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The Central Bank of Nigeria (CBN) has issued operating licences to three new banks in the country.
The new banks are Titan Trust Bank Limited, Globus Bank Limited and TAJ Bank Limited.
The apex bank said Titan Trust and Globus Bank will operate as commercial lenders while TAJ Bank Limited will operate as a non-interest bank, being an Islamic Bank like Jaiz Bank which is already operating.
TAJ and Jaiz are now the only non-interest banks in the country.
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