Addosser MFB unveils 25th Lagos outlet

Addosser Microfinance Bank has expanded its operational base in Lagos by opening its 25th branch in Ogba recently.

Since its establishment in 2008, the bank has steadily grown as a key player in supporting micro, small, and medium-sized enterprises and driving financial inclusion in Nigeria.

Speaking at the branch opening, the Managing Director of Addosser Microfinance Bank, Mr Bayo Fabiyi, said, “Reaching this milestone is a testament to the trust our clients have placed in us and the dedication of our team. Our 25th branch is not just a building—it’s a symbol of our promise to empower lives and businesses. We remain committed to driving innovation, expanding access to finance, and fostering economic development in the communities we serve.”

Addosser MFB currently disburses over N4bn monthly to MSMEs and plans to increase this to N5bn in 2025 by leveraging its growing branch network and the soon-to-be-launched SME digital bank.

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