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IFC Executives Visit LAPO MFB, Pledge Commitment To Financial Inclusion In Nigeria 


In a bid to further advance financial empowerment and inclusion in Nigeria, executives of the International Finance Corporation (IFC) recently visited LAPO Place, headquarters of LAPO Microfinance Bank in Lagos.

The visit underscored the shared vision and partnership between the two institutions, aimed at fostering financial inclusion and economic empowerment across the country.

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The presence of the IFC, a global leader in private sector development within the World Bank Group, at LAPO Place reflects the importance of strategic alliances in driving sustainable economic growth. The collaboration between LAPO Microfinance Bank and IFC testifies to the power of partnerships that go beyond financial services to create impactful social change.

For LAPO Microfinance Bank, a pioneering force in empowering underserved communities and championing women entrepreneurs, this visit was a powerful acknowledgment of its efforts in breaking barriers and facilitating access to essential financial resources for millions.

During the visit, the IFC executives received a comprehensive overview of LAPO’s diverse range of financial solutions tailored to meet clients’ unique needs.

From microloans designed to bolster small businesses to savings products that encourage financial independence, LAPO Microfinance Bank’s dedication to community growth was clear. The bank also showcased special initiatives aimed at empowering women entrepreneurs, a vital demographic in Nigeria’s economic landscape.

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Speaking during the visit, Director of Marketing and Corporate Communications, Oluremi Akande said: “We take pride in being more than just a bank; we are a trusted partner for progress, and our solutions are geared towards nurturing economic resilience and independence.

“The journey of financial inclusion is ongoing, but with partners like IFC, we are more confident than ever in our ability to reach new heights and empower more Nigerians.”

The visit provided an opportunity for discussions on strategic growth and innovation in the financial sector, with executives from both organizations exchanging ideas on how to deepen their collaborative impact.

Topics explored included integrating technology-driven solutions to enhance customer experiences and broadening financial service reach in underserved areas. This visit reinforced the shared resolve of LAPO Microfinance Bank and IFC to align with global best practices while remaining rooted in community-centric values. Their collective commitment sends a strong message: financial inclusion is not just a policy; it is a mission that transforms lives and builds sustainable economies.

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As LAPO Microfinance Bank continues to expand its reach and impact, its collaboration with international organizations like the IFC remains a cornerstone of its strategy by leveraging such partnerships, the bank aims to extend financial services and drive holistic economic growth, uplifting entire communities.

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The visit ended with a shared commitment to continue working together to tackle financial challenges, create innovative new solutions and push for broader economic development in Nigeria.

The convergence of LAPO Microfinance Bank and IFC at LAPO Place serves as a reminder that partnerships rooted in shared goals can pave the way for sustainable progress and inclusive prosperity.



Joshua Okoria

Joshua Okoria is a Lagos based multi-skilled journalist covering the maritime industry. His ICT and graphic design skills makes him a resourceful person in any modern newsroom. He read mass communication at the Olabisi Onabanjo University and has sharpened his knowledge in media practice from several other short courses. 07030562600, hubitokoria@gmail.com

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