Nigeria’s Non-Interest Finance Sector Reaches N4.39trn in Assets and N1.43trn in Financing
Nigeria's non-interest banking sector has grown to N4.39 trillion in assets and N1.43 trillion in financing, according to the Central Bank of Nigeria. The Sukuk market has raised N1.492 trillion for infrastructure projects, while Takaful insurance and Shariah-compliant pension funds are expanding. The CBN emphasizes the need for stronger regulation and governance as the sector attracts more investors.