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A Dangote sukuk in the offing?

Aug 05, 2019 - African Banker

After the success of two large government sukuks (bonds) it looks like the Dangote corporation is poised to issue its own Islamic instrument. By Mushtak Parker.

Nigeria, Africa's second-largest economy, is finally gaining traction in its sukuk issuance ambitions. Following its two highly successful N100bn sovereign domestic sukuk (bond) issuances in 2017 and December 2018, the Debt Management Office (DMO), according to its Director General Patience Oniha, has confirmed that the government ...