If you run a small business in Nigeria, you already know, access to the right financial support can make or break your next move.
That’s exactly why Baobab Microfinance Bank’s new Head Office in Lagos feels like more than just a corporate milestone. It’s a signal of something deeper: a stronger commitment to the people building, hustling, and growing businesses every day.
Now located at No. 129 Ikorodu Road, Lagos, the new Head Office isn’t just about a bigger or better space. It’s about creating the kind of environment that helps Baobab serve its customers, especially small businesses, faster, smarter, and more efficiently.
Because behind every loan disbursed or account opened, there’s a real story.
A shop owner trying to restock.
A tailor looking to expand.
A small business owner chasing their next level.
And Baobab Microfinance Bank is positioning itself to show up better for all of them.
“The commissioning of our new Head Office is a significant milestone in Baobab Nigeria’s growth journey. It reflects the strength of our vision, the resilience of our institution, and our unwavering commitment to expanding access to financial services while delivering long-term value to our customers and stakeholders.” said Rotimi Oyekanmi, Chairman of the Board.
But what does this really mean for small businesses?
It means quicker processes.
Better coordination behind the scenes.
And ultimately, easier access to the financial tools they need to grow.
Baobab’s offices in Kaduna and Yaba will continue to operate as Head Office Annexes, ensuring that support remains close to customers across different regions while the new HQ strengthens overall efficiency.
For the CEO of Baobab Microfinance Bank Nigeria, Eric Ntumba, this move is about improving how the bank delivers value where it matters most: “This new Head Office positions us to operate more effectively, collaborate more seamlessly, and continue delivering innovative financial solutions to the individuals and businesses we serve. It reinforces our mission to make financial services more accessible, inclusive, and impactful.”
At a time when many small businesses are navigating rising costs, market uncertainty, and limited access to funding, institutions like Baobab Microfinance Bank play a critical role, not just as lenders, but as partners in growth.
And this move shows that Baobab is thinking long-term.
From a group perspective, the ambition is even bigger, scaling impact across Africa while staying grounded in local realities. As Group CEO Philip Sigwart explains: “Baobab Nigeria’s continued growth reflects the strength of our broader African footprint and our commitment to building a leading financial services group across the continent. From our headquarters in Paris to our operations across Africa, we remain focused on delivering inclusive, high-impact financial solutions, and this new Head Office in Lagos is a strong testament to that ambition. As part of our growth strategy, we are also focused on expanding our presence by opening an additional 100 branches in the near future to better serve the evolving needs of Nigerian MSMEs.”
At its core, this isn’t just about Baobab growing. It’s about creating a system that helps small businesses grow with it.
More access.
More support.
More opportunities to move from survival to scale.
And with this new Head Office, Baobab Microfinance Bank is making one thing clear, they’re building for the people who are building Nigeria
