LAPO Microfinance Bank has reaffirmed its commitment to supporting small businesses after clinching the awards for Best Microfinance Bank Supporting Small Businesses and Microfinance Bank of the Year 2025 at the 6th edition of the Nigeria National SME Business Awards.
The prestigious recognition was conferred by the Association of Small Business Owners of Nigeria (ASBON) in collaboration with the Lagos State Ministry of Commerce, Cooperatives, Trade and Investment, in acknowledgement of the Bank’s sustained contributions to the growth and sustainability of small and medium enterprises (SMEs) across Nigeria.
According to the organisers, the awards recognise LAPO MfB’s measurable impact in advancing financial inclusion, expanding access to credit, and delivering innovative financial solutions tailored to the needs of entrepreneurs and small business owners.
Receiving the awards on behalf of the Bank, the Director of Marketing and Communications, Oluremi Akande, described the recognition as a strong validation of the institution’s long-standing commitment to empowering entrepreneurs and strengthening Nigeria’s SME ecosystem.
“This recognition underscores our unwavering commitment to supporting small businesses, which are critical to Nigeria’s economic growth and development. At LAPO Microfinance Bank, we remain focused on providing inclusive financial services that enable entrepreneurs to grow and sustain their businesses,” Akande stated.
She further noted that the Bank would continue to deepen its interventions in the SME sector through innovative financial products, capacity-building programmes, and strategic partnerships aimed at improving business sustainability and economic empowerment.
“We are honoured by this recognition and encouraged to do more. Our goal remains to scale our impact and ensure that more small business owners have access to the financial tools and support they need to succeed,” she added.
The Nigeria National SME Business Awards is an annual initiative designed to celebrate organisations and institutions that have demonstrated outstanding commitment to supporting the SME ecosystem through sustainable business practices, structured interventions, and inclusive growth strategies.
Industry stakeholders say the latest recognition further reinforces LAPO MfB’s growing reputation as one of Nigeria’s leading microfinance institutions dedicated to empowering entrepreneurs and driving grassroots economic development.
