Nigeria’s N300 Billion Sukuk Bond Oversubscribed by 735%, Attracting N2.205 Trillion in Subscriptions
In a remarkable display of investor confidence, Nigeria’s Federal Government has announced that its Series VII Sovereign Sukuk bond, valued at N300 billion, was oversubscribed by an astonishing 735%, drawing a staggering N2.205 trillion in subscriptions. The Debt Management Office (DMO) revealed this milestone, underscoring the growing appeal of Nigeria’s Sukuk as a reliable and…
