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FG issues N1.1trn Sukuk bonds for road projects

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The Securities and Exchange Commission (SEC) has said the Federal Government issued six Sovereign Sukuk worth N1.1 trillion ($657.6m) to finance 124 federal road projects. A statement by SEC said its Director-General, Dr Emomotimi Agama, said this during the ongoing 2nd International Islamic Capital Market Conference in Karachi, Pakistan on  Thursday. Agama said the road … Read more