LOTUS Bank, one of Nigeria’s leading non-interest and ethical financial institutions, has been named the “Best Ethical and Financial Inclusion Bank of the Year” at the 2025 BusinessDay Banks and Other Financial Institutions Awards (BAFI Awards).
The bank’s Acting Managing Director, Isiaka Ajani-Lawal, announced this in a statement on Monday in Abuja, describing the recognition as a testament to the bank’s commitment to advancing ethical banking, promoting financial inclusion, and driving sustainable prosperity across the country.
“Since its inception, LOTUS Bank has consistently championed innovative non-interest banking solutions designed to empower individuals, MSMEs, and communities through transparency, partnership, and shared value creation,” Ajani-Lawal said.
Expressing gratitude to the organisers, he reaffirmed the bank’s mission to redefine banking through ethics and positive impact.
> “This award is a reflection of our core philosophy that banking should be a force for good. At LOTUS Bank, we are intentional about building a system that not only provides access to finance but does so with integrity, empathy, and innovation. We dedicate this recognition to our customers, partners, and employees who continue to believe in our vision of ethical prosperity,” he stated.
He noted that the BAFI Awards remain one of Nigeria’s most respected platforms for recognising excellence and innovation in the banking and financial services sector.
LOTUS Bank’s distinction in the Ethical and Financial Inclusion categories, he added, reflects its leading role in expanding access to non-interest financial solutions and supporting inclusive economic growth.
“With a growing footprint across Nigeria, LOTUS Bank continues to introduce tailored products that reflect its values of Partnership, Prosperity, and Progress, while maintaining its focus on ethical investing and customer trust.
“We see this recognition not as a destination but as motivation to deepen financial inclusion and build a more equitable banking future for all,” he added.
Ajani-Lawal reaffirmed the bank’s commitment to broadening access to innovative, non-interest products and services for the banked, unbanked, and underbanked segments of society.
“Guided by its core values, LOTUS Bank strives to deliver a differentiated customer experience that supports businesses, empowers communities, and drives sustainable growth,” he said.
