TAJBank to issue N20bn Sukuk, targets N100bn yield

One of Nigeria’s leading non-interest banks, TAJBank, says it is finalising arrangements to raise the sum of N20 billion Mudarabah Sukuk bond to beef up its Additional Tier 1 capital. The Founder/Chief Executive Officer of TAJBank, Mr Hamid Joda, said this in a statement on Monday in Abuja. According to him, the issuance is part