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 begun the discussions on finding the best ways to explore an option of sukuk (Islamic) bonds for financing the infrastructure requirement in the country.
The DMO had shown some interest in partnership with the CBN to develop and issue Islamic bonds for the Nigerian financial system.

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