Nigeria’s Islamic finance industry hits N5trn

File photo: Behind the scenes on a Nollywood set.
File photo: Behind the scenes on a Nollywood set. Photo: MediaMOF / CC BY-SA 4.0, via Wikimedia Commons

Nigeria’s Islamic finance industry has grown to about N5 trillion, with the Federal Government’s Sukuk issuances attracting subscriptions of N2.2 trillion against an initial offer of…

Nigeria’s Islamic finance industry has grown to about N5 trillion, with the Federal Government’s Sukuk issuances attracting subscriptions of N2.2 trillion against an initial offer of N300bn, the Managing Director of One17 Capital Limited, Abdullahi Idris Umar, has said. Umar disclosed this during an interview on Trust TV’s Business Daily, where he said the…

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