The Securities and Exchange Commission (SEC) has said that the release of rules on Sukuk bonds has enhanced the issuance process and fostered participation in the instrument.
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The Securities and Exchange Commission (SEC) has commended the Debt Management Office (DMO) on arrangements to issue the maiden N100.0 billion Sukuk in the Nigerian Capital Market. In a statement by the SEC “This is a major milestone for Nigeria as it will catalyze the development of non-interest capital market products. The issuance of this Sukuk follows diligent advocacy efforts …
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