How MTN and Fiducia Are Expanding Supply Chain Finance for Nigerian Businesses

For many businesses in Nigeria, access to working capital remains one of the biggest barriers to growth. A new partnership between MTN Nigeria and Fiducia is seeking to change that by expanding supply chain finance opportunities for suppliers and vendors operating within MTN’s ecosystem.

Fiducia, a supply chain finance company, has entered into a strategic partnership with MTN Nigeria to improve access to financing solutions for businesses across the telecommunications company’s value chain.

The collaboration is expected to provide suppliers and vendors with faster access to liquidity, helping them manage cash flow more effectively, meet operational obligations, and pursue growth opportunities without waiting for lengthy payment cycles.

The move comes at a time when many Nigerian businesses, particularly small and medium enterprises, continue to face difficulties accessing affordable financing through traditional lending channels. Supply chain finance has increasingly emerged as an alternative funding model that enables businesses to unlock cash tied up in receivables, strengthen resilience, and improve day-to-day operations.

Under the partnership, Fiducia will deploy its technology-driven platform to connect buyers, suppliers, and financiers, creating a more seamless process for businesses seeking access to working capital.

Speaking on the collaboration, Ayotunde Awe, Acting CEO of Fiducia, said: “At Fiducia, our mission is to bridge the financing gap that continues to hinder the growth of businesses across Africa. This partnership with MTN Nigeria represents another important step towards enabling more businesses to access the liquidity they need to thrive and scale sustainably.”

The partnership also reflects a broader trend among large corporates seeking to strengthen supplier ecosystems by enabling access to financing tools that support business continuity and long term growth.

Modupe Kadri, Chief Financial Officer, MTN Nigeria, highlighted the company’s focus on supporting businesses within its network. “MTN Nigeria remains committed to supporting the growth of businesses within our ecosystem. Through this collaboration with Fiducia, we are providing our suppliers and partners with greater opportunities to access financing that will strengthen their operations and contribute to broader economic growth.”

Nigeria’s supply chain financing landscape has gained increasing attention in recent years as businesses look for alternatives to conventional credit facilities amid rising borrowing costs and tighter lending conditions.

By combining MTN Nigeria’s extensive supplier network with Fiducia’s financing infrastructure, the partnership is expected to create greater financial flexibility for participating businesses while advancing efforts aimed at financial inclusion and enterprise development.

As companies continue to seek new ways to support their vendors and partners, collaborations such as this could play a growing role in improving access to capital and strengthening business ecosystems across Nigeria.