06.07.2011 - CBN, ICRC, DMO mull Islamic bond issue for infrastructure funding
The Central Bank of Nigeria (CBN), the Infrastructure Concession Regulatory Commissiosn (ICRC) and the Debt Mangement Office (DMO) have started discussions on the best ways to explore an option of sukuk (Islamic) bonds for financing the infrastructure requirement in the country, Sanusi Lamido Sanusi, CBN governor said. The DMO had indicated interest in partnership with the CBN to develop and issue Islamic bonds for the Nigerian financial system..............................................Full Article: Source
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