The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, has been elected as the Chairman of the International Islamic Liquidity Management Corporation. CBN’s acting Director, Corporate Communications, Mr. Isaac Okorafor, in a statement on Friday stated that by the development, Emefiele had also become the Head of the General Assembly of the financial body, comprising nine countries and Islamic Development Bank. IILM was established by central banks, monetary authorities and multilateral organisations to create and issue short-term Shari’ah-compliant financial instruments to facilitate effective cross- border Islamic liquidity management. By creating more liquid Shari’ah-compliant financial markets for institutions offering Islamic financial services, the IILM aims to enhance cross-border investment flows, international linkages and financial stability.


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Islam and there money are making waves, even with low or no interest for lenders. But we Christian re not taken the heed of event, but rather shouting islamization , and our leader flying private jet and riding exotic cars.