Naija Ease is one of the digital lending apps in Nigeria developed by Summit Finance Limited, which offers fast, short-term personal loans with no collateral. The app is designed for quick cash disbursement to those who are in urgent financial need and allows users to apply for, receive, and repay loans through their smartphones.

With Naija Ease you can get emergency funds for bills, school fees, or personal expenses in the simplest way.

What is NaijaEase?

Naija Ease is a mobile loan app that offers instant, no-collateral personal loans that range from ₦1,000 to ₦100,000, repayable over a fixed period of 90 days. The loan app is operated by Summit Finance Limited, a microfinance company that is based in Lagos and is officially licensed and regulated by the Lagos State Government and listed on the FCCPC (Federal Competition and Consumer Protection Commission) registry of approved digital lenders in Nigeria.

The app is suitable for Nigerians who are in need of small, fast loans without the hassle of paperwork or bank visits.

See Also: 30 best loan app in nigeria 2025

How Naija Ease Loan Works

To access a loan from Naija Ease, you’ll need to use their mobile app, currently available on Android. Simply download the app, sign up, and register for a loan. Once you complete the application, they will review your loan request, and if approved, the loan will be disbursed directly to your bank account.

Loan Features:

• Loan Amount: ₦1,000 – ₦100,000
• Repayment Term: Fixed at 90 days
• Collateral: None required
• Approval Time: As fast as a few minutes
• Disbursement: Direct to bank account

Once you install the app, you can register using your BVN, phone number, and other personal information. The system will evaluate your creditworthiness, and if approved, the loan will be disbursed straight into your bank account.

Eligibility Criteria

To access a loan on Naija Ease, you must meet the following requirements:

• Be a Nigerian resident
• Be between 18 and 60 years old
• Have a valid Nigerian bank account and BVN
• Own a smartphone with internet access
• Provide accurate personal and contact information

The proof of income is not always required, but having a stable income source may improve your chances of getting approved.

See Also: Eager Loan App (Download, Requirements, Interest rate, 2025 Review)

Application Process

The application process is easy and fully online, and here’s how you can do it:

1. Download the App: Search for “NaijaEase Loan App” on the Google Play Store and install it on your Android device.
2. Sign Up: Enter your full name, phone number, BVN, and other required details.
3. Apply for a Loan: Choose your desired loan amount and confirm your repayment plan.
4. Link Your Bank Account: Connect your bank account to the loan app for you to receive the disbursement.
5. Receive Your Loan: Once approved, funds are sent to your bank account within minutes.
6. Repayment: Repay your loan via the app before the deadline to avoid penalties or fees.

Click here to download NaijaEase Loan App

Interest Rates and Fees

Naija Ease loan app charges 2% to 3% monthly interest, which translates to 24% to 36% annual percentage rate (APR). Here’s what it means:

• Loan Amount: ₦10,000
• Tenure: 91 days
• APR: 24%
• Total Repayment: ₦10,598

According to the platform, there are no hidden fees outside the disclosed interest, but late payments may attract penalties, and the app may initiate a GSI that will allow the loan app to automatically debit any of your linked bank accounts to recover their unpaid loans.

Is Naija Ease Legit?

NaijaEase is a legitimate loan app in Nigeria, operated by Summit Finance Limited, which is:

• Licensed by the Lagos State Government
• Listed on the FCCPC registry of approved loan apps
• Headquartered in Lagos
• Has a physical office at 33 Odozie Street, Ojodu-Berger, Lagos

It has also been downloaded over 50,000 times and continues to gain users trust. This confirms it is not a scam or fake loan app.

Customer Reviews and Complaints

Positive Feedback:

• Fast approval and disbursement
• No collateral required
• Low minimum loan amount (₦1,000)
• Simple registration process

Common Complaints:

• Some users reported extra fees beyond the interest charged.
• Technical glitches, such as being unable to log in and facial recognition errors
• Customer support delays
• There are reports of harassment and threatening messages from debt collectors during overdue periods.

While many users have a smooth experience, others have faced challenges related to repayments and customer service. Like many other loan apps in Nigeria, Naija Ease loan app has been accused of aggressive loan recovery practices, including contacting borrowers’ emergency contacts.

Important: Harassment or defamation is illegal under FCCPC guidelines; if you face this, you can report the lender to the appropriate authority.

Final Thoughts

Based on our review and users feedback, Naija Ease loan is a legitimate loan app in Nigeria that is approved by CBN and offers quick, short-term credit without collateral with loans up to ₦100,000 for 90 days.

See Also: 30 best loan app in nigeria 2025

However, you can still review the loan terms and conditions and avoid borrowing more than what you can repay. With the above information, you should be able to know the Naija Ease loan app requirements, interest rates, and repayment plans, as well as user review ratings, which will help you to take the necessary steps.