Thomas Adewumi University has reaffirmed its commitment to economic growth and community development, as the institution joined dignitaries at the official launch of Olomu Aperan Microfinance Bank Limited in Omu-Aran, Kwara State. The event, held yesterday, signified a major step toward expanding banking services and strengthen economic empowerment in the region.
Representing the Vice-Chancellor, Professor Francisca Oladipo, the Acting Dean of the Faculty of Management and Social Sciences, Dr. Abiodun Owolabi, delivered a goodwill message, commending the bank’s vision and reaffirming TAU’s support.
“Thomas Adewumi University fully supports initiatives that promote financial inclusion and community development, and this bank is a step in the right direction," he said.
The event, which marked a significant milestone in the region’s financial landscape, was attended by key stakeholders, including the Olomu of Omu-Aran, the bank’s management team, as well as representatives from the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC).
Commending TAU for its continuous contributions to the community, the Olomu of Omu-Aran, His Royal Majesty (HRM), Oba Abdulraheem Oladele Adeoti, described the University as a valued partner in regional development.
“Thomas Adewumi University has always played a key role in the development of the community. We encourage everyone, including the university, to take advantage of this bank’s services for the benefit of our economy,” he said.
The newly rebranded Olomu Aperan Microfinance Bank, formerly Omu-Aran Microfinance Bank, now boasts state-of-the-art banking infrastructure, functional ATM services, seamless fund transfers, instant transaction alerts, and an experienced management team dedicated to delivering efficient financial services.
TAU remains committed to building strong partnerships that drive economic growth, education, and social transformation. The university looks forward to continued collaboration with financial institutions and community leaders to expand economic opportunities in the region.
