September 19, 2017/ARM This is to notify you of the upcoming FGN Treasury Bills auction scheduled to hold on the Wednesday 20th September, 2017 with respective details below. To participate in this auction kindly ensure your account is funded and the form below completed on or before 5.00pm on Tuesday […]
Investors Bite
Dissecting the FGN’s N100bn Sukuk (Bond) Offering
Culled—Proshare September 19, 2017/United Capital Last week, the Nigerian government via FGN Roads Sukuk Company 1 Plc issued a 7-Year N100bn Sukuk (bond). Sukuk or Islamic Bond is a financial instrument structured to generate returns to ethical investors without infringing on the Islamic law which forbids interest payments. The maiden […]
FGN N100bn Debut Sukuk Offer Opens For Sale to the Public
Culled–Proshare September 19, 2017/FBN Merchant Bank FBN Merchant Bank Limited and Lotus Financial Services Limited have been appointed as Joint Financial Advisers to the Debt Management Office (DMO) of the Federal Government of Nigeria on the inaugural FGN N100 billion Sukuk offer. The offer was opened to the public on […]