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Sukuk

TAJBank to begin issuance of N100bn Sukuk bond, targets N30bn capital base

2022-08-29
By: Gambo Jagindi
On: August 29, 2022
In: Economy & Business

By Aluta News Aug 29, 2022 TAJBank Limited, Nigeria’s foremost non-interest lender, says it has concluded plans to begin the issuance of its N100 billion Sukuk bond. This is according to a statement by TAJBank’s Managing Director, Mr Hamid Joda. According to Joda, the commencement followed the signing of allContinue Reading

Kano records highest subscription rate in FGN Sukuk – DMO

2022-06-28
By: Gambo Jagindi
On: June 28, 2022
In: Economy & Business

By Aluta News June 28, 2022 The Debt Management Office (DMO), says Kano has the highest number of subscribers in the Federal Government of Nigeria (FGN) Sovereign Sukuk offers. Patience Oniha, the Director-General of DMO, said this on Tuesday in Kano, at the FGN Securities Issuance Awareness Programme organised byContinue Reading

DMO returns oversubscribed 2021 sovereign Sukuk to investors

2022-02-03
By: Gambo Jagindi
On: February 3, 2022
In: NEWS

By Aluta News Feb. 3, 2022 The Director-General of the Debt Management Office (DMO), Patience Oniha, says the over subscribed portion of the N250 billion, 2021 Sovereign Sukuk, which attracted N865 billion, was returned to investors. Oniha made this known on Thursday, in Abuja, at a ceremony to present chequesContinue Reading

3 federal ministries to benefit from 2021 Sukuk funds, says DMO

2021-12-21
By: Gambo Jagindi
On: December 21, 2021
In: Infrastructure

By Aluta News Dec. 21, 2021 The Debt Management Office (DMO) says its latest offer of N250 billion sovereign Sukuk, the fourth in the series, would be deployed to three benefitting ministries. Director-General of the DMO, Patience Oniha, made this known on Monday in Abuja, at an investor meeting forContinue Reading

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