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Nigeria Lagging Behind in $2trn Islamic Finance Market – Minister

Godsgift Onyedinefu Zainab Ahmed, Minister of Finance,  Budget and National Planning says the penetration of Islamic financing in Nigeria is low and remains insignificant in the over $2 trillion global market, despite potentials to drive a more competitive economy.  To this end, the Minister said,  Nigeria  needs significant financial sector reforms that

Islamic Banking: FG issues another N100bn Sukuk for road construction, infrastructure

•Non-interest banking, the future of global economy- Prof. •Southern states invested more on Islamic banking   Senator Iroegbu and Godsgift Onyedinefu The Federal Government has announced approval for the issuance of another tranche of N100 billion Sukuk bond for the construction of roads in Nigeria. This was disclosed at a Two-Day Training on Sukuk Structurisation