hehehe...The Central Bank of Nigeria has granted license to the first Islamic
Bank in Nigeria, Jaiz Bank to operate nationally. The approval was
announced by the Chairman of the Bank, Umaru Mutallab at a meeting with
the President-General of the Nigerian National Supreme Council for
Islamic Affairs and Sultan of
Sokoto, Alhaji Muhammadu Saad Abubakar IV,
in Abuja on Monday May 16th.
“As a regional bank, Jaiz has operated in 12 states (in Northern
Nigeria) but with the new licence we can now spread to all parts of the
country. We will open branches in the 36 states of the federation"he
said
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