Sep 6th, 2012
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 good opportunities for us to meet and hug as brothers, and relive the days...
Dec 6th, 2011
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 market and this is the first step towards meeting the ...
Mar 8th, 2011
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 the largest Muslim population in sub-Saharan Africa, with around ha...