Rent on Sukuk bonds jumped from N8.17 billion in the first quarter of 2022 to N33.13 billion in the second quarter, according to an analysis of the Federal Government’s domestic debt service report by the Debt Management Office (DMO) Nigeria Read more…
The Federal Government of Nigeria earned N1.77 trillion from sukuk bonds over a four-year period (2017-2021). In Islamic finance, the sukuk bonds are sharia-compliant bond-like instruments. Throughout Nigeria sukuk bonds were issued to fund a total of 97 road projects Read more…
Globally, Sharia-compliant, fixed-income capital markets instruments are proving an increasingly attractive investment, thus Islamic finance system is providing solutions to infrastructure deficit in Nigeria. Nigerian Debt Management Office (DMO) has said, the N250 Billion Sovereign Sukuk whose offer opened on Read more…
