FG Set to Fund 53 Road Projects With N150bn Sukuk Bond - DMO The Federal Government said it would use the net proceeds of its ongoing N150 billion Sukuk issuance to fund some 53 road projects across the country. Director General, Debt Management Office Ms. Patience...

FG Expends N742.56bn Sukuk Funds on Roads, Releases N1.88trn for 2022 Expenditure The federal government has raised N742.56 billion sovereign sukuk bond from 2017 to 2022 for the execution of road projects across the country. Director General Debt Management Office, DMO, Ms. Patience Oniha, confirmed the...

Fed Govt Gives N250bn Sukuk Bond To Three Ministries   The Federal Government has given a cheque of N250bn from Sukuk bond to three ministries for the implementation of capital projects across the country. These are the Ministry of Works and Housing, Ministry of Federal Capital Territory,...

FG Commences Sale Of N150bn Sukuk Bond   The Federal Government on Thursday commenced the sale of N150bn seven-year Sukuk bond offer meant for the development of road infrastructure in different parts of the country. The Debt Management Office disclosed this on its website adding that the...

DMO Lists FG’s 2nd N100bn Sukuk On NSE   The Debt Management Office on Tuesday listed the Federal Government of Nigeria’s second N100bn seven-year Sukuk on the Nigerian Stock Exchange. The Sukuk, which is due to mature in 2025, was raised at a rental rate of 15.743...

On NSE, DMO Lists FG's Second Sukuk Bond The Debt Management Office has listed a second Federal Government N100bn Ijarah Sukuk on the Nigerian Stock Exchange and the FMDQ OTC Plc. The Director-General, DMO, Patience Oniha, while speaking at the investor presentation in Lagos, said the...