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October 23, 2026
The Industry
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LAPO MfB wins Microfinance Bank of Year at the 13th BAFI Awards

LAPO Microfinance Bank has been recognized as the Microfinance Bank of the Year at the 13th edition of the Banks and Other Financial Institutions (BAFI) Awards. This marks the bank’s 12th consecutive win in this category, a testament to its consistency, resilience, and innovation in the microfinance sub-sector.

Speaking at the event, Oluremi Akande, Director, Marketing & Communications, LAPO Microfinance Bamk, says ” LAPO has consistently won this award category, a clear recognition of our invaluable contributions and impact made through the delivery of superior financial services to the last-mile ”

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Furthermore, Akande reiterates that LAPO MFB operates through a netwrok of over 500 branches located in across 34 states, including the FCT. Commulatively has disbursed over 1.7trn in micro loans to MSMEs. Beyond credit provides employment to over 6,000 nigerian youths, provided scholarships to over 5,000 beneficiaries and remains committed to leading the advocacy for environmental and social causes in the most sustainable manner .

We dedicate this award to our loyal customers and committed staff who made our vision of providing financial empowerment possible.

CAPTION: L-R Oluremi Akande, Director Marketing & Communications, LAPO MfB, Lilian Ehigiamusoe, ED Operations, Israel Aibuedefe, ED, Business Support and Emmanuel Igiehon, CFO

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