Sohih Capital Limited has secured regulatory approval to commence operations, marking a significant step in its mission to provide structured financing solutions to individuals and Micro, Small and Medium Enterprises (MSMEs).

The approval authorises Sohih to offer financial services designed to support everyday Nigerians, MSMEs, and underserved segments seeking more balanced and transparent financing alternatives.

The MD of Sohih, Muftau Oyesomi, described the milestone as more than a regulatory step, noting that it reflects a broader commitment to responsible and value-driven finance.

“This is not just about starting operations; it is about redefining access to finance in a way that is fair, transparent, and aligned with the realities of the people we serve. Sohih is built to provide a practical alternative for individuals and businesses who require financing without being burdened by interest-based structures.”

The company stated that its model is anchored on disciplined financing, proper assessment, and structured engagements that promote sustainability for both clients and the business.

Sohih emphasised that its focus is not only on providing access to funds, but also on simplifying the process and making non-interest financing easier to understand, easier to access, and more seamless for users.

With an initial rollout in Lagos, the company plans to expand its services to other parts of Nigeria over time, as it builds capacity and strengthens its operational framework.

The company added that its services are open to all individuals and businesses seeking transparent and fair financing solutions, regardless of background, with a strong focus on MSMEs that require timely and responsible capital support.

Industry observers note that the increasing demand for alternative financing models reflects a shift in how individuals and businesses approach financial growth, with greater emphasis on fairness, sustainability, and shared outcomes.

As Sohih commences operations, individuals and businesses interested in its non-interest financing solutions can learn more by visiting www.sohih.ng
.