Again, LAPO MfB wins Microfinance Bank of the Year

LAPO Microfinance Bank Limited, (LAPO MfB) a premium and frontline financial institution, has been conferred with the award of the “Microfinance Bank of the Year” in the 9th edition of the Businessday Banks’ and other Financial Institutions’ (BAFI) Awards.

In a press statement, Oluremi Akande, head, Communications & Branding, said “ LAPO MfB has won this award for the 8th consecutive times; an implicit Indication of LAPO’s unflinching commitment to its over 30 years mandate of empowering members of low-income households, impacting communities and environment in a sustainable way.

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“This award is dedicated to our over six million loyal clients spread across 34 states of the country, including the Federal Capital Territory (FCT), our extremely dedicated staff, board and management who in spite of visible challenges have an uncommon resolve to serve our various stakeholders’ interests sustainably and profitably.

Akande said LAPO MfB remains committed to its over 30 years mandate of empowering members of low-income households and owners of MSME by providing easy access to micro-credits, social interventions funding and advocacy support.

Hope Moses-Ashike

Hope Moses-Ashike is an Associate Editor, Banking and Finance, with more than a decade of experience reporting on Nigeria’s financial system and broader economy. She closely tracks market movements, monetary policy decisions, company disclosures, regulatory actions, economic indicators, and global developments, and interprets what they mean for businesses, investors, policymakers, and households. Her reporting helps readers understand complex issues such as inflation trends, foreign exchange market dynamics, interest rate decisions, bank performance, and investment risks. She also covers major international events and periodically travels to Washington, D.C., to report on the World Bank/IMF Spring and Annual Meetings. Her dedication to financial journalism has earned her multiple recognitions and invitations to high-level professional development programmes. She is an alumna of the International Visitors Leadership Programme (IVLP) in the United States and holds an Advanced Financial Journalism Certificate from the Press Association Training in London, UK. Her other notable achievements include completing the Lagos Business School CMC Programme, the Bloomberg Media Africa Initiative Programme, and a Master Class in Journalism at Rhodes University in South Africa.