DavoDani Microfinance Bank (DDMFB) has been awarded the prestigious title ‘Best Microfinance Bank in Growth and Strategic Expansion of the Year’ at the Businessday Banks and Other Financial Institutions (BAFI) Awards 2024. This honour, presented at a grand ceremony held at the Lagos Continental Hotel, Victoria Island, Lagos, on Friday, October 25, 2024, solidifies DDMFB’s position as a transformative leader in Nigeria’s microfinance sector.
The BAFI Awards have become a benchmark for excellence within Nigeria’s financial industry, recognizing outstanding achievements across the banking and finance landscape. This accolade highlights DDMFB’s unwavering dedication to impactful growth and strategic expansion, setting it apart as an institution that truly understands the evolving needs of its clients and communities.

Speaking on the recognition, the MD/CEO of DDMFB, John Ologe, said, “It is an incredible honour for DDMFB to be recognized as the ‘Best Microfinance Bank in Growth and Strategic Expansion of the Year’. This award reflects our commitment to empowering communities through sustainable financial growth and innovative solutions. It acknowledges the dedication of our team to driving transformative initiatives that expand access to financial resources for all.” He dedicated the award to the board for their insightful direction, the management and staff for their relentless pursuit of excellence, and the customers for their steadfast trust in DDMFB.
This recent award underscores its continuous efforts to enhance access to financial services for underserved communities, a feat celebrated by local and international bodies.
Through its pioneering growth strategies and customer-centric approach, DDMFB has consistently delivered on its promise of empowering individuals, small businesses, and communities. The bank’s accomplishments reflect a forward-thinking approach that has set new standards in microfinance, reinforcing its role as a trusted partner in Nigeria’s financial sector.