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SUKUK BOND
Nigeria’s non-interest bank, TAJBank, has announced plans to issue a N20 billion Mudarabah Sukuk bond as part of its strategy to bolster its Additional Tier 1 capital.
Sukuk is an investment certificate that represents the ownership of the holder in an asset or pool of assets
The Lagos State Government is proposing to raise Sukuk, Green, and Blue Bonds to execute infrastructure projects...
Investors in Nigeria’s Sukuk bonds were mostly fund managers, and it was done through a trust agreement
Proceeds from the Ijara Sukuk Bond auction will be used solely for the construction and rehabilitation of key roads across the six geopolitical zones of the country.
The Federal Government has enlisted no fewer than 28 road contracts that will benefit from the ₦100 billion Sukuk...
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N100 billion Sukuk II offer to consolidate gains of Sukuk I
The Debt Management Office (DMO) on behalf of the Federal Government, today opened an offer for subscription of a N100 billion Sukuk bond. Proceeds will be used for the construction and rehabilitation of key roads across the six geopolitical zones of the country.
Data released from Fund Assets and Registration report indicates that additional 55,038 members enrolled.
The Federal Government of Nigeria (FGN) through the Ministry of Finance (MoF) and the Debt Management Office (DMO),...
A bond is a fixed income debt instrument issued by the government (federal or state government) or corporate...