IslamicFinance.de

The Central Bank of Nigeria (CBN) recently released the Nigerian Sustainable Banking Principles (NSBP) to promote sustainable way of doing business, especially in the banking industry. NSBP is anchored on nine over-arching principles. These were among others managing environmental and social risk in business decisions, safeguarding human rights and promoting women’s economic participation and empowerment. The Bankers’ Committee, as a commitment to sustainable development adopted NSBP, with particular focus on the development of agriculture, power and oil and gas.

On Monday Movement for Islamic Culture and Awareness donated a set of orthopedic surgical equipments to the department surgery, Lagos State University Teaching Hospital.

The items are automatic, used for most open reduction/internal fixation and implant procedures, for deformity correction procedures and others.

More on: http://www.ngrguardiannews.com/index.php?option=com_content&view=article...

In a recent interactive session with journalists in Lagos, Mohammed Bintude, Manging Director and Chief Executive Officer of Jaiz International Bank, discussed the intoduction of Islamic banking in Nigeria. He stated that in spite of the initial controversial reception, Jaiz Bank Plc is now fully operational. Moreover, there are plans of nation wide expansion of the bank.