria, offers online loans in Nigeria. You can visit www.paylater.ng for more information

2. Fint

Online Loans In Nigeria

2,881nd website in Nigeria is a platform where lenders meet borrowers, or vice versa, for online loans in Nigeria. Fint risk assessment, which cost #3, 000, determines your eligibility for a loan.

Loan amount offered are between #60,000 – #2,000,000. Repayment duration is done on fixed term of 3, 6, or 12 months. Interest rates on loan can be as low as 2% monthly.

It is also one of the lending platforms that offer quick loans without collateral in Nigeria. Before disbursement of loan to bank account, a commitment fee of 8% must be paid by the lender. Vist https://fint.ng/.

3. Zedvance

Online Loans In NigeriaThis is a platform that offers online loans in Nigeria, which include personal loans, travel loans, group loans.

They offer loans worth #3,000,000 to be paid back in 12 months with interest rate of 3.75 – 4.5% monthly.

They currently give loans to salary earners only. www.zedvance.com for more information. With which are ranking as the 6,965th website in Nigeria.

4. KwickCash

Online Loans In Nigeria

Want to borrow money in Nigeria? Kwickcash is an online lending platform, created by “partnership between banks, mobile operators and technology companies”, that offers online loans in Nigeria.

It offers loan amount of up to #500,000 with no collateral. The repayment duration is between 14 – 30 days with interest rate 5 – 15%. It is also ranking as the 2,305th website in Nigeria. www.kwikcash.ng.

And this are the first four Nigeria Loan platforms that perfoms Greatly as expected and meet your needs.

5. Quick Check

Online Loans In Nigeria

Another lending platform that offers instant loans in Lagos, to the “undeserved” in a bid to promote financial inclusion. Quickcheck also ranked 7,048th  website in the country. Care to have “a bank in your pocket”? Visit www.quickcheck.ng.

6. C24 Loans

Online Loans In Nigeria

C24 offers online loans in Nigeria with maximum loan amount of 2 million to be repaid with affordable low interest rate in maximum of 9 months.

This is ranking as the 5.627th website, in Nigeria, offers quick loans in Lagos that are easy to apply for. visit https://C24.com.ng/.

7.  KiaKia Online Loans In Nigeria

Online Loans In Nigeria

One of the online lending platforms that offer quick loans in Lagos, ranks 4,963rd website in Nigeria.

The maximum loan amount is #5,000,000, with maximum repayment period of 6 months (for existing applicants) and 30 days (for first time applicants).

You can follow this link https://www.kiakia.co/ to ask Mr. K. for more details.

8. Specta

Online Loans In Nigeria

A mobile lending platform, by sterling bank, that gives online loans in Nigeria, not more than 5 million for personal loan, wedding finance, etc. It ranks as 2,621st website in Nigeria.

It offers loan without collateral, no paper works, instant scoring, and disbursement is done within 5 minutes after approval. They do not just offer quick loans only in Lagos but nationwide. https://www.myspecta.com/.

9. CreditVille

Online Loans In Nigeria

www.creditville-ng.org, ranking 6,957th website in Nigeria, is a mobile lending platform that offers online loans in Nigeria.

The maximum amount of loan is #250,000, with varying minimum loan amounts. The maximum loan duration is 12 months.

10. Snap Credit

Online Loans In Nigeria

Loan amount offered is dependent on individual source of income, and repayment history (for existing users).

Snapcredit offers online loans in Nigeria with interest rates varying with amount of money loaned and repayment period. Disbursement occurs within few minutes after loan request has been confirmed.

Repayment of loans, on this 12,333rd website in Nigeria, is done through salary.  https://www.Snapcredit.ng/ also offers multiple loans.


11. Pay Connect

Online Loans In Nigeria

Ranking 18,452nd website in Nigeria, this platform doesn’t offer loans directly but serves as an intermediary between lender and borrower in online loans in Nigeria.

Payconnect offers no collateral loans in Nigeria, loan amounts are dependent on your source of income. http://payconnect.ng/.

12. One-Fi

Online Loans In Nigeria

Promising exemplary customer service, innovation and technology, Onefi.co formally known as One Credit, is another quick online loans platform in Nigeria.

Ranking 13,471th site in the country, One-fi aims at democratizing access to finance by leveraging data and technology, when the ranking shows it’s a new loan site.

13. Aella Credit

Online Loans In Nigeria

www.aellacredit.com offers online loans in Nigeria with reasonable interest rates, no registration fee, no management fee, and flexible repayment plans.

Instant disbursement to bank account is guaranteed if loan request has been approved. Aellacredit ranks 7,847th website in Nigeria.

14. Branch

Online Loans In Nigeria

  • Requirements: A Facebook Account, BVN and valid bank details
  • Platform: Android
  • Interest rate: 20%
  • Loan tenure: One month
  • Multiple loans at a time: No
  • Repayment channels: Debit card, auto-debit, mobile banking app.

Branch makes use of some information on your phone to make lending decisions. This includes handset details, SMS logs, call logs and contact list. Loans on Branch are repaid in four weekly instalments their website URL is www.branch.co and ranking 12,680 in Nigeria

15. Fair MoneyOnline Loans In NigeriaIt’s a platform where online loans in Nigeria are gotten effortlessly.

The steps involved in securing a loan on this platform include answering some questions, among other steps. Loan amounts vary with an increment of #20,000 between. https://www.fairmoney.com.ng/ ranks 16,531st website in Nigeria.


Quick Online Loans In Nigeria (Summary)

There you have it! My list of top 15 online loans in Nigeria. As you have seen, some online lending platforms require collateral while some are without collateral.

Whatever you do, try as much as possible to check out the terms and conditions of each platform, and also the interest rates and pay back time frame before you put in for an application.


Now You May Ask:

Which Is Nigeria’s Best and Fast Loan Company?

Hmm, what do I say? You don’t expect me to answer that, you know why? Because you can widely see one with lowest figures on it Nigeria Rank which definitely means it’s the best Loan Platform ever, all Rankings on Alexa are placed on each company’s site based on visit.

Also, I’m not directly recommending any of these sites, this list is for information purposes only.



This list was compiled based on Alexa rankings on 3rd of June, 2018. Though, it’s now possible to borrow money online in Nigeria, kindly read the terms and conditions of each online loans lending platform. This list is for information purposes only.


Found this to be helpful? Please hit the like button, share and give your comments. Trust me, it took some time to put this together.


Farotide David
the authorFarotide David
A blogger and a lover of Tech

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