NASRDA and its need for SUKUK as an alternative source of funding
Nigeria’s sovereign sukuk which debuted in 2017 has so far demonstrated how borrowing can be better utilized to strategically fund ...
Tag: Sukuk
FG raises over N652bn in 6th Sovereign Sukuk
The federal government has received a total subscription of N652.827 billion for the N150 billion Sovereign Sukuk whose offer for ...
Jaiz Shareholders approve board to raise N150bn through Sukuk
SHAREHOLDERS of Jaiz Bank Plc have approved the board’s proposal to raise the sum of N150 billion through equity and/or ...
Investors stake N669.2bn for N150bn FG sukuk
The Debt Management Office (DMO) Friday announced the result of the third Sovereign Sukuk for which it offered N150 billion ...
Reps express displeasure on slow pace of work on Lagos/Ibadan expressway, others
The House of Representatives on Thursday expressed displeasure over the slow pace of work on the Lagos/Ibadan dual carriageway, the ...
Adeosun hands N100bn Sukuk proceeds to Fasola for 25 road projects
Kemi Adeosun Babatunde Fasola Capital portion of 2017 budget got a boost on Thursday, when Finance minister, Mrs. Kemi Adeosun ...
FG launches pre-offer roadshow for N100 billion Sukuk
The Debt Management Office (DMO) will, on Thursday, commence preparatory activities to the issuance of the much awaited N100 billion ...
Raising funds through sukuk: The prospects, the drawbacks
Minister of Finance, Mrs. Kemi Adeosun The Federal Government’s definite steps on the issuance of N100billion ($328million) sukuk, Shariah compliant ...
SEC approves N100bn sovereign Sukuk offering
Securities and Exchange Commission (SEC) Wednesday announced its approval of the first sovereign Sukuk to be issued by Debt Management Office (DMO). ...
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