Onome Amuge
Oxygen X Finance Company Limited, the digital lending arm of Access Holdings Plc, is making notable strides in Nigeria’s highly competitive financial sector. Positioned as the first standalone digital lending business by a major Nigerian bank group, Oxygen X is on a mission to redefine access to credit and become a leading force in African consumer lending through a model that prioritises purpose-driven growth and innovation.
In 2025 alone, the company has disbursed over N3.5 billion in consumer loans to 4,000 active customers, signaling a strong entry into the market. Beyond traditional cash loans, Oxygen X is broadening its product portfolio through a series of strategic partnerships aimed at providing innovative credit solutions. The company has launched “pay small small” asset financing schemes with partners like HPZ Thermocool and VGL Energy for solar products, and is also financing electric vehicles and batteries with Zoome Energy. In addition, it has partnered with Intelligra for device financing schemes.
Olayinka Alimi, acting CEO of Oxygen X, highlighted the company’s commitment to delivering tangible impact. “From day one, we’ve been intentional about delivering real impact. These results represent thousands of Nigerians who now have access to the financial tools they need to grow,” ,” Alimi said.
The company’s focus on social impact is a core part of its brand identity, as showcased by its new campaign, “You Are Next.” The campaign is designed to celebrate the resilience and determination of everyday Nigerians, while also spotlighting how access to fair credit can be a transformative force in their lives. The campaign’s messaging emphasises that success is often a combination of hard work and opportune support, a role that Oxygen X aims to fulfill.
Oxygen X’s strategy is to bridge the gap between financial potential and progress. By offering competitive loan amounts and innovative credit products, the company aims to help Nigerians move beyond simply surviving and to start thriving.
