NairaGO Loan Review, app Download Interest Rate and repayments

Everybody in Nigeria who needs money to expand their enterprises, go shopping, or deal with other situations can get a quick loan from Nairago. You can always apply for a Nairago loan if you need any form of money.


To be eligible for a loan from Nairago, you must:

  1. A citizen of Nigeria
  2. Between the ages of 18 and 65
  3. A consistent source of revenue

product attributes

seeks information about the Nairago Loan’s amount, term, interest rate, service charge, and manner of repayment?

  1. 8,000 to 200,000 for loans
  2. 91 to 365 days for loans.
  3. APR: 12% to 50% as a minimum.
  4. No service charge


Example: The services charge is 0% if the loan amount is $5,000 and the APR is 36.5% per annum with a 180-day term.

Interest is equal to 5,000 * 36.5%/365 * 180, or 900.

You will receive 5,000 and must pay back 5,001 plus 900.

Loan Interest Rate, Repayment Schedule, and Lapo USSD Code

Example of Repayment:

If you decide to make a one-time payment, you will do so after 180 days for a total of $5900.

Your monthly repayment amount, if you decide to pay in installments, will be $5900 divided by six, or $983.

How to make a loan application on Nairago:

  1. Register
  2. Add fundamental information

Apply for a loan, third

  1. Await acceptance

Downloading apps

The Nairago app is available for download from the Play Store.
NairaGo Contact Information

If you have any inquiries concerning Nairago, kindly get in touch with:

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