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If you are borrowing money through a mobile loan app in Nigeria, it’s very important to choose from this list of loan apps approved by CBN 2026.
The Central Bank of Nigeria (CBN) and the Federal Competition and Consumer Protection Commission (FCCPC) have made it compulsory that all digital lenders in Nigeria must be approved and regulated to protect borrowers from fake and unethical apps.
In 2026, hundreds of loan apps are flooding the internet, promising to be the best. The question is, are they all officially approved by CBN?
This article will focus only on CBN approved loan apps in Nigeria in 2026. Any loan app we mention here will mean they’re legally licensed and allowed to provide digital loans to Nigerians under regulated terms as of the date of writing this article.
Below, I’ll explain what approved implies, why it matters, and the most trusted CBN approved loan apps in Nigeria that you can use safely in 2026.
Why CBN Approval Matters?
First of all, only CBN approved loan apps are safe, legal, and trusted apps you can use to get loans without risking data breach, data theft, fraud or scams.
According to CBN, digital loan apps that are approved and regulated must follow the CBN rules like:
- Clearly disclosed interest rates and fees to avoid hidden charges
- Respecting of users’ privacy and protecting users’ data
- Avoiding harassment or unethical debt-collection practices and approaches
- Providing customer support and dispute resolution in a respectful and mutual approach.
Unapproved loan apps can use hidden charges, harassment tactics, and even have unauthorized access to your phone contacts or data. That’s why this regulators have been removing illegal loan apps that practice this.
So if a loan app is officially approved, you can borrow safely and be rest assured that your data are protected and you won’t be harassed.
For You: Top 20 Loan Apps Without BVN in Nigeria 2026
Risk of Using loan apps that are not CBN Approved?
Using loan apps that are not approved or regulated by the Central Bank of Nigeria (CBN) comes with significant risks.
Here are the risks of using loan apps that are not CBN approved:
- High unregulated interest rates
- Data privacy concerns
- Harassment and unethical practices for loan recovery
- Lack of regulatory protection
- Scamming
- Malware and security threats
- Negative credit score impact
- Low customer and legal support
List of Loan Apps Approved by CBN 2026
Below are some of the loan apps in Nigeria that are fully CBN approved and regulated as published by fccpc.gov.ng.
- FairMoney App (Fair Money Microfinance Bank)
- OKash (Blue Ridge Microfinance Bank – includes Okash & EaseMoni)
- EaseMoni (Blue Ridge Microfinance Bank – included with OKash)
- PalmCredit Plus (Moblaspay Nigeria Ltd)
- Carbon App (Carbon Microfinance Bank)
- Branch Mobile App (Branch International Financial Ltd)
- RenMoney Instant Cash Loan (Renmoney Lending Co Ltd)
- QuickCheck App (Arve Limited)
- Umba Mobile App (Umba Digital Solutions Ltd)
- CreditVille App (CreditVille Microfinance Bank Ltd)
- Clan App (CreditClan Tech Ltd)
- Kashout App (Acetech Finance Ltd)
- FlashCredit App (Acetech Finance Ltd)
- AceCredit App (Acetech Finance Ltd)
- RapidLoans App (Acetech Finance Ltd)
- LetsGo App (Letshego Microfinance Bank)
- NextPayday App (NextPayday Ltd)
- Aladdin Digital App (Aladdin Scheme Ltd)
- Kobogo App (Kobogo Nigeria Ltd)
- OxLoan Pro App (Singularity Technology Nigeria Ltd)
- LionCash App (Grola Tech Credit Ltd)
- LCash App (Grola Tech Credit Ltd)
- TrueNaira App (Grola Tech Credit Ltd)
- MyCashier Mobile App (Fast Point Integrated Ltd)
- PayLater App (Paylater Hub Ltd)
- ShopTopUp App (Trade Depot Ltd)
- Pennee App (Pennee Technologies Ltd)
- 9Credit App (OTP Internet Technology)
- VKash App (Altracred Finance Investment Ltd)
- Red Harbour App (Red Harbour Fintech Ltd)
- Menacred App (Menacred Company Ltd)
- Crevance.com (Crevance Credit Ltd)
- Csense App (Csense Ltd)
- CashRun App (Flowood Lending Ltd)
- PlentyCash App (Fintrade Solutions Ltd)
- Trivista App (Trivista Capital Ltd)
- AirMoni App (Commercemen Trading Co Ltd)
- VibeCredit App (InstaWave Internet Tech)
- PIVO App (Pivo Technology Ltd)
- DotBank App (Dot Microfinance Bank Ltd)
- Floatr App (Maven Finance Ltd)
- CreditPocket App (Creditech Tech Ltd)
- iCredit App (Bestfin Nigeria Ltd)
- Moneye App (Citygate Global Investment Ltd)
- Payday Loan App (Paydayhub Online Nigeria Ltd)
- OkCash App (Linkpark Technology Nigeria Ltd)
- Urgent10K App (UGT Technologies Ltd)
- Urgent Money App (de Fintek Nigeria Investment Ltd)
- EasyKash App (Hollandale Nigeria Ltd)
- PalmCash App (Giasun Tech Nigeria Ltd)
- Silk Loan app (Silkroad Finance Limited)
- Alend Loan App (LITTLEANT LTD)
- LendSafe Loan App (Smartloans Integrated Services Limited)
As at the time of writing this, there are:
- 467 Fully Approved Loan apps
- 103 Apps and Companies on FCCPC Watchlist
- 45 Delisted Apps
- 30 Waivers (licensed by CBN)
Top Trusted CBN Approved Loan Apps in 2026
Below are some of the most popular and most trusted CBN approved loan apps in Nigeria that are widely reported as approved and licensed by CBN and related institutions:
1. Carbon Loan App
- Loan range: ₦1,500 – ₦1,000,000
- Interest: 1.75% – 30% per month
- Tenure: 1 – 12 months
Why it’s trusted? This loan app is linked to One Finance Microfinance Bank. They have clear and transparent terms with additional bonus finance tools like savings and bill payments.
According to users reviews, this loan app is great for both small and medium loans, easy application, although users do complain about higher interest for short-term loans.
2. FairMoney
- Loan range: ₦1,500 – ₦3,000,000
- Interest: 2.5% – 30% per month
- Tenure: Up to 18 months
Why it’s trusted? It is one of the most downloaded and regulated loan/banking apps in Nigeria, with verified CBN approval.
Users report large loan limits with flexible terms but they require more documentation for top tiers.
3. Branch Loan App
- Loan range: ₦1,000 – ₦500,000
- Interest: 15% – 34% per month
- Tenure: 4–52 weeks
Why it’s trusted: Reports to credit bureaus and is regulated as a financial services provider.
4. PalmCredit
- Loan range: ₦2,000 – ₦300,000
- Interest: 14% – 24% per month
- Tenure: Up to 365 days
Why it’s trusted: Operated by a CBN-licensed financier and compliant with regulations.
5. QuickCheck
- Loan range: ₦1,500 – ₦500,000
- Interest: 2% – 30%
- Tenure: 30 days – 12 months
Why it’s trusted: it has an AI-based credit assessment and clear regulatory compliance with CBN standards and regulations.
6. Aella Credit
- Loan range: ₦2,000 – ₦1,000,000
- Interest: 4% – 29% per month
Why it’s trusted: Licensed financial solutions provider, regulated by CBN/FCCPC.
7. Renmoney
- Loan range: Up to ₦6,000,000
- Interest: 2.5% – 4% monthly
Why it’s trusted: it is a well-known lender with a bank-like model offering large limits and structured repayment and is fully licensed and regulated by CBN.
8. Okash (by OPay)
- Loan range: ₦3,000 – ₦500,000
- Interest: 0.1% daily
- Repayment: 91 – 365 days
Why it’s trusted: Widely used and listed among approved loan apps. Ur is owned by the reputable Opay company.
9. Easemoni Loan App
- Loan range: ₦2,000 – ₦5,000,000
- Interest: Up to 10% annual
Why it’s trusted: Collaborates with regulated institutions like Opay and complies with lending rules.
10. SuperCash
- Regulated platform with CBN/FCCPC compliance
- Popular for civil servant and personal loans
- Often used by stable income earners
Discover top 20 loan app in Nigeria 2026
How to Verify if a Loan App is CBN Approved?
It’s very easy to check and verify if a loan app is approved and licensed by Central Bank of Nigeria (CBN) and the Federal Competition and Consumer Protection Commission (FCCPC). To check and verify if a loan app is approved by CBN, follow this step:
- Visit https://fccpc.gov.ng/registration-of-digital-money-lenders/
- Scroll down the page to where you see “Full Approval”
- Type in the name of the loan app in the Search form
- Tap the search button to search for the app
If the app comes up, it’s approved, if not, it’s likely not approved.
Every loan app that is Central Bank of Nigeria (CBN) and the Federal Competition and Consumer Protection Commission (FCCPC) approved must:
- Be listed on the FCCPC approved list for 2026
- Disclose their interest rates and fees clearly
- Have registration details like company name and license
- Not harass you or demand excessive personal access
- Have support contacts and terms you can read before applying
Avoid loan apps that have been flagged by regulators. This authorities and regulators have been warning Nigerians against illegal apps that use harassment as a means of loan recovery.
Conclusion
In 2026, digital lending in Nigeria is monitored much more closely than before. Thanks to CBN and FCCPC. We advise you to use only CBN-approved and FCCPC-registered loan apps to reduce the risk of scams and to ensure your personal and financial data is protected.
