According to the Governor of the Central Bank, Mallam Sanusi Lamido Sanusi, banks in Nigeria will be required to appoint at least 30 per cent female board members and 40 per cent management staff by 2014. The decision was taken with a view to stimulati…
The increased level of corruption and insecurity in the northern part of the country as well as mixed signals from power and petroleum sector reforms were likely to affect Nigeria’s output performance, according to the Governor of the Central Bank of N…
The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, has described China as a major contributor to the de-industrialisation as well as underdevelopment of Africa. He warned that with the growing interest of China in the conti…
The Financial Regulation Advisory Council of Experts (FRACE) were inaugurated by the governor of Central Bank of Nigeria on January 10th in their headquarters. Governor Mallam Sanusi Lamido Sanusi pointed out that the establishment of the FRACE was par…
Islamic finance is playing each day goes by an even more important role in today’s global financial village.
Operators of Islamic banking disputed tha fact that Islamic banking cannot be fully Sharia based unless there is Takaful to take care of thei…
Mallam Sanusi Lamido Sanusi, Governor of the Central Bank of Nigeria (CBN), disclosed plans by the apex bank to sell its first ‘sukuk’ within 18 months.
The banking sector regulator has the strong oppinion that this will help arouse interest in Isl…
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