The DMO allotted US$420mn to investors in the third Sovereign Sukuk and the proceeds will be used to finance 44 critical road projects across the six geopolitical zones of Nigeria. (Image source: 4939/Pixabay)
The Nigerian Debt Management Office (DMO) has announced an oversubscription of its US$390mn third Sovereign Sukuk bond by 446 per cent, attracting US$1.72bn in total