Tag: Sukuk bond
DMO offers N150bn Sukuk bond
Sukuk were offered at N1,000 per unit, subject to a minimum subscription of N10,000 and in multiples of N1,000 thereafter.
FG Sukuk bond oversubscribed, receives N132bn for N100bn offer
The Federal Government received over N132 billion subscriptions from 2,073 investors for its N100 billion 7-year 15.74 per cent Sukuk…
Nigerian Govt floats 2nd tranche Sukuk bond in December
Ms Patience Oniha, Director-General, the Debt Management Office (DMO), on Thursday expressed optimism that the second tranche of N100 billion…
Sukuk bond: SEC partners IFC, AFDB to boost investment
The Securities and Exchange Commission (SEC) on Friday expressed plans to work with International Finance Corporate (IFC), African Development Bank…
Niger state gov. seeks Assembly’s approval for N21.5bn Sukuk Bond
Gov. Abubakar Bello of Niger State, has sought a resolution of the State House of Assembly in support of N21.5bn…
Sukuk bond: Federal Government to release proceeds to Works Ministry
The Minister of Finance, Kemi Adeosun, has disclosed that proceeds of the N100 billion Islamic bond, Sukuk, will be released…