LAPO advocates financial inclusion for underserved communities

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LAPO Microfinance Bank is championing financial inclusion across Nigeria, focusing on underserved communities. The institution highlighted its efforts in bridging the gap in access to formal financial systems, particularly for women, small businesses, and low-income groups. Through innovative offerings like SME loans, Xpress Savings, and mobile banking-integrated debit cards, LAPO seeks to empower individuals and business owners to access essential banking services.

This initiative aligns with Nigeria’s national financial inclusion agenda spearheaded by the Central Bank of Nigeria. LAPO’s programs have significantly contributed to the country’s progress in meeting its financial inclusion targets. The bank’s leadership emphasized that these efforts are part of a broader mission to enhance economic empowerment and build an inclusive financial ecosystem.

At the recent International Financial Inclusion Conference, Oluremi Akande, Director of Marketing and Corporate Communications at LAPO, reaffirmed the bank’s commitment to financial inclusion. He noted that LAPO is not only providing financial services but also advancing financial literacy to create sustainable pathways for economic growth.

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