Moniepoint Microfinance Bank (MFB) has been named SME Microfinance Bank of the Year for the third consecutive yr at the 14th BusinessDay Banks and Other Financial Institutions (BAFI) Awards.
Co-founder and Group CEO of Moniepoint, Tosin Eniolorunda, additionally received SME Finance Transformation Leader of the Year at the ceremony.
The awards observe a yr of scale for the financial institution. According to Moniepoint’s 2025 Year in Review, its microfinance financial institution disbursed over N1 trillion in credit score to hundreds of small companies, whose transaction worth grew by greater than 36 per cent on common after they accessed credit score. Moniepoint makes use of various information similar to transaction histories, enterprise patterns and cost behaviour to evaluate creditworthiness.
Senior Vice President, Distribution Network Sales at Moniepoint, Ezekiel Sanni, who represented the Co-Founder/Group CEO at the occasion, stated the recognition would reinforce the financial institution’s dedication to the small enterprise section.
“We are honoured to be named SME Microfinance Bank of the Year. Small businesses are the backbone of the Nigerian economy, and this award strengthens our commitment to give them the credit, payments and tools they need to scale. We will keep expanding access to credit and investing in the network that serves them, so that more businesses across the country can build with confidence,” Sanni stated.
