TAJBank Becomes First Corporate to List Sukuk Bond on NGX – THISDAYLIVE thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
TAJBank Limited, Nigeria’s fast-growing non-interest banking services provider, yesterday on the trading floor of the Nigerian Exchange Limited (NGX) became
RIYADH: Saudi Arabia’s National Debt Management Center, also known as NDMC, issued a new Saudi riyal-denominated Sukuk worth around SR26.2 billion ($7 billion). The new issuance is part of the Sukuk Issuance Program, NDMC said in a press release. The issuance is divided into four tranches. The two tranches with a value of SR13.2 billion and SR8.5 billion have the longest
Family Homes Funds (FHF)
To date, the fund has financed the development of 11,700 affordable homes in Bauchi, Delta, Ogun, Kano, Nasawara, Kaduna, Yobe, Borno and Adamawa states. It targets to spend $3 billion on this class of homeowners. x
The agreement was signed by the FHFL Managing Director, Mr. Femi Adewole and its Chairman, Alhaji Suleiman Barau, while the minister, Mrs. Zainab Ahmed represented the Ministry of Finance, Budget and National Planning.
Over the next four years, the fund aims to invest up to $3 billion (N1.3 trillion) in the development of 500,000 housing units for the low-income groups. In the process, the company will create 1.5 million jobs and enable homeownership through its creative products.
FHF issues N10bn Sukuk bond dailytrust.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytrust.com Daily Mail and Mail on Sunday newspapers.