Sukuk Bonds

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...

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...

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...

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...

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...