Sukuk Bonds

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FG Raises Over N1trn Sukuk Funds For Infrastructure – DMO

Felix Ifijeh, THEWILL -
March 26, (THEWILL) – The Debt Management Office has announced that the Federal Government has raised a total of N1.09 trillion through the issuance of Sovereign Sukuk since 2017 to fund infrastructure projects across the country. The Director-General of the...
News

FG Issues Six Sukuk Bonds Worth N1.1 Trillion To Fund 124 Road Projects

Felix Ifijeh, THEWILL -
December 13, (THEWILL) - The Federal Government of Nigeria has issued six Sovereign Sukuk bonds valued at N1.1 trillion ($657.6 million) to finance 124 federal road projects covering over 5,820 kilometers across the country’s six geopolitical zones. The...
Business

Nigeria’s Total Debt Hits N87.37trn in Q3 2023 — DMO

THEWILL. -
December 10, (THEWILL) - Nigeria’s debt stock stood at N87.37 trillion as at September 30, 2023, the Debt Management Office (DMO) said on Friday. Director General of DMO, Ms. Patience Oniha, disclosed this on Friday, during an interactive session...
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DMO Offers N150bn Sukuk Bond For Subscription

Aina Ojonugwa, THEWILL -
October 03, (THEWILL) - The Debt Management Office (DMO) on behalf of the Federal Government, has offered for subscription, Ijarah Sukuk, valued at N150 billion. Sukuk is a Sharia-compliant instrument that represents the interests of the owner in an asset...
News

DMO Offers N100bn Sukuk Bonds For Subscription At N1,000 Per Unit

Aina Ojonugwa, THEWILL -
November 21, (THEWILL) - The Debt Management Office (DMO) has offered N100 billion “Ijarah Sukuk’’ bonds for subscription at N1,000 per unit, on behalf of the Federal Government. According to the DMO, the offer is of a 10-year tenor, due...
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FeaturesSegun Adeyemi, THEWILL -

Inside FG’s Ecological Intervention for Kano Farmers

Faruku Musa Haruna and other farmers in Kumfada used to pool their money to buy plastic sheets, trapping enough water to irrigate small patches of land. They wanted to keep farming after the rains, but their ambitions depended on how much water they could save.
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