US-based Nigerian, Habeeb Fasuyi’s Gestures

Habeeb Fasuyi, boss of  Option Financial Services, is always busy flying high.

The Maryland, US-based businessman is rooted in his uncommon brilliance and business acumen. Thus, his exploits are not in any way surprising to those who knew him early in life.

“As a highly intelligent man, the Chartered Accountant began to exhibit a high level of skills and attitude very early in life,” a source said.

When he dabbled into business many years ago, his clear vision was to make his company the leading financial firm in its area of operation. Today, with determination and hard work, he has steadfastly achieved his dream.

The serial entrepreneur, who early in life imbibed the culture of giving back to society, has introduced a new loan initiative designed to empower small and medium-sized enterprises (SMEs) with collateral-free loans aimed at fostering growth and sustainability.

He officially launched the product, Daily Loan Solutions, recently in Lagos.

The certified public accountant explained that the development of this loan product, alongside other innovative services offered by his firm, is in direct response to the federal government’s call for Nigerians in the diaspora to return home and contribute to the nation-building process.

He said, “We have always believed that one of the ways to support the government’s initiatives towards nation-building is by encouraging the private sectors to engage in activities that would help stimulate economic growth.

“I have attended several forums in the US, where Nigerian government officials as well as governors and some state officials had come to appeal to Nigerian entrepreneurs to come back home and invest.”

The initiative, as gathered, is targeted at petty traders like small restaurant owners, pure water sellers, street hawkers, and several others who may never be able to provide the collateral required for accessing regular loans from traditional financial institutions.

This, it was gathered, is their own little way of giving back to the community and they are inspired by the US and other developed countries, where the private sectors, via different initiatives, play pivotal roles in growing and developing the economy. We gathered that over N800m has so far been expended into the initiative since its inception in 2024.