EzeUche!:

I really wished she had that power. Someone must stop his quest to Islamicize the banking system!

EzeUche!:

I really wished she had that power. Someone must stop his quest to Islamicize the banking system!

CBN is a private bank and the CBN Governor is elected by its shareholders.

gtrust:

The CBN is NOT a private bank!
The CBN governor cannot be removed until he completes his 'tenure'.
He obviously can be 'impeached' by decree and that has never been tried b4!

I guess it is always easier to let them complete their tenure and the President
can decide to extend etc etc,

Sun of god:

CBN is a private bank and the CBN Governor is elected by its shareholders.

The Finance minister is appointed by the Federal Govt and certainly cannot sack the CBN Governor.

She can undermine his position though and cause problems for him - just as he could do the same to her.

Dude, stop being an ignoramus. There is Islamic banking in the US and various other countries. How come their banking system has not been islamicized? BTW the approval of Islamic banking was done under Soludo,

Do you think the Federal Govt own CBN?

You too stop smoking weed[b].Is the US Islamic bank Sharia compliant?Does someone has to lose his hands because he/she contravened the US Islamic bank principles[/b].How many times did you see the US fed chairman blowing trumpet about the Islamic bank.Why would our own CBN governor champion this course?

Chei! see another person displaying Ignorance! this is too comical to be true!

chamber2:

Hey!What is comical about my statement?

gtrust:

Islamic banking is a very good thing!
They do NOT charge interest on loans,
clients are expected to make a contribution from their
profit in good faith to the bank!

You don't need to be muslim to bank with them, I understand!
I wish the thing can start now now, I need loan I beg!

At same time, it brings competition to other banks re their interest rate.

Because you think those who contravene Islamic Banking principles could lose their hands or get stoned to death. . .dude, you should have read a bit on Sharia Banking and Investment before making an argument against it.

tbaba1234:

What is this fear about islamic banking?? It is simply[b] non-interest banking [/b]. You don't have to be a muslim to use the bank and you will still have your conventional banks. The banks will be subject to CBN regulations also.

Geez, i need to start  distributing 'chill pills'.

chamber2:

You are the one missing it.What does the phrase ''Sharia compliant '' mean to you?From the recent practices and experience of the sharia system i don't think i need someone to tell me what that phrase represents.

I am not against Islamic banking mind you.But it should be run like any other financial institution with applicable laws and supervision.You don't do this things in a supposedly secular state.

ferdiii:

Mak una try am with unity bank nao

9ja voice:

since beer sellers and other sharia prohibited business (though legal in national laws) are not allow to borrow money from this islamic bank,that simply make it bad for such society like ours and should not be allow.
do you guys think that we can be decive by the word "interest free" what about the silent information of division in it such as "sharia prohibit but lawfuly legal".
our muslim brothers thinks we are silly. that is why I still believe that many nigerian muslims support boko haram struggle but just dislike the way they are going about it.