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Sanwo-Olu, Fashola advocate non-interest finance to drive Nigeria’s economic growth

Sanwo-Olu, Fashola advocate non-interest finance to drive Nigeria’s economic growth

By GhanaSummary NewsroomNigeria

Opening the forum, Chairman of The Alternative Bank, Muhtar Bakare, said Nigeria’s challenge was not a lack of capital but the absence of trust required for long-term investment.

The forum attracted senior business executives, investors and public-sector leaders, including Sterling Bank Chairman Olatunji Mayaki, Managing Director of The Alternative Bank Hassan Yusuf and Aruwa Capital founder Adesuwa Okunbo Rhodes.

He cited WasteBanc, The Alternative Bank’s recycling initiative with the Lagos Waste Management Authority (LAWMA), and Nigeria’s sovereign Sukuk programme as examples of values-aligned finance connecting capital to productive assets while maintaining commercial standards.

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