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N100b Sukuk fund for roads

Doheney Services unveils HR Expo Africa 2018

The Federal Government has decided to use the N100 billion Sovereign Sukuk bonds proceeds to construct 642.69 kilometres of roads across in NIgeria.
Continue reading N100b Sukuk fund for roads at Vanguard News Nigeria. …

Investors oversubscribe 2nd N100bn FGN Sukuk

‘Buhari’s slow action on Southern Kaduna killings unpatriotic’

ABUJA—Investors in the nation’s capital market have sustained interests in the Federal Government’s Sukuk, as they oversubscribed the second edition of the ethical instrument public offering.
Continue reading Investors oversubscribe 2nd N100bn FGN Sukuk at Vanguard News Nigeria. …

N100bn Sukuk: BPE set to enhance retail investors’ participation

FOLLOWING the low participation by retail investors in the first Sovereign Sukuk Public Offer issued last year by the federal government, the Debt Management Office, DMO, weekend, said more arrangement has been put in place in the second N100 billion Sukuk Public Offer to attract this segment of investors.
Continue reading N100bn Sukuk: BPE set to enhance retail investors’ participation at Vanguard News Nigeria. …

FG to float N100bn Sukuk in December

FG to float N100bn Sukuk in December

Director General of the Debt Management Office (DMO), Patience Oniha, says another N100 billion Sukuk will be floated in December 2018. This is coming after the Federal Government had earlier issued an N100 billion in September 2017 for the construction of 25 economically important roads. Sukuk or Islamic Bond is a financial instrument structured to […]
The post FG to float N100bn Sukuk in December appeared first on The Sun Nigeria. …

Sukuk proceeds being well utilised, says DMO DG

The proceeds of N100 billion Sukuk are being applied to infrastructure development across the country, Director -General of Debt Management Office, DMO, Ms. Patience Oniha, has said.
The post Sukuk proceeds being well utilised, says DMO DG appeared first on Vanguard News. …

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