Alpha Morgan Bank Relocates Headquarters to Lagos

Alpha Morgan Bank has moved its headquarters from Abuja to Lagos, marking a strategic shift in its operations. The bank, which began commercial activities in March 2025, relocated its headquarters to 52 Adetokunbo Ademola Street, Victoria Island, Lagos, in October 2026.

The relocation follows the bank's strong early financial performance, which included a profit before tax of N1.9 billion within its first 10 months of operations, customer deposits exceeding N103 billion, and gross earnings of N13.1 billion.

The move is seen as a test for the bank's capital, earnings, and competitive readiness in the Nigerian market. The bank's new location in Lagos is expected to enhance its operational capacity and market presence.