FG’s Sukuk Highest Subscription Records 735% to N2.21tn in 2025 - DMO The Series VII of the Sovereign Sukuk of the Federal Government has recorded an unprecedented subscription level of over N2.21tn, representing an oversubscription of 735 per cent. This was revealed by the Debt Management...

The Debt Management Office (DMO) has opened a seven-year N300 billion forward Ijarah (lease) Sukuk at a “rental rate” of 19.75 percent per annum.

Reps to Probe N1.24tn Sukuk Road Projects Funds The House of Representatives on Wednesday resolved to probe Sukuk backed road projects valued at about N1.24tn raised In the past seven years (2017- 2024). The resolution of the House followed the adoption in plenary of a motion...

DMO Commemorates Eurobond, Sukuk Listings On NGX   The Debt Management Office has leveraged the closing gong ceremony of Nigerian Exchange Limited to commemorate the listing of a triple-tranche $4bn Eurobonds, $1.25bn Eurobonds and the N250bn Sukuk on the Exchange. The event, which took place on Thursday,...

DMO Lists N250bn Sukuk On NGX   The Debt Management Office on Tuesday listed the N250bn, 10-year 13 per cent Ijarah Sovereign Sukuk due 2031 on Nigerian Exchange Limited and FMDQ Securities Exchange. The Ijarah Sovereign Sukuk was successfully listed on NGX, having fulfilled the conditions set...

FG To Spend N250bn Sukuk On Abuja, Niger Delta Road Projects - DMO     The Debt Management Office says the proposed N250bn sukuk will be used to finance key economic road projects identified by the Federal Ministry of Works and Housing, Federal Capital Territory Administration, and...