Nigeria's CREDICORP launches consumer credit scheme for laptops
Nigeria's state-backed consumer lender CREDICORP has launched a credit scheme for locally assembled laptops, aiming to expand digital inclusion and stimulate domestic hardware manufacturing.
The Nigerian Consumer Credit Corporation (CREDICORP) launched the C.L.I.C.K.D. programme in Abuja on 21 July 2026, offering structured financing for laptops and digital tools. The initiative removes upfront cost barriers that have prevented many citizens from participating in the digital economy.
The initial phase targets 1,000 fellows in the government’s Three Million Technical Talent (3MTT) programme, with 77 devices distributed at the launch. Fidelity Bank is administering the credit, while NASENI and Imose Technologies supply the locally assembled hardware.
The programme targets a specific barrier to economic participation: the high upfront cost of hardware required to complete technical training. By tying consumer credit directly to a national talent initiative, CREDICORP is testing a model that finances productivity tools against future employment or entrepreneurial income rather than traditional collateral.
The supply-side implications are notable for investors tracking Nigerian industrialisation. The mandate to use locally assembled laptops directs state-backed credit toward domestic hardware assembly lines. If the scheme scales as intended across other device categories, it could provide the consistent demand volume necessary for local manufacturers to lower unit costs and attract further private investment.
CREDICORP plans to open the platform to additional financial institutions and hardware vendors. Working alongside the Central Bank of Nigeria, the corporation aims to scale the model beyond the initial 3MTT cohort to reach millions of working Nigerians nationwide.
