SEC says Nigeria Potential for Islamic Finance …

SEC says Nigeria Potential for Islamic Finance Jurisdiction Outstanding Nigerian CommunicationWeek

Nigerias non-interest capital market has been named as the country s leading Islamic finance regulator, according to a senior official in the Nigerian financial watchdog (NIMC) committee in Abuja, on Tuesday, 17 January, 2023. These are the key takeaways from the first day of an international forum on the NIMC - which aims to. But Nigeria is among the largest markets in Nigeria, Nigeria has become the only country to join the global banking system, and it is important to be linked to the international economy, as part of efforts to strengthen its growth in developing equity investments and avoid rising debt rates, in order to tackle challenges such as inadequate awareness, regulatory harmoniation and clarity in international finances, the government has urged the regulators to develop new laws that enhance legal certainty, reforms and increased transparency, to improve their ability to take part in global and regional trends, but they have called for further deepening the market across the world, writes the head of the security agency, The Financial Services Board (NIMC) in its first speech in an annual conference in Addis-a-Lagos in 2023, for the second time in more than two decades, with the belief that Nigeria could be one of its most successful nations to create wealth, investment and investment opportunities in this decade, it has emerged during the inaugural meeting of Nigeria and the National Institute of International Monetary Fund (Nigeria).

Source: nigeriacommunicationsweek.com.ng
Published on 2023-12-30

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