Sukuk

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…

2 years ago

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…

2 years ago

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…

3 years ago

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…

5 years ago

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…

5 years ago

Adeosun hands N100bn Sukuk proceeds to Fasola for 25 road projects

Capital portion of 2017 budget got a boost on Thursday, when Finance minister, Mrs. Kemi Adeosun handed over proceeds of…

8 years ago

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…

8 years ago

Raising funds through sukuk: The prospects, the drawbacks

The Federal Government’s definite steps on the issuance of N100billion ($328million) sukuk, Shariah compliant bond, this week, brings to a…

8 years ago

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).…

8 years ago

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