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KEY ELEMENTS OF STRUCTURING NON-INTEREST FINANCING MODELS IN NIGERIA: OPPORTUNITIES AND CHALLENGES FOR BUSINESSES

KEY ELEMENTS OF STRUCTURING NON-INTEREST FINANCING MODELS IN NIGERIA: OPPORTUNITIES AND CHALLENGES FOR BUSINESSES

by Stren & Blan Partners | Jul 9, 2025 | Banking and Finance, Financial Services Sector

Non-interest financing, also known as Islamic finance, has gained prominence in Nigeria as an alternative to conventional interest-based financial models. This system is rooted in the principles of ethical investment, emphasising risk-sharing, asset-backed...
AN EXPLANATORY NOTE ON THE CBN’S SUSPENSION OF TIME EXTENSION FOR THE REPATRIATION OF EXPORT PROCEEDS

AN EXPLANATORY NOTE ON THE CBN’S SUSPENSION OF TIME EXTENSION FOR THE REPATRIATION OF EXPORT PROCEEDS

by Stren & Blan Partners | Feb 4, 2025 | Banking and Finance, Insight

The Central Bank of Nigeria (CBN) recently issued a circular on 8th January, 2025 (the “circular”), announcing the immediate suspension of approvals for extending the timeline for repatriating export proceeds. Consequently, the CBN will no longer approve requests by...
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