LAPO Financial institution rewards savers with N1.5m

LAPO Microfinance Financial institution Restricted has unveiled a raffle draw for the Xpress Financial savings Promo Season III, providing over N1.5m and 50 prizes of N50,000 to advertise a financial savings tradition.

The raffle draw is  scheduled to happen on January 31, 2025.

The LAPO Xpress Financial savings Promo Season III, which ran from October 1 to December 31, 2024, invited each present and new prospects to take part by saving a minimal of N20,000 month-to-month for 3 consecutive months or accumulating a complete of N60,000 of their LAPO Xpress Financial savings accounts through the promo interval.

This initiative is a part of LAPO MfB’s ongoing efforts to foster a tradition of financial savings and promote monetary stability, particularly in mild of financial challenges impacting many households.

“The financial institution goals to encourage Nigerians to undertake higher financial savings habits and utilise digital banking options for a extra seamless monetary expertise,” the assertion stated.

The Director of Advertising and marketing and Company Communications at LAPO Microfinance Financial institution, Oluremi Akande, emphasised the impression of the LAPO Xpress Financial savings Promo in driving buyer engagement and enhancing model visibility.

“The LAPO Xpress Financial savings Promo has confirmed to be an efficient instrument in boosting financial savings and selling monetary inclusion,” Akande stated.

“With Season III, we hope to encourage extra Nigerians to embrace financial savings whereas benefiting from the comfort and effectivity of our digital banking options,” he added.

“The Raffle Draw for Season III guarantees to rejoice and reward buyer loyalty, additional solidifying LAPO MfB’s dedication to supporting the monetary well-being of its prospects throughout Nigeria’s 34 states,” the assertion stated.