Money Market

Unity Bank Names Four New Directors

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Unit Bank Plc on said on Monday it has appointed four (4) new directors, the bank said in an issuer’s announcement with the Nigerian Stock Exchange. They are Priya Heal,  Dauda N. Iliya,  Yabawa Lawan Wabi and Sam N. Okagbue (independent director) […]

Cameroon’s Afriland First Bank launches Islamic window

Sun Feb 22, 2015/Reuters Cameroon’s Afriland First Bank, the country’s largest financial group, has launched the Central African state’s first Islamic window as the availability of sharia-compliant financial products expands across the continent. African markets are gradually opening to Islamic finance, buoyed by governments’ debut sales of sovereign Islamic bonds […]

CBN Unveils Guidelines for Islamic Finance Advisory Institutions in Nigeria

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Friday unveiled guidelines on the governance of financial regulation advisory council of experts for non-interest (Islamic) financial institutions in Nigeria. The CBN in a circular said “An essential governance structure and element of regulatory oversight for institutions offering […]