Who We Are

CreditRegistry Nigeria, officially registered and licensed by the Central Bank of Nigeria (CBN) as CR Services (Credit Bureau) Plc., is Nigeria’s preferred credit bureau. Our company, in strategic technical partnership with CreditRegistry Corporation USA (“CRUSA”), has laid the foundation for fraud-proof, large-scale consumer and small business credit in Nigeria. CreditRegistry pioneered the world’s first integration of advanced biometric technology into a credit bureau system. Our services and robust solutions help members to efficiently manage the entire credit cycle to grow revenue and reduce risk. Selected as one of Africa’s top 20 most innovative companies by Financial Technology Magazine and awarded the Product Leadership Award for credit reporting and risk management enterprise software by Frost & Sullivan, our passion is to help our customers succeed!

The Company was incorporated on January 3, 2003 as CR Services Limited and, in January 2007, admitted new shareholders and became a public liability company following a successful private placement. Trusted with Nigeria’s largest credit information database of over 40 million records (Individuals and Businesses), our members include 100% of the commercial banks, mortgage banks, microfinance banks, merchant banks, finance companies, development finance institutions, telecom operators, courier companies and other service providers.

As a modern credit bureau company focused on innovative solutions, we provide a bouquet of customer acquisition and risk management services in order to drive ones lending business through the entire credit cycle (i.e. from ‘planning’ to ‘write-off’).


Our Products and Services

Credit Report, SMARTScore, Portfolio Monitoring Report, BVN Discovery Service, Enhanced Search List, Campaign Report, Skip Tracing Report, Predictive Analytics, Service Information Packet, Credit Monitoring Service, Market Insight Report, Supplier/Business Background Checks, Employment & Address Verification, KYC and Dud Cheque Report, Customer Acquisition & Enrolment, Customer Identification & Fraud Prevention, Credit Risk Gap Analysis & Consulting and Credit Risk Management Training.


Our Vision

To be Nigeria’s #1 provider of insightful solutions that enable creditors and consumers to establish trust quickly and engage in mutually advantageous business.


Our Mission

To be the premier information provider in every financial transaction, bringing about new levels of social accountability, improved standards of living, and rapid economic growth.


Core Values (EPIC)

Excellent Customer Experience
Passion and Innovation
Continuous Learning


Company History

2001 This marked the year when the vision to pioneer a private credit bureau was born. Biometric technology was integrated into the credit bureau system later that year.

2002 In 2002, CreditRegistry Corporation conducted pilots and feasibility studies with 6 Nigerian banks and went on to receive a letter of commendation from the CBN Credit Risk Management System (CRMS) Team.

2003 January 3, 2003 CR Services Ltd. was incorporated in Nigeria. We then went on to partner with the Credit Risk Management Association of Nigeria (CRIMA) to conduct technical trials with 48 commercial banks for which we received 94% approval ratings. By December 2003, our credit bureau went LIVE with 2 banks uploading credit history of over 60,000 records.

2004 - 2006 In a land mark achievement, the company introduced facial biometrics into the CreditRegistry platform in 2004, thus becoming the first credit bureau in the world to achieve such a feat.

2007 By 2007, the company had capitalized to One Billion Naira and became a public liability company.

2008 The company diversified its subscriber base to include non-bank creditors.

2009 We obtained Approval in Principle (AIP) from the Central Bank of Nigeria (CBN) to operate as a licensed credit bureau in Nigeria.

2010 The company obtained a Final Operating License from CBN in 2010. NOTAP approval was obtained. Pioneer status was granted to the company by NIPC.

2011 This was also the year that the company's database hit the 10 million records mark. We also released a new product Portfolio Monitoring Report.

2012 We achieved 100% coverage of commercial banks with a database in excess of 12 million records. The company rolled out a new product known as 'Campaign Report'.

2013 2013 marked our 10th year anniversary and the year that we declared profit. Our database grew to over 14 million records and we became the first bureau to offer credit bureau scores in Nigeria.

2014-2016 Company hit profitability at an 858% increase from 2013. Our database grew to over 40million records from a diverse range of subscribers.

Board of Directors