CBN Affirms Alpha Morgan Bank’s Capitalisation

Published

5 months ago

March 7, 2026

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CBN Affirms Alpha Morgan Bank’s Capitalisation

The Central Bank of Nigeria (CBN) has affirmed the capitalization of Alpha Morgan Bank, marking an important milestone in the Bank’s growth journey and reinforcing its commitment to building a strong, resilient, and future-ready financial institution.

This affirmation reflects the Bank’s adherence to regulatory requirements and its strategic focus on strengthening its capital base to support sustainable growth, innovation and improved service delivery to customers.

With this milestone, Alpha Morgan Bank is well positioned to continue expanding its footprint with its 14 approved branches across different states, while deepening inclusivity and enhancing the range of banking solutions available to individuals, businesses, and institutional clients nationwide.

Commenting on the development, The Managing Director, Mr. Ade Buraimo expressed the readiness of the bank in ensuring compliance with regulatory requirement, good governance framework while delivering satisfying banking along the long-term vision of the bank to become the best bank to work and strong financial institution to reckon with.

‘Capitalisation is more than a regulatory requirement; it is an opportunity to strengthen the institution for the future. The affirmation of Alpha Morgan Bank capitalisation reflects the work we have done to build a solid capital foundation that allows us to support businesses more effectively, expand financial access and continue delivering the level of service our customers expect,’’ he said.

Alpha Morgan Bank remains committed to maintaining strong corporate governance standards, sound risk management practices, and prudent financial management as it continues to support economic development and create long-term value for stakeholders.

As Alpha Morgan Bank enters the next phase of its journey, the institution will continue to scale its operation, invest in technology, expand its branch network and digital banking presence, whilst delivering reliable and satisfying banking experiences to its growing customer base.

About Alpha Morgan Bank

Alpha Morgan Bank is a Nigerian commercial bank, committed to delivering satisfying banking through innovative solutions, strong corporate governance, and customer-focused services that support economic growth and financial inclusion.

Learn more about Alpha Morgan Bank at www.alphamorganbank.com

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Watch Moment Shettima, Olowu Reunite At Buratai’s Daughter Wedding [VIDEO]

Published

20 hours ago

July 26, 2026

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Watch Moment Shettima, Olowu Reunite At Buratai’s Daughter Wedding [VIDEO]

” I want to recognise and appreciate all our royal fathers present here, but I wish to single out my friend, His Royal Majesty Olowu of Kuta Kingdom, Oba Adekunle Makama Oyelude, Tegbosun iii.

He has been my friend for over thirty years ago in my domain here.

I wonder how he navigated his way back to Osun and become a Chief”, above were the words of Vice President Kashim Shettima upon sighting Kabiyesi at the wedding fathiha of the daughter of former chief of army staff, Lt Gen TY Buratai rtd @ Snake Farm, Keffi, Nasarawa State at the weekend

Watch the moment below:

https://www.thegeniusmedia.com.ng/wp-content/uploads/2026/07/WhatsApp-Video-2026-07-26-at-10.45.46.mp4?_=1

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EL-Lab Medical Diagnostics And Research Centre Secures ReAccreditation To ISO 15189:2022

Published

1 week ago

July 17, 2026

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EL-Lab Medical Diagnostics And Research Centre Secures ReAccreditation To ISO 15189:2022

EL-Lab, a leading Medical diagnostic centre in Lagos earns renewed Accreditation from the Nigeria National Accreditation System (NiNAS), affirming its continued technical competence in medical laboratory testing.

A medical diagnostic centre with branches across Lagos, EL-Lab is the First Indigenous medical laboratory in Nigeria to attain the ISO 15189 status in Nigeria ten years ago. Till date, Nigeria may have less than 50 medical laboratories in both public and private categories to meet this standard.

EL-LAB has maintained this accreditation status for ten (10) years and currently holds this qualification from two (2) accreditation bodies in Nigeria, namely Medical Laboratory Council of Nigeria (MLSCN) and Nigeria National Accreditation System (NiNAS)

This achievement of reaccreditation and transition to ISO 15189:2022 for Medical testing, following a rigorous reassessment by Nigeria National Accreditation System (NiNAS) confirms that EL-Lab continues to meet the requirements of ISO 15189:2022, the internationally recognised standard governing quality and competence in medical laboratories. It sets out requirements covering everything from sample handling and testing procedures to staff competence and quality management, giving patients, clinicians, and partner institutions confidence in the accuracy and reliability of results.

For a medical diagnostic laboratory, reaccreditation is no small feat. It requires laboratories to demonstrate, through an independent and thorough assessment, that its systems, processes, and personnel consistently deliver results in line with international best practice. NiNAS, as Nigeria’s national accreditation body, conducts these assessments to ensure that accredited laboratories maintain the standards necessary for both local and global recognition.

By retaining this accreditation, EL Lab reinforces its position as a trusted provider of medical testing services within Lagos and the broader Nigerian healthcare system.

Speaking on this, the Managing Director of EL-Lab, Dr Elochukwu Adibo mni said; “This achievement reflects the laboratory’s commitment to quality assurance, staff training, and process improvement, factors that lead to more reliable outcomes for patients and referring clinicians”.

For more information about EL-Lab Medical Diagnostics, visit their website: https://el-lab.org/

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