Alpha Morgan Bank Delivers Historic N1.9 billion PBT in First 10 Months of Operations

Alpha Morgan Bank has announced a landmark financial performance, recording Profit Before Tax of N1.9 billion in just 10 months of operations, a result that stands as a major milestone in Nigeria’s banking industry and reinforces the Bank’s emergence as one of the country’s most remarkable new-generation financial institutions.

With this performance, Alpha Morgan Bank did not only break-even within an exceptionally short period, but also delivered what is believed to be a record-setting early-profit performance in the Nigerian banking sector, underlining the strength of its strategy, the discipline of its execution and the confidence the market has placed in its business model.

The Bank’s strong debut performance was supported by robust growth across key financial and operating indicators. Highlights of the 10-month financial statement include customer deposit of over ₦103BN, gross earning of ₦13.1 billion, net interest margin of 67%, non-performing loan ratio of 0%.

The performance was driven largely by strong synergy in customer acquisition and branch expansion, a deliberate focus on growth in demand deposits, creation of quality risk assets and balance sheet efficiency. These achievements were further supported by robust operational processes powered by sound technology and systems, management depth and expertise, experience and strategic oversight provided by the Bank’s Board.

Speaking on the performance, the Managing Director, Ade Buraimo, described the result as a significant validation of the Bank’s vision, business model and execution capacity.

“This is more than a financial milestone; it is a strong statement of what is possible when vision, discipline, sound execution, and market opportunity come together. From inception, Alpha Morgan Bank was built to be a commercial bank that is solution-driven and committed to delivering value at scale. To record a PBT of N1.9 billion in our first 10 months of operations is both historic and deeply encouraging. It reflects the dedication of our people, the trust of our customers and the solid foundation we have laid for long-term growth.”

About Alpha Morgan Bank

Alpha Morgan Bank is a customer-centric, innovative, and solutions-driven commercial bank, with a clear commitment to delivering “Satisfying Banking.”

Alpha Morgan Bank commenced operations in March 2025 with the rare distinction of regulatory approval for 14 branches across the country. This early footprint, combined with disciplined market execution, has enabled the Bank to build momentum across key business segments in record time.

Alpha Morgan Bank focuses on:

• Human-Centred Technology: Digital tools designed for intuitive, everyday relevance and not vanity metrics.
• Transparent Operations: From pricing to service promises, every process is clear, accountable, and customer friendly.
• Customer-Centric Innovation: Continuously developing solutions and services driven by customer insights to deliver meaningful value and enhance satisfaction.

More than a financial institution, Alpha Morgan Bank positions itself as a partner in progress. Its vision is to drive possibilities, enable dreams, and reemphasize what it means to experience Satisfying Banking in Nigeria.

More about Alpha Morgan Bank on www.alphamorganbank.com

Imperfectly Awesome Conversations Summit (IAC) 4.0 set to ignite transformational dialogue on May 3, 2026

The fourth edition of the Imperfectly Awesome Conversations Summit is set to take center stage on Sunday, May 3, 2026, at the MUSON Centre, Lagos. Building on the growing momentum of previous editions, this year’s summit signals a deliberate and powerful shift from inspiration to activation with a structured intervention aimed at reshaping how individuals navigate identity, adversity, and personal growth in an increasingly demanding world.

Accordingly, IAC 4.0 is positioned as a catalytic platform designed to challenge existing narratives, provoke deeper thinking, and ultimately drive a new paradigm across leadership, personal development, and the broader communications ecosystem.

Convened by renowned marketing and communications leader, Omotola Bamigbaiye, the Imperfectly Awesome movement has steadily evolved from a deeply personal literary expression into a dynamic, living experience. Initially birthed through her book, Imperfectly Awesome, the initiative has, over time, transformed into an influential annual convergence where authenticity takes precedence and real-life journeys redefine success.

By centering the message of “being enough,” the summit challenges limiting narratives that hinder innovation, leadership, and inclusive progress. The summit will deliver two high-impact panel sessions:

• Resilience & Tenacity — examining how individuals and organizations can sustain performance and purpose amid disruption
• Authenticity: Embracing Your Whole Self — exploring the role of self-awareness and identity in effective leadership and lived experience

Additionally, a maiden edition of IAC awards to recognize and spotlight individuals and organizations whose journeys exemplify courage, consistency, and meaningful societal impact.

As anticipation intensifies, attention increasingly turns to the calibre of speakers confirmed for this year’s edition, these are individuals whose personal and professional trajectories reflect resilience, leadership, and transformative impact.

Leading the conversation will be Dr Segun Ogunsanya , Chairman Airtel Africa Foundation and  Mrs Godrey Ogbechie, Group Executive Director, Rain Oil Limited.  Additionally, Hon Mojisola Meranda, Deputy Speaker of the Lagos State House of Assembly, Moremi Ojudu, Senior Special Assistant to the President on Community Engagement (South-West), O’tega Ogra, Senior Special Assistant to the President on Digital Engagement and New Media,  Dr Folayinka Dania, Chief Resilience Officer for Lagos State and CEO of the Lagos State Resilience Office, Princess Sarah Sosan, Former Deputy Governor of Lagos Sate and others whose presence is expected to bring strong perspectives on governance, inclusion, and purposeful leadership. Furthermore, panelists will offer critical insights into grassroots connection, deepen discussions around adaptability, systems thinking, sustainable leadership in uncertain environments. Citizen engagement, and the power of community-driven change.

Collectively, these speakers will not only share success stories; rather, they will unpack the realities behind those successes, moments of doubt, setbacks, recalibration, and eventual triumph. Consequently, attendees will engage with narratives that are honest, unfiltered, and deeply human, thereby reinforcing the summit’s core philosophy, which is, that imperfection, when embraced, becomes a powerful driver of growth.

Moreover, the 2026 edition introduces a sharpened thematic focus centred on courage over comfort, consistency over perfection, and action over Fear. Through this lens, the summit will actively encourage participants to move beyond passive inspiration and instead adopt deliberate, actionable mindsets capable of reshaping both personal and professional trajectories.

Attendance remains open to the public and notably, participation is free.

Interested individuals are encouraged to register via the official links:

[https://luma.com/5r5s19u9](https://luma.com/5r5s19u9)

About Imperfectly Awesome Conversations

Imperfectly Awesome Conversations is a purpose-driven platform inspired by Dr. Omotola Bamigbaiye’s work and philosophy. It is dedicated to fostering authenticity, resilience, and personal transformation by creating spaces where people can share their journeys, embrace their stories, and realize their inherent worth.

IAC 4.0 is deliberately designed to:

• Amplify underrepresented voices and lived experiences often excluded from mainstream narratives
• Promote practical inclusion as an everyday responsibility across workplaces and communities
• Advance mental well-being conversations by normalizing vulnerability and self-acceptance
• Encourage actionable change, equipping attendees to translate insights into personal and professional impact