FG issues N1.1trn Sukuk bonds for road projects

FG issues N1.1trn Sukuk bonds for road projects …C0NTINUE READING >>>

The Securities and Exchange Commission (SEC) has said the Federal Government issued six Sovereign Sukuk worth N1.1 trillion ($657.6m) to finance 124 federal road projects.

A statement by SEC said its Director-General, Dr Emomotimi Agama, said this during the ongoing 2nd International Islamic Capital Market Conference in Karachi, Pakistan onĀ  Thursday.

Agama said the road projects covered over 5,820 kilometers across the six geopolitical zones of the country.

He said the success…

FG issues N1.1trn Sukuk bonds for road projects …C0NTINUE READING HERE >>>

Ediri Oyibo …C0NTINUE READING >>>

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