Alpha Morgan Bank Relocates Head Office to Lagos, Signals New Phase of Growth

Alpha Morgan Bank Limited has relocated its head office from 44 Adetokunbo Ademola Crescent, Wuse II, Abuja, to 52 Adetokunbo Ademola Street, Victoria Island, Lagos, marking a new phase in the bank’s growth and nationwide expansion.

The relocation follows a series of milestones, including the expansion of its branch network across several cities. Within its first 10 months of operations, the bank recorded a profit before tax (PBT) of ₦1.9 billion and exceeded its capitalisation threshold, reflecting strong early growth.

Beyond its financial performance, Alpha Morgan Bank continues to invest in its workforce through inclusive recruitment, support local communities through its corporate social responsibility initiatives, and promote economic knowledge sharing through the quarterly Alpha Morgan Economic Review webinar featuring Bismarck Rewane.

Commenting on the relocation, the Managing Director and Chief Executive Officer, Mr Ade Buraimo, said “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.’’

Buraimo also thanked the Central Bank of Nigeria (CBN) for its continued support to the bank and expressed appreciation to the board, management and entire staff for their contributions to its progress.

Alpha Morgan Bank said it remains committed to strengthening its nationwide presence, deepening customer relationships and creating lasting value for the communities it serves.