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CBN allays fears on Islamic banking

Posted on 28 June 2011

The CentralBank of Nigeria, CBN, has allayed fears that the introduction of non-interest banking into the system would turn Nigeria into an Islamic country, stressing that Islamic banking is one of so many non-interest banking systems contained in the CBN laws.
Deputy Governor, Economic Policy of CBN, Mrs Sera Omotunde Alade, said this, weekend, in Ilorin while speaking with newsmen at a retreat organised for the Financial Market Department with the theme: ”Transforming the Nigerian Financial Market: Prospects and Challenges.‘’……………………………………….Full Article: Source

 
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