The Central Bank of Nigeria (CBN) recently released the revised guidelines for the operation of non-interest banking in the country. In recent times, Nigeria’s banking system has steadily evolved, following wide reaching reforms embarked upon by the Central Bank of Nigeria (CBN).
At the inception of these reforms, the policy thrust was not only targeted at growing the banks and positioning them to play pivotal roles in driving development in other sectors of the economy, it was also directed at inducing improvement in their operational efficiency……………………………………….Full Article: Source