In accordance with the growing industry of Islamic Banking and Finance, the whole world needs 50,000 Islamic Finance Experts right away so that the emerging market of Islamic Banking and Finance may be easily promoted. These thoughts were expressed by Mr.
Today marks another milestone in the Rebirth, Growth and Transformation of the Nigerian capital market as we launch the NSE Lotus Islamic Index (NSE LII). This is one of the many steps we are charting to bring to fruition our vision of becoming the gatewa
Finally, there has been a pronouncement on the vexed issue of the illegal introduction of Islamic Banking in Nigeria by the Sanusi Lamido Sanusi led Central Bank of Nigeria without recourse to the National Assembly to amend the Banks and Other Institution
According to Justice Gabriel Kolawole, the license issued to Jaiz International Bank PLC to embark on Islamic banking in the country would have been nullified if the plaintiff in the matter, Godwin Sunday Ogboji had locus standi to institute the action.
Another milestone aimed at further deepening the nation’s stock market was attained in Lagos this week as The Nigerian Stock Exchange (NSE) signed a Memorandum of Understanding (MOU) with Lotus Capital for the development and management of a certified Sha
Many may not be conversant with the practice of a banking system that prohibits the charging of interest, focuses on investment made in the private sector through interest-free financing, is built on Sharia principles, and not the least, the details of ho
Even as the Central Bank of Nigeria (CBN) has indicated that it will henceforth allow banks to operate in their core areas of competence, not a few finance sector analysts have applauded that it is a development that would herald the birth of internationa