• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, June 30, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

LAPO Records N1.8bn Deposit, Rewards 101 Customers

by Sivowaku Abiodun
1 year ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

LAPO Microfinance Bank has rewarded 101 of its customers with cash prizes totaling N5 million in the season two of its Xpress Savings Promo which saw it pull in over N1.8 billion in deposit during the period.

Advertisement

Speaking at the draw which was held in Lagos yesterday, Head Corporate Planning at LAPO Microfinance Bank, Dorcas Thrope noted that the season two of the promo had seen more participation with the bank seeing a N1.8 billion savings by customers in the three months duration of the promo.

At the end of the draw, 100 customers were rewarded with a consolation prize of N40,000 cash each while the star prize winner received a cash prize of N1 million. She explained that to qualify, customers only need to save N10,000 every month for three months with a balance of N30,000 at the end of the three month period.

Thrope stated that “when we started this promo season one we had roughly about 50,000 customers. Season two promo has seen more customers come on board and also even in terms of the savings so For this promo we did over N1.8 billion savings in three months. And that for us was very impressive.

“This showed us a lot of people who didn’t know that you could save with LAPO now and we are a very safe place for the funds and then beyond just savings, we are able to also compensate and say thank you for saving. So, season two has been really good for us and we were looking forward to season three.

RELATED

Federal Gov’t, IFAD Train 600 Farmers In Budgeting, Farming Techniques In Benue

We’re Making Abia Farmers Globally Visible – Agric Firm

16 hours ago
Marginal Field Awardees: NUPRC Restates Commitment To Transparency Culture

Oil Prices Plunge 6% As Middle East Ceasefire Eases Supply Fears

20 hours ago

On her part, executive director Corporate Services at the bank, Gloria Bako noted that the LAPO Xpress savings promo is to “encourage our clients and to also let them know that LAPO keeps to its words.  Season two is to encourage clients that have been saving with us for 10 to 15 years and to also tell them that we appreciate them saving with us. We had various prices with the star prize being N1 million and 10 consolation prizes of N40,000 each.

“In the previous season, we had N500,000 as star prize and N20,000 as consolation for 100 customers. This year we did double and that tells that season three will be very interesting and engaging. 

So, we encourage all our customers and clients and those that want to join that LAPO is a safe place for their savings and they will get the benefit of saving with us.”

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


Tags: LAPO Microfinance Bank
SendShareTweetShare
Previous Post

MTNF Invests N600m To Reduce Female Unemployment In Nigeria

Next Post

NCDMB Hosts Stakeholders On Research, Innovation Imperatives

Sivowaku Abiodun

Sivowaku Abiodun

You May Like

Federal Gov’t, IFAD Train 600 Farmers In Budgeting, Farming Techniques In Benue
Agriculture

We’re Making Abia Farmers Globally Visible – Agric Firm

2025/06/29
Marginal Field Awardees: NUPRC Restates Commitment To Transparency Culture
Business

Oil Prices Plunge 6% As Middle East Ceasefire Eases Supply Fears

2025/06/29
New Afreximbank President To Restructure African Trade
Business

New Afreximbank President To Restructure African Trade

2025/06/29
Oyetola
Business

Federal Gov’t Launches Life-jacket Safety Initiative

2025/06/29
Tech Scholar To Drive Academic Vision As OAU’s New DVC
Business

Tech Scholar To Drive Academic Vision As OAU’s New DVC

2025/06/29
MONEY MARKET: Assessing Customers’ Losses To Fraudsters Through Digital Banking
Business

Cybercrime: Half Of Victims Paid Ransom In 2025

2025/06/29
Leadership Conference advertisement

LATEST

Aviation Ministry Worker Convicted Over Employment Fraud

Police Arrest Arrowhead Of Child Theft Syndicate, Rescue 12 Minors 

Abakaliki FC In Minor Road Accident After Federation Cup Defeat

CWC: PSG Thrash Lionel Messi’s Inter Miami 4-0, Advance To Quarterfinals

Soldiers Kill Terrorist Kingpin Mai Dada, Recover Weapons

Abducted Benue Links Bus Passengers Regain Freedom After 1 Week In Captivity

Okunbo Foundation Expands Artistic Opportunity In Nigeria

Why Tinubu Is Visiting Saint Lucia — Presidency

Mischief Makers Behind SGF Sack Rumour — Federal Gov’t

Kano Gov’t Renames Institute, Commission After Deceased 22 Athletes

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.