LAPO Microfinance Bank has received multiple high-profile awards from key national institutions in recognition of its significant contributions to enterprise development, agricultural finance, gender empowerment, and workforce advancement.
At a recent award ceremony hosted by the Development Bank of Nigeria (DBN), LAPO Microfinance Bank was named:
• Microfinance Bank with the Highest Impact on MSMEs in Nigeria
• Microfinance Bank with the Highest Impact on Women-Owned MSMEs
• Participating Financial Institution (PFI) with the Highest Impact in the South-South Region of Nigeria
These accolades acknowledge LAPO’s leading role in expanding access to finance for micro, small, and medium enterprises across the country, particularly those owned by women. With a client base largely composed of underserved populations, LAPO has championed financial inclusion through innovative credit solutions and business support systems tailored to women entrepreneurs and regional economies.
In a separate recognition, the HortiNigeria programme presented LAPO Microfinance Bank with its Recognition Award for outstanding contributions to the development of Nigeria’s horticulture sector. The award commends the bank’s commitment to improving access to finance for horticultural actors and its strategic efforts to promote a sustainable, inclusive agricultural economy. LAPO’s support for smallholder farmers, agri-SMEs, and rural communities continues to strengthen value chains and contribute to food security nationwide.
Further solidifying its reputation as a people-focused institution, LAPO Microfinance Bank was awarded the title of Best Human Resources for the Year 2023 by the Industrial Training Fund (ITF). This recognition highlights the bank’s sustained investment in employee training, upskilling, and welfare—critical factors that have enhanced productivity and organizational effectiveness.
Reacting to the honours, Oluremi Akande, Director of Marketing and Communications, LAPO Microfinance Bank, remarked:
“These awards reflect our unwavering mission to promote economic empowerment and social advancement through inclusive finance and institutional excellence. From MSMEs and women-led enterprises to agricultural communities and our own staff, we are deeply committed to building prosperity at every level.”
With over 30 years of service in Nigeria’s financial ecosystem, LAPO Microfinance Bank continues to stand at the forefront of community transformation and sustainable development.