Roads

Nigeria’s Debt Management Office finalises Sukuk Bond listing

Nigeria Sukuk bond PixabayThe Nigerian government has handed over US$419.50bn to the Ministry of works for the proceeds of the third Sukuk Bond that it recently raised

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Nigeria’s Sukuk bond oversubscribed by 446 per cent, says Debt Management Office

Africa Sukuk bondThe Nigerian Debt Management Office (DMO) has announced an oversubscription of its US$390mn third Sovereign Sukuk bond by 446 per cent, attracting US$1.72bn in total

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UKEF provides loan for Benin’s road project

ukef beninThe UK Export Finance (UKEF) has provided more than US$123.91mn loan to the government of Benin in support of a UK contract for construction firm Sogea-Satom, to redevelop the major interstate road, securing business for the UK supply chain

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Nigeria approves US$310mn for roads construction and water projects

Africa road this dayNigeria’s Federal Executive Council (FEC) has approved more than US$300mn for road construction in different parts of the country and US$13mn for water projects in Zungeru in Niger State

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Nigeria commences Sukuk Bond to develop road infrastructure

Sukuku roadThe Nigerian government, through the Debt Management Office, has commenced the third tranche sale of US$390mn seven-year Islamic Sukuk bond offe, an Islamic financial bond

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