1. Costs – No Win No Fee!

Having long standing relationships with all our overseas partners we have agreements to provide these services on a NO WIN NO FEE basis charging the agreed commission rate against monies recovered only.

2. Coverage in Nigeria

We cover all 36 states and the Federal Capital Territory, Abuja. We operate from offices in Lagos and Abuja.
Each state has its own set of High Court and Magistrate Court Rules. The provisions are largely similar but they apply within the specific states. However, the Federal High Court and National Industrial Court is one court with judicial divisions spread across the country.

3. Local Experience

Unlike many of our competitors all cases are handled by the local office or partner. The reasons for this are they speak the debtors’ language. English is the official language in Nigeria but there are over 500 native languages spoken. Our partner understands the local cultures and knows all the legal processes. These are reasons why Creditreform are the ideal people to help you in collecting debts from overseas.

4. Statute of Limitation in Nigeria

6 years but there are many special exemptions so whatever the age please contact us and we will advise if we can assist with your claim

How to Instruct Us

We simply require the following details:


Or ask us to call you – just leave us your details:


Nigeria Debt Collection – No Win No Fee

Creditreform operates a global specialist International debt collections service. We have local offices and fully approved expert international debt collection agency partners in every country worldwide. All our International debt collection agency partners and offices operate on a No Win No Fee basis charging an agreed commission against monies recovered only. All our international offices and partners initiate the collection processes by sending the debtors a debt collection letter to introduce their involvement.

Main reasons why a local country debt recovery agency is so important rather than trying to recover from a debt collection agency UK are as follows:

The local International Debt collection Partners know:

  1. The local cultures
  2. The best methods of initiating debt recovery letters and processes
  3. The languages
  4. The laws
  5. Are in the same time zones

Herewith details of our debt collection service Nigeria

Location of debt recovery office in Nigeria?

Ikoyi, Lagos and a correspondent office in Abuja, Federal Capital Territory.

All debt collection letters are sent by the local head office.

Number of debt collection staff?

13. Each staff member is allocated a client and all their debt collection letters are personalised in order to effect the best response results from debtors.

How long have you been operating a debt recovery service in Nigeria?

Commenced operations fully in 2014 but our Senior Partner has been in active law practice since 2004.

What type of debt collection services do you provide? Do you do commercial debt recovery (B2B) and consumer debt recovery (B2C)?

We handle both Business to Business debt recovery cases and Business to Consumer debt collections cases. There is different content for business to business debt collection letter templates and business to consumer debt collection letters templates.

Statue of Limitation in Nigeria?

6 years for Simple Debts

How EU (European Union) laws effect debt collection in Nigeria?

We apply general Conflict of Law provisions. However, for purposes of debt collection and specifically as it relates to data protection in our dealings with our EU partners, as a Nigerian Firm, we have taken into cognizance the provisions of The General Data Protection Regulation (GDPR) in working either as a Controller or a Processor and this guides our debt collection practices with our EU partners.

How many companies registries in Nigeria for businesses (i.e. UK has just 1 central registry)?

One Centralised Registry and this is the Corporate Affairs Commission (CAC) but this Commission has offices in different parts of the country.

What is the process in Nigeria?
We request for invoices and any other relevant document/correspondence regarding the debt. We initiate contact with the Debtor either by issuing a letter of demand and/or email or telephone. Upon receipt of instructions, our office maintains an initial 30 day turn around time within which we are able to determine if the debtor has been contacted, cannot be contacted or located and/or if the debt is disputed or admitted.

What is the debt collection process in Nigeria?

Upon determining the position state of the Debt and Debtor (as stated above), we are able to advise the Client on the next line of action which is either an outright demand for the payment of a debt, a negotiated payment plan, litigation/mediation/arbitration or a closure.

Can late payment fees / interest to be added to claims?

Only if this is integrated in the contract between the Creditor and Debtor. We cannot (in law) impose and demand late payment fees from a Debtor unless we are so instructed.

Details on legal service / process in Nigeria?

Our process is pretty much the same as the UK as we follow the English Legal System and we still uphold English Common Law principles. We have different Rules guiding litigation process in Nigeria and this is determined by subject matter jurisdiction of different courts e.g. Magistrate Courts, High Courts, Federal High Court and National Industrial Court. It is also further determined by territorial jurisdiction of the different states in the Country. Nigeria has 36 states and the Federal Capital Territory, Abuja and each state has its own set of High Court and Magistrate Court Rules. The provisions are largely similar but they apply within the specific states. However, the Federal High Court and National Industrial Court is one court with judicial divisions spread across the country.

Nigeria Business Credit Reports

Creditreform provides over 88 million international business credit reports throughout Europe and 200 million international business credit reports worldwide. We provide freshly investigated Nigeria Credit Reports which can be done prior to trading to make sure the company you will be dealing with can meet the commitment or once the debt becomes overdue to ensure the debtor can meet the amount owed.

Nigeria Tracing Agents

Creditreform’s debt collection company service also uses expert local Nigeria tracing agent services to locate any absconded debtor. This debtor tracing service is provided on a No Find No Fee basis only charging for a successful trace.

Specialist Debt Recovery Experts

There are many unique requirements to recovering international debts in all countries including Nigeria debt collection services which differ from the UK and therefore it is very important that cases are handled directly by our expert international debt collection agencies and not from debt collectors UK. This method of international debt collection sets Creditreform aside from the competition who in many cases try and recover debts from a UK debt collector only. Using the local offices and partners enables us to achieve a far greater success rate and our No Win No Fee service together with competitive commission rates against monies recovered only ensures you get the best service.

“We are pleased with the friendly and efficient service of Adrian Harding and staff at Creditreform in collecting outstanding overdue debts on our behalf. Some accounts, especially those located overseas have been difficult customers but we are pleased with the high rate of success. We also appreciate that they keep us informed and constantly updated on the progress of the collection”
Bryan de Beer, Phoenix Fragrances
“Within 48hrs of Creditreform being involved a resolution was agreed and within the week paid in full. The professionalism of the Creditreform team was second to none and I would and indeed do recommend them to colleagues in a similar difficult position This situation was the first time we have had to employ a company for debt recovery and it was good to feel that you have someone else ‘on your side’.”
Dean Lake, Lake Contracts
“We have been using Credit Reform for a number of years now and we have always been dealt with in a professional and friendly way. Over time, Creditreform have managed to achieve good results for us. Would definitely recommend.”
Anna Zhakrova, Catering Hygiene Specialists Ltd
“I have worked with Creditreform for many years and always received a first class service. Keep up the good work”
Russell Hardwick, MSC Industrial