Non-interest banking

The Islamic Development Bank (IsDB) says it will release the sum of $150 million for the development of Special Agro-Processing Zones in Nigeria within the next few days. The Vice-President, Country Operations, IsDB, Dr. Mansur…

The Central Bank of Nigeria (CBN), the country's apex bank, has granted Lotus Bank Limited a non-interest banking license. This follows Lotus Bank’s plan to deliver an alternative option to interest-based banking and…