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Our History

STALLION MICROFINANCE BANK LIMITED, previously known as Stallion Home Savings and Loan Limited was a licensed Primary Mortgage Banking Institution duly incorporated as a private limited liability company on 18th September 1991. However, the Bank recently converted to a Microfinance Bank and was issued with the license to operate as a state micrfinance bank by the Central Bank of Nigeria in July 2014.


Our Mission

To efficiently and effectively apply all the resources at our disposal to provide the best products and solutions aimed at maximizing the wealth of all Stakeholders.


Our Vision

To be the Premier Financial Institution providing the micro- banking needs of small and medium scale enterprises.




(CHAIRMAN) PGD,MBA,ACIB ___ An Associate member of the Chartered Institute of Bankers of Nigeria. He holds a B. Sc. degree in Accounting from the University of Lagos, a Post Graduate Diploma in Management and Masters of Business Administration from Ambrose Alli University Ekpoma, Edo State.



Chief Paul Sunday Ngbanwa

(DIRECTOR) ______________ A graduate of University of Calabar, Nigeria and a Fellow of the Institute of Corporate Administration of Nigeria. He is the Chairman/CEO of Funecolink Groups with interests in transportation businesses.





(DIRECTOR) ______________ A Medical practitioner from University of Lagos and the Royal College of Anaesthesiologists, UK. A member of American Board of Anaesthesiologist, Royal College of Anaesthesiologists. .





(DIRECTOR) ______________ A B.SC Economics degree from University of Maiduguri, Economics. Mr. Yakman had previously worked at the Nigerian Airports Authority, Sparklight Engineering Company Limited, Abuja Property Network and Bargong Farms





(DIRECTOR) ______________

He holds a Bachelor of Science in Electrical Engineering and Minor in Business Administration from University of Massachusetts Lowell. Masters Degree in Business Administration, Marketing and MIS Concentration from Clark University USA. He is presently a Director of Subsidiary and Production at Sparklight Group Lagos, Nigeria.



He holds a Bachelor of Science in banking and finance from University of Ado-Ekiti and a Msc degree in Finance from University of Lagos. He has earned 15 years of diverse banking experience also; an associate member of Institute of Chattered Accountant of Nigeria.



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Management Team

Mr Samuel Adaramola - .Managing Director / C.E.O- B.SC (Banking & Finance), MBA, ACA, MCIB

Mrs. Abimbola Adedokun- Executive Director- B.Sc (Pharmacology), MBA, MCIB

Mrs. Florence Ogunyamoju - Strategy and Corporate Services- B.SC (Economics), ACA, ACE, MCIB

Mr Muritala Adebiyi - Head Marketing - HND (Marketing), PGD (Management Studies), MCIB, MBA

Mr Ilori Olugbenga - Head Financial Controller -B.SC (Banking and Finance), MCIB

Mr Wale Adeoye- Head Credit - B. SC (Accounting), MCIB