BoI Gets CBN Nod to Launch Non-Interest Banking Window
The Bank of Industry (BoI) has secured approval from the Central Bank of Nigeria (CBN) to operate a non-interest banking window, expanding its financing framework. BoI Managing Director, Dr. Olasupo Olusi, disclosed the approval on Sunday. The new licence allows BoI to offer ethical, asset-backed financing that eliminates interest and promotes risk-sharing, targeting underserved and […]
