The Chairman of the Chartered Institute of Bankers of Nigeria, Lagos State Branch, Akinwunmi Lawal, has announced steady financial growth for the branch, noting that it maintained its leading position among all branches of the institute during the 2025 financial year.
Speaking during the 2026 Annual General Meeting of the branch in Lagos, Lawal said the branch achieved a 3.89 per cent increase in its aggregate net assets, which rose from N254.4m in 2024 to N264.3m in 2025.
According to Lawal, the branch also posted a net surplus of N10.4m for the year ended 31 December 2025, despite challenging economic conditions and rising operational costs.
“The Lagos State branch again emerged as the Best Organised Branch of the institute and also ranked first in membership drive among all CIBN branches across the country,” Lawal noted.
The AGM was attended by past chairmen of the branch and numerous students from various tertiary institutions in Lagos, including the University of Lagos, Yaba College of Technology, and the Lagos State University of Science and Technology, among others.
