The Federal Government has announced the listing of a N130 billion sovereign sukuk, the Sharia compliant bond, on the Nigerian Exchange and FMDQ. A statement on Wednesday from the Debt Management Office, DMO, which issues debt instrument on behalf of the government said the latest sukuk will be available for subscription from August 8, 2023….
Gov. Babajide Sanwo-Olu of Lagos State on Tuesday signed N134.815 billion bonds in a bid to deliver key infrastructure projects in the state. Speaking at the signing ceremony, Sanwo-Olu said that one of the projects the proceeds from the bonds was meant for, was the total overhaul of 33 public schools in Tolu Complex area…
TAJBank Limited says its recent N10 billion Sukuk, a non-interest bond, listed on the the Nigerian Exchange Limited, was informed by the growing market yearnings for Halal investment instruments. A statement from the Bank said the latest N10bn Mudarabah Sukuk issuance is second in the series after it successfully raised N11.4 billion under its N100bn…
