PFCL Gains CBN Approval: A New Chapter Begins

We are thrilled to announce that, after a dedicated three-year journey, Preferred Finance Company Limited (PFCL) has officially secured approval from the Central Bank of Nigeria (CBN) as a full-fledged finance company. This milestone underscores our commitment to delivering trustworthy and innovative financial services tailored to the needs of our clients.

Founded in 2012, PFCL began as a Cooperative Multipurpose Society, focusing on empowering individuals through accessible financing. Over time, we expanded our vision, and with the support of our community and dedication to best practices, we worked toward becoming a recognized finance company. CBN approval now grants us the regulatory backing to offer a wider range of financial solutions, including personal and business loans, project financing, SME support, and more.

Our transformation signifies a new era of growth, allowing us to serve our clients with greater capacity, transparency, and innovative tools. We’re grateful for the support of our community and clients and look forward to making even greater strides toward financial empowerment across Nigeria.

Stay tuned as PFCL continues to expand and enhance our services in line with the highest industry standards and the trust you have placed in us.