Sharia banking creates multiple consumers of financial services
The move by the Central Bank of Nigeria (CBN) to introduce Sharia banking is generating divergent views.
Former Executive Director of Bank PHB, Richard Obire, thinks that the platform creates multiple consumers of financial services as it will make banking available to more target markets.
A financial commentator based in Abuja, Martins Obi, said the concept of Sharia banking is a welcome development as long as it remains an option to bank customers.
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