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. …
Sukuk
Investors oversubscribe 2nd N100bn FGN Sukuk
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 issues N100bn sovereign sukuk at 15.7%
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 […]
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