FirstCentral Credit Bureau

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 global brand that is committed to designing and deploying solutions that turn data into strategic tools for information and risk management.

At inception FirstCentral leveraged on the technical partnership of Xpert Decision Systems (XDS) Pty Limited of South Africa, with established credit bureau operations in South Africa, Ghana, Malawi, United Arab Emirates and Australia.

In furtherance of its commitment to provide the country with independent and credible credit information reporting services, FirstCentral entrenched the policy not to allow any no financial institution to own equity nor participates in the management of the company. This makes the FirstCentral the only Nigeria’s only independent credit bureau.

  • FIRSTCENTRAL CREDIT BUREAU LIMITED is Nigeria’s 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
  • FIRSTCENTRAL CREDIT BUREAU LIMITED prides itself in delivering a customer-centric service delivery platform including a robust Dispute Resolution Unit

Our Competitive Advantage

The effectiveness and success of any financial economy relies on a credit system that has the ability to transcend all tiers of society and deal with issues and challenges as they arise.

  • Efficient, 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.
  • Over 3,000 subscribers across Nigeria from commercial bank, discount houses, mortgage institutions, leasing companies to retailers over 1 billion records.

FirstCentral Credit Bureau

Our Profile

FirstCentral Credit Bureau Limited is the only Nigeria’s independent and first licensed credit bureau.

Our Mission and Vision

To professionally manage an independent world-class credit bureau. Develop and maintain a highly responsible credit accountability culture that caters to the needs of the growing market.

Our History

2009 – FirstCentral Officially Granted License to Operate In Nigeria.

2010 – FirstCentral Moved into Microfinance Banking/Credit Bureau.

Our Leadership

FirstCentral Credit Bureau comprises of an excellent team of passionate Executive and Non-Executive directors who lead by example. Some of our Directors have over 40 years of verifiable good Credit History across the world and still counting.

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