The Development Bank of Nigeria has entered into partnership with LAPO Microfinance Bank to support 10,000 businesses in the Micro, Small and Medium Enterprises sector with low interest loans. The DBN said in a statement on Tuesday that the loan was part of measures aimed at addressing the financial challenges facing the MSMEs in the […]
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The Nigerian Postal Service said on Monday that it had reached an agreement with the Lift Above Poverty Organisation Microfinance Bank to support the financial inclusion campaign of the Central Bank of Nigeria. It said the partnership would reduce the savings gap between rural and urban residents in the country. The Benin Zonal Manager, NIPOST, […]
Read More LAPO Microfinance Bank, a subsidiary of the Lift Above Poverty Organisation (LAPO), has disbursed ₦89.6 billion as loan from January to August 2017 via 447 branches in 29 states and the Federal Capital Territory, ABUJA, as part of effort to grow micro and small businesses in the country. Collectively, institutions in the LAPO system disbursed […]
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