LAPO MfB wins BusinessDay's Microfinance Bank of the Year -

LAPO Microfinance Bank Limited, (LAPO MfB), a premium microfinance institution in Nigeria, has won the “Microfinance Bank of the Year” 2022 in the 10th edition of the BusinessDay’s Banks’ and other Financial Institutions’ (BAFI) Awards event.

Oluremi Akande, head of communications and Branding, said “LAPO MfB won the award category for the 9th consecutive time; a recognition of LAPO’s industry leadership and its consistency in the delivery of its core mandate of social and economic empowerment of members of low-income households, through the provision of responsive financial services and social interventions impacting lives and communities in a sustainable manner”.

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“This award is dedicated to our loyal Clients, resilient and committed Staff, Board and Management of the microfinance bank for providing sound and strategic leadership in line with the vision of the institution,” Akande said.

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 medium enterprises in a sustainable way.

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.