NIGERIAN CONSUMER CREDIT CORPORATION EXPRESSION OF INTEREST/REQUEST FOR PROPOSALEngagement of Legal Consultant for Legal Due Diligence and Enhanced Due Diligence Services

PRO/OMD/GEN/2025/034

1. INTRODUCTION
The Nigerian Consumer Credit Corporation (CREDICORP) is a DevelopmentFinance Institution established by the Federal Government of Nigeria todemocratize access to consumer credit for the nation's working population. Itaims to accelerate consumer credit access to 50% of economically activeNigerians by 2030 by removing structural and market barriers and catalyzingthe industry with capital, guarantees, and policy.“CREDICORP” invites applications along with fee quote from Legal firms withcurrent experience of handling similar services, preferably in a Developmentfocused institution.

PROJECT DESCRIPTION

Engagement of Legal Consultant for Legal Due Diligence and Enhanced Due Diligence Services

2. SCOPE OF SERVICE

The selected consultant will be responsible for end-to-end design,

development, and implementation of the following frameworks:

• Legal Due Diligence (LDD)
  1. Corporate and legal status verification of PFIs, vendors, and partners.
  2. Review of incorporation documents, regulatory licenses, litigation history,and corporate filings.
  3. Assessment of board structure, shareholder composition, and beneficialownership.
• Enhanced Due Diligence (EDD)
  1. Deep dive investigations into entities flagged for higher risk (e.g., politicallyexposed persons, complex shareholding structures).
  2. Review of anti-money laundering (AML) compliance policies andprocedures.
  3. Public domain checks, sanctions screening, and adverse media reporting.
• Regulatory Compliance and Risk Advisory
  1. Advising on identified legal and compliance risks.
  2. Recommending mitigation steps, contractual protections, or disqualificationof counterparties where appropriate.
• Documentation and Reporting
  1. Preparation of comprehensive legal due diligence reports for each entityreviewed.
  2. Presentation of findings and red flags to internal governance and riskcommittees.
  3. Maintenance of a due diligence register and periodic update mechanisms.

3. AMENDMENT OF RFP DOCUMENT

CREDICORP reserves the sole right to include any addendum to this entire

selection process.

4. ELIGIBILITY CRITERIA

Interested firms shall submit the following minimum verifiable requirements to

be eligible for engagement consideration:

• Evidence of Certificate of Incorporation with the Corporate AffairsCommission (CAC) including Form CAC 2 and CAC 7.
• Evidence of Company Income Tax Clearance Certificate for the lastthree (3) years. (2022, 2023 & 2024) valid till 31st December, 2025.
• Evidence of Current Pension Compliance Certificate valid till 31stDecember, 2025.
• Evidence of Current Industrial Training Fund (ITF) Compliance Certificatevalid till 31st December, 2025.
• Evidence of Current Nigerian Social Insurance Trust Fund (NSITF)compliance Certificate valid till 31st December, 2025;
• Evidence of Registration with the National Database of FederalContractors, Consultants and Service providers by submission of InterimRegistration Report (IRR) or valid Certificate issued by Bureau of PublicProcurement.
• Evidence of Professional Qualifications and License
• Sworn affidavit disclosing that the Bidder is neither in receivership nor asubject of insolvency/bankruptcy/winding up proceedings.
• Company Audited Statement of Accounts for the last three (3) years(2022, 2023 & 2024)
• Evidence of Financial Capability to execute the assigments
• Company’s Profile, including current evidence of registration of both thecompany and key personnel with relevant professional bodies.
• Verifiable documentary evidence of at last three (3) similar jobsexecuted in the last five (5) years including engagement letters.
• Consent to allow for Verification of all the documents submittedincluding CAC, Federal Inland Revenue, Pension & Industrial TrainingFund and Company’s financial standing with bankers.
• For Joint Venture/Partnership, Memorandum of Understanding (MoU)should be provided (CAC, Tax Clearance Certificate, PensionCompliance Certificate, ITF Compliance Certificate, NSITF ComplianceCertificate, IRR & Sworn Affidavits are compulsory for each JV partner).g)All documents for submission must be transmitted withCovering/Forwarding letter under the Company/Firm’s Letter HeadPaper bearing amongst others, the Registration Number (RC) as issuedby the Corporate Affairs Commission (CAC), Contact Address,Telephone Number (preferably GSM No), and e-mail address. TheLetterhead Paper must bear the Names and Nationalities of the Directorsof the Company at the bottom of the page duly signed by theauthorized officer of the firm.

5. SUBMISSION OF EOI DOCUMENTS /RFP

The Submission of EOI/Request for Proposal shall be presented in a PDF

file format and submitted via email.

6. Fee Quote

Firms shall also submit composite fee quote for the assignments mentioned.

7. OPENING OF EOI AND RFP

The EOI documents and RFQ shall be opened immediately after the deadlines

for submissions at CREDICORP Head Office, by 12:00 noon on 21st August, 2025.

Bidders are all invited to witness the process.

8. GENERAL INFORMATION

1. Request for Proposals must be in English Language and signed by anofficial authorised by the bidder.
2. Request for Proposals shall not be accepted after the deadline.
3. The CREDICORP is neither committed nor obliged to shortlist any firm.
4. The CREDICORP will only recognize and correspond with only authorisedofficers of the applicant’s companies and NOT through individuals oragents acting on their behalf.
5. This advertisement for invitation shall neither be construed as acommitment on the part of the CREDICORP nor shall it entitle anycontract to make any claims whatsoever and /or seek any indemnityfrom the CREDICORP.
6. Submission with false document is an offence, which will lead todisqualification and prosecution.
7. The applicants shall bear all costs associated with the preparation andsubmission
8. The Applicant is expected to examine all instructions, forms, terms, andspecifications in this RFP. Application shall be deemed to have beendone after careful study and examination of this RFP with fullunderstanding of its implications.
9. The information contained in this Request for Proposal (RFP) documentor information provided subsequently to applicants, is provided to theapplicant(s) on the terms and conditions set out in this RFP documentand all other terms and conditions subject to which such information isprovided.
10. CREDICORP is not bound to pre-qualify/shortlist any firm and reserves theright to annul the Procurement Process at any time without incurring anyliabilities in accordance with Section 28 of the Public Procurement Act2007.

For inquiries and submission, please contact:

Telephone - 09088758476

email - enquiries@credicorp.ng

Signed

Management CREDICORP