Banking for every Lagos entrepreneur
Our story
Built for Lagos communities
MicroBank Lagos was founded to bridge the financial gap for small businesses and individuals who have been underserved by traditional banking. We understand the unique challenges facing Lagos entrepreneurs—from market traders to tech startups—and we've designed our services to meet you where you are. Our digital-first approach means you can access loans, savings accounts, and financial tools from your phone, without the barriers of paperwork and long bank queues.
Empowering financial inclusion
Financial inclusion isn't just a buzzword for us—it's our mission. Over 60% of Lagos residents lack access to formal banking services, creating barriers to growth and opportunity. We've disbursed over ₦2.4 billion in microloans to more than 15,000 customers across Lagos, helping small businesses expand, families invest in education, and entrepreneurs turn ideas into reality. Our loan approval process takes hours, not weeks, and we evaluate your potential, not just your credit history.
Technology meets trust
We combine cutting-edge financial technology with deep community relationships. Our platform uses smart algorithms to assess creditworthiness fairly and quickly, while our local relationship managers understand the rhythms of Lagos business. Whether you're a fashion designer in Yaba, a food vendor in Oshodi, or a logistics operator in Apapa, we provide personalized service backed by secure, modern banking infrastructure. Your deposits are protected, your data is encrypted, and your financial future is our priority.
Our community
Licensed & regulated
Central Bank of Nigeria
Nigeria
MFB License No. 50428
Nigeria Deposit Insurance Corporation
Nigeria
NDIC Insured Institution
Lagos State Government
Lagos State
Business Permit LP-2024-8841
All license numbers are publicly verifiable. Search any regulator's register above to confirm our standing and compliance status directly with the regulatory authority.