AfDB Approves USD 12 million Line of Credit to Nigeria’s LAPO Microfinance Bank

The Board of Governors of the African Development Bank Group (AfDB) through its private sector window approved on Wednesday, October 1 a USD 12 million line of credit equivalent in Nigerian Naira to LAPO Microfinance Bank  in Nigeria. LAPO MfB is the largest microfinance bank in Nigeria with 1.1 million clients and 327 branches currently