How Nigerians can access FG’s new consumer credit service without internet

The Federal Government has introduced a USSD-based credit service designed to help Nigerians access consumer loans using basic mobile phones without requiring internet connectivity or smartphones.

The service, known as SPARK, was unveiled by the Nigerian Consumer Credit Corporation, also known as CREDICORP, to expand access to credit, particularly for first-time borrowers with limited or no formal credit history.

Interested Nigerians have been advised to watch for the service’s wider rollout. *347*333# was unveiled as the USSD code for accessing SPARK, but the service is not yet confirmed to be fully operational nationwide.

CREDICORP said the product was expected to become more widely available before the end of 2026.

The initiative is designed to help borrowers establish repayment records that could improve their credit profiles and create opportunities to access further financial services.

CREDICORP Managing Director and Chief Executive Officer, Uzoma Nwagba, said the initiative was intended to extend consumer credit beyond traditional financial institutions.

He said,”Consumer credit should not be a privilege reserved for a few. It should be an opportunity available to every working Nigerian