TAJBank to Raise ₦20bn Sukuk for Capital Boost
By Ayomide Otitoju TAJBank, Nigeria’s leading non-interest bank, has announced plans to raise ₦20 billion through a Mudarabah Sukuk bond as part of efforts to strengthen its Additional Tier 1 capital. The bank’s Founder and Chief Executive Officer, Hamid Joda, disclosed this in a statement on Monday in Abuja, highlighting that the issuance is part…
