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Brightway: A legacy of trust and innovation

Discover our story, mission, and vision as we pave the way for brighter financial futures worldwide.

About our bank

Brightway Microfinance Bank is a Nigerian service agency cum bank that provides innovative solutions to the Banking sector. We are an indigenous company with international standards. The services we provide include investments, loan servicing, mobile/internet banking, deposits, among others. We are committed to providing our customers with comprehensive solutions that will give their businesses the lead they need. Our goal is to always go above and beyond, exceeding expectations and delivering tangible value to lives and businesses.

Brightway Microfinance Bank was established in May 15, 2014 and granted license to commence banking operation by the Central Bank of Nigeria in January 2015.

The Bank was founded by passionate, aggressive and seasoned entrepreneurs with the sole aim of impacting directly on the economy in alleviating poverty with their numerous banking initiatives.

The vision of BMFB is to be the most prominent microfinance bank in Nigeria within the next decades with core values such as Discipline, Transparency, Customer satisfaction, Promptness and Efficient Service delivery. Over this short period of BMFB’s existence, the bank has successfully been able to extend credit facilities to the tone of over 2 Billion Naira to over 10,000 of her clients ranging from artisans, traders small and medium enterprise (SMEs).

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Our Mission

To provide a wide range of financial services and products to the active poor and the underbanked without compromising integrity and professionalism

Our Vision

To become the most prominent microfinance bank in Nigeria within the next decade

Our Core Value

We are committed to upholding the highest standards of honesty, integrity, hard work, transparency, and professionalism in all our operations.

Our Board of Directors

Meet the experienced professionals driving Brightway's commitment to innovation, integrity, and excellence.

Oba Ademola Julius Ajibola (B.Pharm., MBA)

CHAIRMAN/CEO

He is a resilient and focused business veteran, known for his exceptional multi-tasking and leadership abilities. A registered pharmacist and graduate of Ahmadu Bello University, Zaria, he is a fellow of the Pharmaceutical Society of Nigeria and holds an MBA. As the visionary founder of Mount Olive Nigeria Limited, with outlets nationwide, he has received numerous awards, including the Nkrumah Leadership Award by WASU and multiple pharmaceutical excellence recognitions.

He has traveled to 18 countries for business and serves as Chairman of Mount Olive Quarry, Mount Olive Farms, Brightway Microfinance Bank, and Yaatos Water. Over the past 15 years, he has acquired controlling interests in various companies. A philanthropist and mentor, he is also the grand patron of the Vigilante Group of Nigeria (Kwara State Command).

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Dr. Elizabeth Ajibola (B.Sc., M.Sc., MBA, NINM, MCIB)

DIRECTOR

She is a goal-driven and analytical entrepreneur, known for her attention to detail and dedication to customer, partner, and stakeholder satisfaction. As co-founder of Mount Olive Nigeria Limited, she has been instrumental in its success, leveraging expertise in brand promotion, customer service, risk management.

She holds a Bachelor's degree in Entrepreneurial & Business Management from the National Open University of Nigeria and a Master's degree from the University of Liverpool. A registered member of the Nigerian Institute of Marketers and the Chartered Institute of Bankers of Nigeria, she is pursuing a Microfinance certification.

With over 15 years of experience in capital management, marketing, and business development, she has excelled in procurement, branding, logistics, and human resource management. She led the design and implementation of Mount Olive's ultra-modern corporate head office and has received multiple awards for sales and marketing excellence.

She serves on the Boards of Mount Olive Quarry, Brightway Microfinance Bank, LOF Investments Nigeria Limited, and Yaatos Water. Her extensive travels across Africa, Asia, Europe, the USA, and the UAE reflect her global business acumen.

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Dr. Sambo, Hyelni Yoksa (DVM, MBA, ANIM, MCIB)

DIRECTOR

He is a Veterinary Doctor and member of the Nigerian Veterinary Medical Association, graduating from the University of Maiduguri in 2005. He holds an MBA from the National Open University of Nigeria, is an Associate Member of the Nigerian Institute of Management, and a member of the Chartered Institute of Bankers of Nigeria, with a Microfinance certification in progress.

Joining Mount Olive Nigeria Limited in 2007, he became General Manager in 2012. He brings expertise in human capital and financial resource management, capital and risk management, and oversees logistics, distribution, and administration. He has received numerous awards for excellence in public relations and capital management.

He serves as a Director on the Boards of Mount Olive Quarry and Brightway Microfinance Bank Limited and has traveled across Africa and Europe for business and leisure.

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Mr. Olalekan Olaide Abiola

MANAGING DIRECTOR

He is a seasoned banking professional with over 20 years of experience in the financial services industry, covering operations, risk management, marketing, and leadership at management levels. He began his career at Guaranty Trust Bank (GTBank), where he served for 10 years in various capacities, gaining extensive expertise in operations, client relationship management, and marketing. He later joined Brightway Microfinance Bank, where he played a pivotal role in driving operational efficiency, implementing risk management strategies, and developing innovative, customer-focused solutions.

Olalekan holds a Higher National Diploma (HND) in Electrical Engineering and is certified by the Chartered Institute of Bankers of Nigeria (CIBN) in Microfinance Banking. He is currently pursuing a Bachelor of Science (B.Sc.) degree in Banking and Finance to further enhance his knowledge and expertise.

A results-oriented professional, Olalekan is recognized for his strategic thinking, leadership skills, and commitment to fostering sustainable growth in the Microfinance Banking sector.

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Download our mobile banking app

Get instant access to real-time balance updates, secure fund transfers, bill payments, and loan management on iOS and Android. Enjoy top-tier encryption and two-factor authentication for safe and seamless banking.

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Step into the Brightway of banking

Experience a smarter, brighter approach to banking tailored to your needs. Join us today and discover financial solutions that light the way to your goals!

Loan Products

  • Commodity loan

  • Bright Asset Finance

  • Individual lending

  • Salary loan

  • Agric loan

  • Ajo loan

Account types

  • Current account

  • Target account

  • Savings account

  • Hybrid account

  • Corporate account

  • Kid account

Services

  • Internet banking

  • Mobile banking

  • POS/Credit cards

Payments

  • Electricity

  • Airtime

  • Internet

  • Gift Cards

  • Cardless Payments

  • TV

Company

  • About us

  • Careers

  • Privacy policy

  • Terms of service

Social

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  • LinkedIn

Contact

  • 17/33 New Market Road, Baboko, Ilorin, Kwara State, Nigeria.

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