Former Central Bank of Nigeria (CBN) Governor, Muhammadu Sanusi II, has admitted that his decision to block telecommunications companies from participating in Nigeria's financial services industry was a mistake. Sanusi acknowledged that this move slowed financial inclusion in the country. He made the admission during a recent event, reflecting on his tenure at the CBN. The former governor's comments come amid ongoing discussions about the role of telcos in driving financial inclusion and innovation in Nigeria's banking sector.
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