The company was incorporated as XDS Solutions Limited in May, 2005 with RC. No 623894 and having satisfied the conditions for the grant of a credit bureau license under the Central Bank of Nigeria Act, No. 7 of 2007, was granted final operating license on the 28th of May 2009 to operate a credit bureau in Nigeria.
FIRSTCENTRAL CREDIT BUREAU LIMITED is part of an emerging Continental brand - XDS - that is committed to designing and deploying solutions that turn data into strategic tools for information and risk management.
It leveraged on the extensive involvement of its previous technical partner, Xpert Decision Systems (XDS) Pty Limited of South Africa, with credit bureau operations in South Africa, Ghana, Malawi, United Arab Emirates and Australia in making available to the Nigerian market, a suite of innovative and user-friendly information and credit management solutions.
In furtherance of its commitment to provide the country with independent and credible credit information reporting services, no financial institution owns equity nor participates in the management of the company. This makes the company Nigerias only independent credit bureau.
Our Competitive Advantage
The effectiveness and success of any financial economy relies on a credit system that has the ability to cut across all sections of the society and deal with issues and challenges as they arise
FIRSTCENTRAL CREDIT BUREAU LIMITED is committed to being a major innovator in this market segment
• FIRSTCENTRAL CREDIT BUREAU LIMITED is Nigerias first and only independent credit bureau
Ranked Number 1 credit bureau in Nigeria with the largest subscriber base and the widest coverage with representation in some Africans and still growing
Strong and growing market presence that spans the entire country and expanding into other African countries
• FIRSTCENTRAL CREDIT BUREAU LIMITED Prides in delivering a customer centric service delivery platform including a well manned Dispute Resolution Unit
• Fast, User friendly portal and easy to interpret reports with innovative, value adding services at affordable prices
• FIRSTCENTRAL CREDIT BUREAU LIMITED Leverages tested and world-class technological processes to deliver value to all its customers.
• Market Share
Over 1,500 corporate subscribers across Nigeria from commercial bank, discount houses, mortgage institutions, leasing companies to retailers
Over 450 Million records