5 articles tagged “Regulation”
Millions of Nigerians contribute 2.5% of income to the NHF. Its flagship loans are interest-bearing. Here is what is verifiable about non-interest options, and what to do with your contribution.
Cheap government money exists, and most of it is interest-priced. What can be verified about development funds flowing through Shariah-compliant contracts in Nigeria, and what cannot.
Licence classes, mandatory Shariah boards, FRACE at the centre and N20 billion capital floors: the regulatory architecture that makes a Nigerian bank's halal claim enforceable rather than decorative.
Scholars are genuinely split on cryptocurrency, and Nigeria's regulators have moved from banking bans to formal recognition. The honest state of the debate, the verified regulatory timeline, and a framework for deciding.
The Nigerian Insurance Industry Reform Act 2025 put takaful into primary legislation, cut claims deadlines to 60 days with compound-interest penalties, and made driving uninsured a ₦250,000 offence. What changed for you.