LAPO Microfinance Bank wins big at DBN awards

LAPO Microfinance Bank Limited (LAPO MfB) has won five awards categories from the Development Bank of Nigeria (DBN), in recognition of its support to the growth of low-income businesses.

At the DBN’s 5th-year anniversary event, LAPO MfB won the awards of: “MfB with the Highest Impact on Women MSMES, MfB with the Highest Impact on MSMEs in Nigeria, MFI with the Highest Impact on the South-West Zone, MFI with The Highest Impact in the South-South Zone and DBN Platinum Service Ambassador- Bank Category. 2021”

In a statement signed by Oluremi Akande, head, of communications and branding said “The management of LAPO MfB appreciates the Development Bank of Nigeria for these awards; it is an explicit recognition of the bank’s immense contributions to the growth and development of MSMEs and impact made on members of low-income households through the provision of easy access to credit and other social interventions in a sustainable manner”

“As a pro-women development-focused institution, we are deliberate about financial and social empowerment for female entrepreneurs who actively participate and contribute to the economy primarily through entrepreneurial business activities”.

LAPO MfB remains committed to its over 30 years mandate of social and economic empowerment of members of low-income households and owners of micro small and medium enterprises.

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.