Nigeria to issue 150 bln naira worth of sukuk this year

ABUJA, Jan (Reuters) – Nigeria plans to issue sukuk bonds worth 150 billion naira ($490 mln) on the local market this year, the Debt Management Office said on Friday.

The debt office said the funds would be used for road projects. ($1 = 306.40 naira) (Reporting by Camillus Eboh and Chijioke Ohuocha; Editing by Alison Williams)

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