Nigeria: FG’s $188mln Sukuk attracts over $1.3bln in record-breaking subscription

Nigeria: FG’s $188mln Sukuk attracts over $1.3bln in record-breaking subscription

This represents an excess of 735 per cent of subscriptions

FG’s Sukuk Highest Subscription Records 735% to N2.21tn in 2025 - DMO - Economic Confidential

FG’s Sukuk Highest Subscription Records 735% to N2.21tn in 2025 – DMO The Series VII of the Sovereign Sukuk of the Federal Government has recorded an unprecedented subscription level of over N2.21tn, representing an oversubscription of 735 per cent. This was revealed by the Debt Management Office on Wednesday, indicating that it offered N300bn on […] The post FG’s Sukuk Highest Subscription Records 735% to N2.21tn in 2025 – DMO appeared first on…

Nigeria’s Series VII Sukuk Records N2.21 Trillion in Bids, Underscoring Rising Appetite for Ethical Infrastructure Financing

In a resounding show of investor confidence, Nigeria’s Series VII Sovereign Sukuk has attracted an unprecedented ₦2.205 trillion in subscriptions—a staggering 735% oversubscription on the ₦300 billion offer floated by the Debt Management Office (DMO). The result, announced in Abuja on Wednesday, confirms the growing allure of non-interest, Shariah-compliant financial instruments in Nigeria’s capital market, …

DMO’s N300bn Sukuk attracts over N2.2tr subscriptions

The Series VI Sovereign Sukuk through which the Debt Management Offce (DMO) offered N300 bilion, on behalf of the Federal Government of Nigeria (FGN), recorded an unprecedented subscription level of over N2.205 trillion. This represents an excess of 735%subscription. This is clear evidence of the huge investor-appetite for the ethical instrument introduced by the DMO … The post DMO’s N300bn Sukuk attracts over N2.2tr subscriptions appeared first…

Nigeria’s sovereign sukuk issuances exceed N2.2trn amid strong investor demand – Businessamlive

Onome Amuge Patience Oniha, the director-general of the DMO Nigeria’s Debt Management Office (DMO) has announced a landmark achievement in its ethical financing strategy, with total subscriptions for its Sovereign Sukuk bonds reaching N2.205 trillion ($1.47 billion) since the instrument’s debut in 2017. This figure represents an oversubscription rate of 735 per cent, underscoring robust investor appetite for the Sharia-compliant financial instru…