Nigeria To Become Islamic Banking Hub In Africa — CBN

The Central Bank Governor, Malam Sanusi Lamido Sanusi has the strong oppinion that Nigeria has the potential to become Africa’s Islamic banking hub. According to him, the present economic reforms and favorable ranking by global rating institutions, have improved Nigeria’s profile as a viable investment destination.
The News Agency of Nigeria (NAN) reports that Islamic banking is a financial system that is based on adherence to the Shariah or Islamic law.

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