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FG's SUKUK Bond Of ₦‎300 Billion Has Been Oversubscribed - Politics - Nairaland 1q1a1e

FG's SUKUK Bond Of ₦‎300 Billion Has Been Oversubscribed (3910 Views)

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abc115: 3:45pm On May 28
Nigeria’s latest SUKUK bond of N300bn has been oversubscribed with a final subscription of N2.205trillion!

This is more than 7x the offer, signalling strong confidence from investors in the Nigerian government's debt instruments.

SUKUK bonds in Nigeria are typically tied to infrastructure projects (like roads, bridges, etc.), which means this funding is expected to go into tangible, productive assets.

https://x.com/DOlusegun/status/1927720499271938537

7 Likes

SeeWahala: 7:59am On May 29
Hehehehe 🤣😂 oversubscribed BY WHOM?

Then you begin to see ors and beneficiaries without even a traceable corporate website or known s undecided

Then after a couple of years, half of the money will become uned for cry (usually in the next presidents tenure)

3 Likes

Brendaniel: 7:59am On May 29
Would that stop Tinubu from taking foreign loans?

7 Likes

Bellotelli: 8:00am On May 29
It will be well with me, my family and loved one and ultimately Nigeria.

10 Likes 1 Share

Bizibi(m): 8:02am On May 29
Sukuk bond is a good investment.

8 Likes 1 Share

dontbothermuch: 8:03am On May 29
A Good non interest bond. It's good international bodies are having confidence in our debt repayment system. Unlike the 2005 shameful plea for the reduction of the Paris club debt.

11 Likes

inoki247: 8:04am On May 29
Lol people don stop to dey du Business as e no Certain. Na Treasury Bill's, Bonds and buying stock abroad people dey pump derr money Jejely as business no dey certain again...

3 Likes 1 Share

Honestey: 8:06am On May 29
Whaaaaat? so people only just dey pretend to hate this government

17 Likes 2 Shares

inoki247: 8:06am On May 29
SeeWahala:
Hehehehe 🤣😂 oversubscribed BY WHOM?

Then you begin to see ors and beneficiaries without even a traceable corporate website or known s undecided

Then after a couple of years, half of the money will become uned for cry (usually in the next presidents tenure)



Lol you don't even understand whats Sukuk Bond u jus dey comment...

Try Google to know the meaning of Sukuk Bond...


You don't understand what's up there you just rush to comment....

25 Likes

ChrisblaOffurum: 8:06am On May 29
cheesy cheesy
gbaskiboy: 8:06am On May 29
SUKUK bond investment is a good one, just heard about it on TikTok

1 Like

Compliant(m): 8:11am On May 29
SeeWahala:
Hehehehe 🤣😂 oversubscribed BY WHOM?


I don't think you know it is a very good investment for investors just like treasure bill.

15 Likes

sms4sure(m): 8:12am On May 29
This News really shows the Government is on the right track of developing the nation to those that matters and to those that know what Bond means

9 Likes 1 Share

omoredia: 8:14am On May 29
Bandits and ter'roris'ts can finaIly invest their illicit proceeds of crime
abuhusna1: 8:15am On May 29
SeeWahala:
Hehehehe 🤣😂 oversubscribed BY WHOM?

Then you begin to see ors and beneficiaries without even a traceable corporate website or known s undecided

Then after a couple of years, half of the money will become uned for cry (usually in the next presidents tenure)
Why are you guys always pessimist about anything the government is doing.

7 Likes

Mightymanna(m): 8:18am On May 29
omoredia:
Bandits and ter'roris'ts can finaIly invest their illicit proceeds of crime
mainly invested by Christians

1 Like

SeeWahala: 8:20am On May 29
abuhusna1:

Why are you guys always pessimist about anything the government is doing.

Oga allow us to be pessimistic undecided

After all, all the past ones that we were optimistic NOTHING COME OUT angry

2 Likes

advanceDNA: 8:25am On May 29
abuhusna1:

Why are you guys always pessimist about anything the government is doing.

Is it their fault.....if the refineries govt spent billions on is working , pple can say govt is getting better...
If the subsidy removal has translated to anything good for the masses, they can have faith in govt....
One person stole 753 mansions, another stole gvt money and paid tuition of child yet unborn..yet no ability
.
.common wealth meant for 200million pple is just shared by few pple in govt....yet u are wondering why pple to pessimistic.....okay ooooo..

the question should be how do y'all have bl!nd faith in a govt robbing Nigerians since they came into power....

2 Likes

saintmm(m): 8:28am On May 29
The truth is the elites and the investment guys are having it good time in this government only that this government ensures that their numbers will not increase as he's sinking more average citizens into poverty.

I've always known Tinubu to be an elitist. Buhari that supposed to be for the masses lacked enforcement and follow-through capacity so, his programs for the masses were hijacked by the jackals.

The obvious sign that Nigerians are the enemies of Nigerians.

This is the time for the money bags to grow and the masses are groaning.

All will be well
Bluntemperor: 8:35am On May 29
dontbothermuch:
A Good non interest bond. It's good international bodies are having confidence in our debt repayment system. Unlike the 2005 shameful plea for the reduction of the Paris club debt.

A good ones - because it is Bond and Non- Interest attached,so it is receiving a lot of , without any String attached.
It used to be linked to Muslim Schemes but more explanation are now coming to the rescues.

1 Like

motymop: 8:36am On May 29
Over subscribed by foreigners in wall Street

1 Like

omoredia: 8:50am On May 29
Mightymanna:
mainly invested by Christians

Who is a Christian? U think is is just to identity. Did Jesus come to found religion? Dont deceive urself. Religion has nothing to do with the truth
benuejosh: 8:54am On May 29
SeeWahala:
Hehehehe 🤣😂 oversubscribed BY WHOM?

Then you begin to see ors and beneficiaries without even a traceable corporate website or known s undecided

Then after a couple of years, half of the money will become uned for cry (usually in the next presidents tenure)
I tell people that education is not a scam. Here is an evidence of people who avoid education and call it a scam.

7 Likes

BreconHills(m): 9:28am On May 29
SeeWahala:


Oga allow us to be pessimistic undecided

After all, all the past ones that we were optimistic NOTHING COME OUT angry

That simply means you were not positioned or resourced to take advantage of emergent opportunities. No shame in that.

Success is not served a la carte.

4 Likes

SeeWahala: 9:31am On May 29
BreconHills:


That simply means you were not positioned or resourced to take advantage of emergent opportunities. No shame in that.

Success is not served a la carte.

In a normal democracy the masses do not have to struggle for their dividends on a first come first serve basis. That's why it's good to have visited other countries to see their own standards before making blanket statements like you just did
kafeii123: 9:32am On May 29
This is not good news at all...it means so many people are sure that the country's economy is bad that it can never improve significantly within the nxt one year
nedu666: 9:33am On May 29
Why is this news. Every treasury bills, bonds, euro and dollar bonds are oversubscribed. So it is not a new thing. 17% interest is better than nothing. And if you check properly it's banks that are pouring money into government backed securities and lending less to public. That how they make hundreds of billions in profits

1 Like

gidgiddy: 10:00am On May 29
LoyalBoy29:
Sukuk bond is good investment.

Really? Bond is just another form of borrowing
BreconHills(m): 11:37am On May 29
SeeWahala:


In a normal democracy the masses do not have to struggle for their dividends on a first come first serve basis. That's why it's good to have visited other countries to see their own standards before making blanket statements like you just did

Hahaha what I said is true of any country outside of a communists country. Try again. There is no western democracy that serves success a la carte.

Please name one. Unless of course you don't know the meaning of the term.

3 Likes

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