Friday, September 21, 2018

Tag "islamic financing"

    FACT CHECK: Do Sukuk bonds lead to Islamisation?

FACT CHECK: Do Sukuk bonds lead to Islamisation?

Last week, the federal government issued a seven-year N100 billion Sukuk bond. Patience Oniha, director general of the Debt Management Office (DMO), said proceeds from the bonds would be used to finance the construction of 25 major roads across the six geopolitical zones in the country. Nigerians were still trying to study and understand the concept when the Christian Association of Nigeria [...]

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Exchange Rates

September 21, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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