Nicenaira Plus 2.0.1

Nicenaira Plus offers an online platform for borrowing money that is designed to cater to various financial needs. With a focus on flexibility and transparency, their loan offerings come with competitive interest rates.

Why Choose Nicenaira Plus?

• Loan amounts available up to NGN 200,000, determined by individual financial needs and credit ratings.
• Loan terms range from 91 to 360 days, with an annual percentage rate (APR) between 12% to 30%. Loan service rates are set at 6% to 24%, with a monthly interest rate of 0.5%. Importantly, there are no hidden fees, rollover charges, or transaction fees.
• The platform emphasizes security, transparency, and reliability in its lending practices.
• No collateral or extensive paperwork is required for the application process.
• Timely repayment can lead to higher borrowing limits and lower interest rates in subsequent loans.

Example of Loan Structure:

Customers can select from various loan term options tailored to their requirements. For instance, if a borrower opts for a three-month loan of NGN 20,000, the service rate would be 6% alongside a monthly interest rate of 0.5%, resulting in an APR of 12%. At the loan's maturity, the total repayment amount would be NGN 21,500.

Steps to Obtain Your Loan:

1. Download the Nicenaira Plus app and register for an account using your phone number.
2. Complete the basic information form within a few minutes.
3. Apply for the desired loan amount.
4. Submit your application and await approval.
5. Receive the loan directly deposited into your account upon approval.

Contact Address: 16B Allen Avenue, Ikeja, Lagos, Nigeria