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Governor Adeleke Seeks Fair Treatment for Nigerians in South Africa, Plans MOU with Gauteng | Governor Adeleke Orders Logo Design Competition Between April 19th to 26th | His Excellency, Gov. Ademola Adeleke received the Management of Mercy Medical University, Iwara, Iwo, Osun State | Asset recovery: We shall abide by the Express provisions of the law- Osun SSG, Igbalaye. | Governor Adeleke Appoints Dr. Wale Bolorunduro Chairman of Living Trust Mortgage Bank Plc. | Abuja honours Governor Adeleke, nephew, Davido, names street after them | How Bayo Adeleke Banik Lied: The Truths Unveiled | Yoruba Nation: Governor Adeleke Takes Pre-emptive Security Measures, Appeals for Dialogue | Governor Adeleke Hails CCC Wonderland Shepherd, Abraham Olumide Gangbe, on His Birthday | You lied, Adeleke’s commitment to workers welfare unbroken, | Sexual Violence Against Women: Governor Adeleke Sets up Action Committee | Ilesa Accident: Governor Adeleke Approves Expansion of Ilbodi-Ilesa Road, Creation of Trailer Park | EID-EL-FITR: “KEEP PRAYING FOR US”, GOVERNOR ADELEKE TELLS MUSLIM FAITHFUL. | Governor Adeleke Mourns Late Royal Father, HRH, Olaoye Oyelayo | Governor Adeleke Felicitates Dr. Muyiwa Oladimeji on his Birthday | Governor Adeleke Tasks Ibadan Disco on Power Supply to Osun, Unveils Power Sector Agenda | IFRA PLAN – Osun Government Charges Contractors On Quality And Timely Delivery | Osun government begins dredging of waterways | Governor Adeleke Expresses Shock and Sadness over Tragic Ilesa Accident, Directs Transportation Commissioner to Investigate | Governor Adeleke Celebrates Ebenezer Obey at 82

Breaking News

Governor Adeleke Seeks Fair Treatment for Nigerians in South Africa, Plans MOU with Gauteng | Governor Adeleke Orders Logo Design Competition Between April 19th to 26th | His Excellency, Gov. Ademola Adeleke received the Management of Mercy Medical University, Iwara, Iwo, Osun State | Asset recovery: We shall abide by the Express provisions of the law- Osun SSG, Igbalaye. | Governor Adeleke Appoints Dr. Wale Bolorunduro Chairman of Living Trust Mortgage Bank Plc. | Abuja honours Governor Adeleke, nephew, Davido, names street after them | How Bayo Adeleke Banik Lied: The Truths Unveiled | Yoruba Nation: Governor Adeleke Takes Pre-emptive Security Measures, Appeals for Dialogue | Governor Adeleke Hails CCC Wonderland Shepherd, Abraham Olumide Gangbe, on His Birthday | You lied, Adeleke’s commitment to workers welfare unbroken, | Sexual Violence Against Women: Governor Adeleke Sets up Action Committee | Ilesa Accident: Governor Adeleke Approves Expansion of Ilbodi-Ilesa Road, Creation of Trailer Park | EID-EL-FITR: “KEEP PRAYING FOR US”, GOVERNOR ADELEKE TELLS MUSLIM FAITHFUL. | Governor Adeleke Mourns Late Royal Father, HRH, Olaoye Oyelayo | Governor Adeleke Felicitates Dr. Muyiwa Oladimeji on his Birthday | Governor Adeleke Tasks Ibadan Disco on Power Supply to Osun, Unveils Power Sector Agenda | IFRA PLAN – Osun Government Charges Contractors On Quality And Timely Delivery | Osun government begins dredging of waterways | Governor Adeleke Expresses Shock and Sadness over Tragic Ilesa Accident, Directs Transportation Commissioner to Investigate | Governor Adeleke Celebrates Ebenezer Obey at 82
Sukuk bond – 1b
Webmaster September 15, 2013

The State Of Osun N10b Sukuk Bond Still Open

Sukuk bond - 1b

 
The Government of Osun invites subscription to its “Osun Sukuk Company Plc” N10 billion Ijara (Lease) due 2020 further to Securities and Exchange Commission’s (SEC’s) approval.
In March 2013, the Securities and Exchange Commission (SEC)  approved new rules allowing firms to issue Islamic bonds. The Book Building opened on Thursday September 12, 2013 and closes on Wednesday September 25, 2013.
The planned 7-year paper, sources report, forms part of a N60 billion debt raising programme of the state which started last year. Such Funds raised would be used to finance the construction of education projects.  The Government of the State of Osun is targeting local pension funds and international investors for subscription to the bond.
Local credit rating agency Agusto & Co had assigned  an ‘A’ rating to the bond note, which will be listed on the Nigerian Stock Exchange.

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