Baobab Nigeria has received an affirmed “Bbb+” rating from Agusto & Co., a leading Pan-African credit rating agency. This rating showcases Baobab Nigeria’s strong financial standing and prudent management practices in Nigeria’s competitive microfinance industry. This rating which was announced on 3rd February 2025 highlights Baobab Nigeria’s key strengths, a solid liquidity profile, and an experienced management team. These factors …

Baobab Microfinance, a leading provider of financial services to small and medium enterprises and micro-entrepreneurs, has further showcased its commitment to empowering businesses across Nigeria reaching over 407,000 customers. With a total loan volume exceeding N323 billion, Baobab has played a pivotal role in supporting the growth and development of countless businesses, contributing significantly to economic development and job creation …

Baobab Nigeria, a leading financial institution in Nigeria, has taken an innovative step in customer engagement by hosting a one-day internship for members of the National Youth Corps Service (NYSC) and student customers as part of its 2024 Customer Service Week. Through its digital savings platform, Jollof+, Baobab invited students and NYSC members, who are active Jollof+ users, to participate …