For the first time, an Islamic bank obtains licence to roll out across Nigeria -Indeed Buhari is working hard

For the first time, an Islamic bank obtains licence to roll out across Nigeria -Indeed Buhari is working hard

Jaiz Bank Plc is set to spread its operations to all states of the federation, as it has obtained a national banking licence from the Central Bank of Nigeria (CBN).



Chairman of the bank, Alhaji Umaru Mutallab, disclosed this at a meeting with the President-General of the Nigerian National Supreme Council for Islamic Affairs and Sultan of Sokoto, Alhaji Muhammadu Saad Abubakar IV, in Abuja on Monday, May 16, 2016.

He said, “As a regional bank, Jaiz has operated in 12 states (in Northern Nigeria) but with the new licence we can now spread to all parts of the country. We will open branches in the 36 states of the federation.”