Tag Archives: Islamic banking

Nigeria: Will CBN ever do anything right?

September 6, 2012 by IndepthAfrica

by Tope Fasua My ‘childhood’ friend, Richard Ogunmodede, now a ‘big man’ at First Bank, used to invite me to the banks’ Annual General Meeting parties at the Hilton, Abuja (I must ask him why he stopped!). The invites provided … read more »

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S.Africa considers issuing Islamic bonds

December 6, 2011 by IndepthAfrica

South Africa’s National Treasury is considering issuing Islamic bonds to diversify its investor base and could have its first sukuk in the market as early as the next financial year if approved. “There is a great interest in the sukuk … read more »

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Excogitative Deconstruction of the Discourse Dynamics of the Controverted Non-Interest Banking and the Islamicizing Controversy Issues

July 11, 2011 by benim

Approbatory and disapprobative voices have trailed the Central Bank of Nigeria’s (CBN) decision to implement Non-Interest Islamic Banking (NIB) in the country, a package, whose initiative, framework, process leading to its formation and approval in principle date back to the … read more »

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Nigeria: Controversy over Islamic banking

July 5, 2011 by benim

Plans to introduce Islamic banking as one of the models of non-interest financial services has touched off intense controversy in religiously divided Nigeria. The Central Bank of Nigeria (CBN) two weeks ago published a final set of regulations on non-interest … read more »

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Nigeria eyes role as African Islamic banking hub

March 8, 2011 by benim

Nigeria wants to establish itself as the African hub for Islamic banking and is working on a regulatory framework to try to emulate the success of the industry in Malaysia, Central Bank Governor Lamido Sanusi said. Nigeria is home to … read more »

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