The Effects of Non-interest Banking on Entrepreneurship in Nigeria
Department of Entrepreneurship Management Technology, The Federal University of Technology, Akure, Ondo State, Nigeria
- *Corresponding Author:
- Larry Anifowose
Department of Entrepreneurship Management Technology
The Federal University of Technology
Akure, Ondo state, Nigeria
E-mail: [email protected]
Received Date: August 21, 2014; Accepted Date: October 17, 2015; Published Date: October 26, 2015
Citation: Anifowose L (2015) The Effects of Non-interest Banking on Entrepreneurship in Nigeria. J Entrepren Organiz Manag 4:157. doi:10.4172/2169-026X.1000157
Copyright: © 2015 Anifowose L. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
For long, there has been controversy as to the banking system which involves no interest. The non- interest banking system has raised huge controversy and argument as to its relevance to the banking sector. It has also raised argument as to whether this type of banking system is relevant to entrepreneurs. This paper tends to look at the relevance of non-interest banking on entrepreneurs. It would show to the reader that non- interest banking is very relevant to entrepreneurs. It would also show to the reader that non- interest banking helps entrepreneurs in raising capital and funds.