Nigeria Urged To Tap Islamic Financial Resources

The Lord Mayor of the City of London, Alderman Alan Yarrow has urged Nigeria to consider all sources of finance as a means for attracting investment. In particular the Mayor during a trip to Nigeria was keen to highlight the City of London as a leading centre for Islamic finance and stated Islamic finance can provide substantial investment for Nigeria. He suggested the North of Nigeria would in particular benefit from Islamic financial products. Yarrow who met with financial sector regulators and operators in Abuja last week, said London had the capacity to help Nigeria to deepen its Islamic financial system.