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Nigerian microfinance institution, Gabsyn Microfinance Bank has obtained approval from the Central Bank of Nigeria (CBN) to operate as a microfinance bank in Ikorodu, Lagos State, local press reported on Monday (September 26th). Nigerian. With this new authorization, the structure thus joins more than 876 approved microfinance banks in the country. This initiative is part of the strengthening of the central bank’s financial inclusion policy. It aims to increase the number of microfinance institutions in order to provide more financial services to the unbanked. If we
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