Alpha Morgan Bank Moves Headquarters to Lagos

By Aduragbemi Omiyale

To mark a new chapter in its growth and nationwide expansion, Alpha Morgan Bank Limited has moved its headquarters to Lagos from Abuja.

The lender said the relocation of the head office followed significant milestones, including the expansion of its branch network across several cities.

The headquarters, which used to be at 44 Adetokunbo Ademola Crescent, Wuse II, Abuja, is now at 52 Adetokunbo Ademola Street, Victoria Island, Lagos.

“The relocation of our Head Office from Adetokunbo Ademola, Abuja to Adetokunbo Ademola, Lagos is unique and exciting, representing an important step in our growth journey.

“Our achievements so far reflect the dedication of our people, the trust of our customers and our commitment to building a strong, accessible and sustainable financial institution,” the chief executive of Alpha Morgan Bank, Mr Ade Buraimo, said.

He thanked the banking sector watchdog, the Central Bank of Nigeria (CBN), for its continued support to the organisation and expressed appreciation to the board, management and entire staff for the journey so far.

Business Post reports that within its first 10 months of operations, the bank recorded a profit before tax (PBT) of N1.9 billion and exceeded its capitalisation threshold, reflecting strong early momentum.

Beyond financial performance, Alpha Morgan Bank continues to invest in people through inclusive recruitment, support communities through its Corporate Social Responsibility initiatives, and promote economic knowledge sharing through the quarterly Alpha Morgan Economic Review webinar with Bismarck Rewane.