Nigeria pioneers with first SEC-reg diaspora bond, eyes sukuk

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Nigeria pioneers with first SEC-reg diaspora bond, eyes sukuk

Naira 230x150

Nigeria last week priced the first ever SEC-registered diaspora bond, raising $300m from a novel funding source made up of Nigerian expatriates. And continuing its bid to diversify its funding kit, the sovereign has now turned its sights to a naira denominated sukuk.

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