Advans Nigeria launches payroll service

Advans La Fayette Microfinance Bank announced the launch of its payroll service for SMEs

Advans La Fayette Microfinance Bank has announced the launch of its payroll service for small and medium-sized enterprises (SMEs).

Advans Payroll focuses on servicing the payroll needs of SME business owners, which includes directly depositing funds, bonuses and ensuring that their employees are paid promptly. The service is available to all existing and prospective Advans Nigeria SME clients.

Speaking at the soft launch, Olawale Raheem, head of business development, Advans Nigeria, stated, “The new payroll service has been designed to suit the payroll requests of each client. SMEs no longer need to pay their employees in cash.”

“The Advans Payroll Service is the latest addition to our growing list of SME products and is very important to us as it allows our SME clients save valuable time and personnel resources, giving them more time to focus on growing the business and generating more profit,” said Gaetan Debuchy, managing director/CEO, Advans Nigeria.

SMEs can onboard on the Advans Payroll Service by visiting the nearest branch of Advans La Fayette Microfinance Bank or visiting www.advansnigeria.com.

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.