IslamicFinance.de

Since taking office in June 2009, Sanusi has carried out a series of reforms on the Nigerian financial sector. His merciless fight against corruption in the banking system has shocked the whole country. The seemingly powerful and untouchable bank chiefs have been put into jail, and some of them have been convicted for other crimes. Some people call it the "Sanusi Tsunami". But because of his courageous efforts, he saved Nigeria's banking system from collapse.
Sanusi says they would like to see our banks get into alliances with Chinese banks. I know the China Construction Bank has talked to few banks. And I do know that the biggest banks in this country have been at one time looking to Chinese banks to see if they would come in just the way they did with the Standard Bank of South Africa, even with some minority stake to strengthen their capital base.