Tag: SEC
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Nigeria Issues N1.1 Trillion Sovereign Sukuk to Finance 124 Road Projects
The Nigerian Securities and Exchange Commission (SEC) has announced that the federal government has issued six Sovereign Sukuk bonds totaling N1.1 trillion ($657.6 million) to finance 124 federal road projects across the country’s six geopolitical zones. Speaking at the second International Islamic Capital Market Conference in Karachi, Pakistan, SEC Director-General Emomotimi Agama highlighted the significant…