Sumar Consultancy Network Limited

We are thrilled to celebrate our 6th year on Facebook as a business development support organization. Thank you for your ongoing support. We could never have achieved this milestone without you. 🙏🤗🎉

Banking in Nigeria was once defined almost entirely by interest — how much borrowers paid, and how much savers earned.

But since the return to democracy in 1999, that familiar system has been quietly challenged.

Banks that promise profit… without interest.

What was once dismissed as controversial, unrealistic, or even dangerous to the financial system has steadily grown into a recognised part of Nigeria’s economy.

Today, from Abuja to Kano, Lagos to Maiduguri, non-interest banks are financing businesses, supporting farmers and traders, and funding major projects.

Click the link for more: https://dailytrust.com/nigeria-daily-the-rise-of-non-interest-banking-in-nigerias-fourth-republic/?noamp=available