LAPO Microfinance Bank to hold 15th AGM, reaffirms drive for financial inclusion, MSME growth
LAPO Microfinance Bank
Nike Popoola
LAPO Microfinance Bank Limited has announced its 15th Annual General Meeting (AGM) scheduled to hold on 22nd May 2026, bringing together shareholders, board members, regulatory stakeholders, development partners, and key actors in Nigeria’s financial services sector to review the Bank’s performance and strategic direction.
A statement from the bank today said the AGM will provide a platform for the Bank to present its audited financial statements, highlight key operational milestones, and outline its continued commitment to deepening financial inclusion, strengthening micro, small and medium enterprise (MSME) financing, and advancing sustainable banking practices across Nigeria.
Over the years, LAPO Microfinance Bank has maintained its position as one of Nigeria’s leading financial inclusion institutions, with a strong focus on empowering low-income households, women entrepreneurs, and small businesses through accessible financial services. The Bank has also demonstrated significant impact in MSME financing, having supported enterprises with cumulative disbursements of over N1.7 trillion, alongside targeted interventions designed to strengthen enterprise growth and resilience.
In line with evolving regulatory priorities and national development goals, LAPO MfB continues to align its operations with key policy frameworks introduced by the Central Bank of Nigeria (CBN), the Federal Ministry of Finance, and development institutions such as the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), particularly in the areas of financial inclusion, MSME development, digital finance expansion, and responsible lending practices.
Speaking ahead of the AGM, the Managing Director/Chief Executive Officer of LAPO Microfinance Bank, Cynthia Ikponmwosa, noted that the 15th AGM represents not just a statutory requirement, but an opportunity to reaffirm the institution’s mission and accountability to stakeholders.
“This year’s Annual General Meeting is a moment of reflection and renewal for us. At LAPO Microfinance Bank, we remain deeply committed to expanding access to finance for underserved communities, strengthening MSMEs as the backbone of Nigeria’s economy, and delivering sustainable value to our shareholders. Our journey has been defined by impact, resilience, and purpose—and we are even more focused on scaling that impact in the years ahead,” she said.
She further emphasized the Bank’s strategic focus on innovation, digital transformation, and sustainable finance as key drivers of future growth, noting that LAPO MfB will continue to deepen partnerships that enhance economic empowerment at the grassroots level.
The 15th AGM is expected to feature presentations from the Board and Management, interactive sessions with shareholders, and discussions on governance, risk management, and future strategic priorities.
LAPO Microfinance Bank remains committed to its mandate of fostering inclusive financial services, supporting enterprise development, and contributing meaningfully to Nigeria’s socio-economic advancement.
