Tag: SUKUK
TAJBank targets N30bn capital base, N100bn Sukuk bond
Nigeria’s non-interest lender, TAJBank Limited, has concluded plans to begin the issuance of its N100 billion Sukuk bond.
TAJBank’s Managing Director, Mr. Hamid Joda, said...
Why FCTA is borrowing N200bn for projects, by Minister
The Federal Capital Territory Administration (FCTA) is set to borrow N200 billion to finance road and water projects in the territory.
The FCT Minister, Malam...
DMO: N250bn Sovereign Sukuk offer attracts N865bn subscription
The Debt Management Office (DMO) has said that the N250 billion Sovereign Sukuk offer attracted unprecedented subscription of over N865 billion.
An analysis of the...
DMO offers N250bn Sukuk for subscription
The Debt Management Office (DMO) has offered for subscription N250 billion road Sukuk instrument for N1,000 per unit.
The instrument was issued by “FGN Roads...
Road projects: DMO to issue N250bn Sovereign Sukuk
The Debt Management Office (DMO) is set to issue another Sovereign Sukuk of N200 – N250 billion this year to finance critical road projects...
