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ICD, SunTrust Bank to create non-interest banking window
Mathew Dadiya, Abuja
ÏÏÏ The Islamic Corporation for
the Development of the Private Sector (ICD), which is the private arm of Islamic Development Bank Group (IDBG) and Suntrust Bank Nigeria Limited (SBN), have signed an agreement to establish a Non-interest banking window in SBN in Nigeria.
The two institutions are determined to collaborate and facilitate information and expertise exchange in order to develop effective cooperation to finalise the project and establish a window that incorporates non-interest banking products and services in Nigeria. Commenting on the partnership, Chief Executive Officer Continued on page 12
CBN bars erring banks from SME Wholesale Forex window
12
GAINERS AS AT May 2, 2017
LOSERS AS AT May 2, 2017
Buhari surprises critics, resumes work PRESCO
45.00
47.25 5.00%
STANBIC
26.25
N150
WEDNESDAY, MAY 3, 2017 VOL. 3. NO. 355
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27.01
2.90%
UACN
14.47
13.75
-4.98%
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44.90
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Chris Emetoh, Abuja
ÏÏÏ
President Muhamnadu Buhari, on Tuesday, surprised his critics by returning to desk to attend to official matters after taking some time off to rest. Buhari kick-started the day by having two separate closed door meetings with the Attorney-General of the Federation (AGF) and the Minister of Justice, Mr. Abubakar Malami (SAN) and the Group Managing Director (GMD) of the Nigerian National Petroleum Continued on page 5
Senate makes U-turn, begins confirmation process for 27 RECs nominees 12
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Obasanjo decries unsuccessful prosecution of high-profile corruption cases 5