
CBN Unveils Three New Non-Interest Financial Instruments to Deepen Islamic Finance Market
The Central Bank of Nigeria (CBN) has unveiled three new non-interest financial instruments aimed at advancing the development of non-interest financial markets in the country. These instruments are: the Nigerian Non-Interest Financial Institutions’ Master Repurchase Agreement (NNMRA), the Central Bank of Nigeria Non-Interest Asset-Backed Securities (CNI-ABS), and the Central Bank…