The Debt Management Office (DMO) opened the 2025 FGN SUKUK N300 billion offer for subscription.

This N300 billion seven-year Ijarah Sukuk, maturing in May 2032, has an interest rate of 19.75 percent per annum, payable twice a year.

With subscription kicking off today, May 12th, and closing on May 20th.

Read also: Nigeria’s inflation to average at 22% in 2025 if CBN holds tight monetary policy – World bank

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Investors can buy a minimum subscription of N10,000 and in multiples of N1,000 thereafter at N1,000 per unit.

The principal investment will be repaid in a single bullet payment upon the Sukuk’s maturity in May 2032.

According to the DMO, the funds generated from this offer are earmarked specifically for the construction and rehabilitation of crucial road projects and bridges spanning all six geopolitical zones within Nigeria, directly linking your investment to tangible national development.

Eniola Olatunji is an experienced journalist at BusinessDay, where she has specialized in reporting on personal and business finance since March 2022. She focuses on creating engaging and precise news stories, with a keen emphasis on the fixed-income market, banking, personal finance, cost of living, and the Nigerian economy. Her work also encompasses extensive market research and economic trend analysis. Eniola is passionate about empowering individuals to make informed financial decisions and is dedicated to shedding light on the intricate workings of the economy. She holds a Bachelor of Science degree in Pure & Applied Chemistry from the University of Lagos. Eniola Olatunji was shortlisted for The Future Awards Africa Prize for Journalism..

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