• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, May 29, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

LAPO microfinance disburses N74bn loan to MSMEs in Q1

MSMEs

The Matters Press by The Matters Press
July 11, 2023
Reading Time: 1 min read
0
Nigeria disburses N56bn to MSMEs

Abuja, July 11, 2023: Lift Above Poverty Organisation (LAPO) Microfinance Bank has disbursed N74 billion in the first half of the year.

RELATED POSTS

Increasing oil rigs, a big score for Nigeria’s petroleum sector reforms

Pope’s invitation to Tinubu reflects Nigeria’s relevance in global affairs -TMSG

Tinubu espouses Nigeria’s unity, diversity at Pope Leo’s inauguration

Mr Oluremi Akande, the bank’s Head of Marketing and Communications, in a statement said LAPO in the last decade, disbursed over N1 trillion to owners of micro, small, and medium enterprises in Nigeria.

Akande said that the bank’s 2023 strategic objective was to disburse over N200 billion by the end of the 2023 financial year.

“LAPO MfB remains committed to its core mandate of providing easy access to credits to owners of micro, small, and medium enterprises.

“Members of low-income households who are financially excluded from the formal financial sector will also benefit from the bank’s easy access to credit.

“This underscores our firm resolve to continue to promote economic activities and contribute meaningfully to economic growth,” he said.

He said that LAPO MfB was committed to its over 30 years mandate of social and economic empowerment of members of low-income households and owners of micro, small, and medium enterprises in a sustainable manner.

Tags: MSMEs
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Chevron, NNPC secure $1.4bn for drilling project
Economy/Technology

Increasing oil rigs, a big score for Nigeria’s petroleum sector reforms

May 26, 2025
Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
Economy/Technology

Pope’s invitation to Tinubu reflects Nigeria’s relevance in global affairs -TMSG

May 24, 2025
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
Economy/Technology

Tinubu espouses Nigeria’s unity, diversity at Pope Leo’s inauguration

May 22, 2025
Eulogising Africa’s efforts in midwifing a Covid-19 vaccine
Economy/Technology

Nigeria’s ongoing health reform gets global endorsement with Pate’s honour by Time Magazine

May 21, 2025
Court visits Patience Jonathan’s money palaver
Economy/Technology

Patience Jonathan’s endorsement of Tinubu’s re-election, significant, inspiring

May 20, 2025
Nigeria suspends mining in Zamfara
Economy/Technology

Revival of mining sector causes increase in licensing fees in Nigeria

May 19, 2025
Next Post
Pace of work on Lekki Deep Seaport excites minister

Lekki port creates 153 capacity pre-gate park

Cash, petrol scarcity create food crisis in Nigeria

Nigeria, Burkina Faso to partner on food security

Recommended Stories

Nigeria suspends mining in Zamfara

Lawal bans illegal mining in Zamfara, orders shoot at sight on violators

September 24, 2023

NCS disagrees with CBN over e-valuator, e-invoicing policy

March 24, 2022
Job loss fear confirmed as more AI tools launch

18 more digital money lenders delisted

August 3, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Increasing oil rigs, a big score for Nigeria’s petroleum sector reforms
  • Pope’s invitation to Tinubu reflects Nigeria’s relevance in global affairs -TMSG
  • Tinubu espouses Nigeria’s unity, diversity at Pope Leo’s inauguration

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us