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CBN develops guidelines for Islamic banking

GOVERNOR of the Central Bank of Nigeria (CBN), Lamido Sanusi, has said the apex bank, due to the increasing number of requests “from persons, banks and other financial institutions” has developed guidelines for the “regulation and supervision of the institutions that intend to offer Islamic financial services.” He spoke in Benin City, Edo State capital at the weekend when he delivered a paper titled “Youth empowerment as a tool for sustainable development: The Central Bank of Nigeria interventions ...
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Added July 17, 2011
from Guardian News