Ehigiamusoe Returns, Takeover LAPO MFB Management As Board Chairman
Mar 07, 2025•4 min
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Episode description
Ehigiamusoe Returns, Takeover LAPO MFB Management As Board Chairman
https://osazuwaakonedo.news/ehigiamusoe-returns-takeover-lapo-mfb-management-as-board-chairman/07/03/2025/
#Economy #Ehigiamuseo #LAPO ©March 7th, 2025 ®March 7, 2025 9:17 am Founder and the immediate past Managing Director of Nigeria seemly largest and major micro finance bank by physical present, the Lift Above Poverty Organisation, LaPO Micro Finance Bank, Godwin Ehigiamusoe has returned to the bank as the Chairman, Board of Directors, the apex decision making body of the bank, apparently to provide founder’s visionary leadership in the new evolving online market, and probably contained the problem of high and exorbitant interest rates on loans currently charged by other micro finance banks who have a larger present in the online banking platform, likely the same way he came into the banking sector in 1987 and eased out the difficulties of low income earners accessing loan in the country, due to the demands of high valuable collaterals as basic requirement for loan administration in Nigeria by the then existing banks, which also slowed down Nigeria development especially among the economic active rural and semi urban dwellers. #OsazuwaAkonedo
Become a supporter of this podcast: https://www.spreaker.com/podcast/osazuwaakonedo--4980924/support.
https://osazuwaakonedo.news/ehigiamusoe-returns-takeover-lapo-mfb-management-as-board-chairman/07/03/2025/
#Economy #Ehigiamuseo #LAPO ©March 7th, 2025 ®March 7, 2025 9:17 am Founder and the immediate past Managing Director of Nigeria seemly largest and major micro finance bank by physical present, the Lift Above Poverty Organisation, LaPO Micro Finance Bank, Godwin Ehigiamusoe has returned to the bank as the Chairman, Board of Directors, the apex decision making body of the bank, apparently to provide founder’s visionary leadership in the new evolving online market, and probably contained the problem of high and exorbitant interest rates on loans currently charged by other micro finance banks who have a larger present in the online banking platform, likely the same way he came into the banking sector in 1987 and eased out the difficulties of low income earners accessing loan in the country, due to the demands of high valuable collaterals as basic requirement for loan administration in Nigeria by the then existing banks, which also slowed down Nigeria development especially among the economic active rural and semi urban dwellers. #OsazuwaAkonedo
Become a supporter of this podcast: https://www.spreaker.com/podcast/osazuwaakonedo--4980924/support.
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