This is because of political will and misconceptions about the use of the asset pool which is for the duration of the tenor until maturity, after which the ownership reverts to the original owner." Maccido was involved in structuring the first two FGN sukuks when he was with Lotus Capital
and is involved in the proposed third issuance.
Other speakers confirmed for the event include Ms Patience Oniha, Director-General, Debt Management Office of Nigeria; Hajia Aisha Dahir-Umar, Acting Director-General, National Pension Commission; Mr Jude Chiemeka, Divisional Head, Trading Business, NSE; Hajara Adeola, Managing Director/CEO, Lotus Capital
; Adeola Sunmola, Partner, Udo Udoma and Belo Osagie and Oluseun Olatidoye, Head, Debt Capital Markets, FBNQuest Merchant Bank.
Partners, LLC an independent real estate investment bank, announced that it has arranged and closed a $237 million (170 million [pounds sterling]) loan for Central London's Belgravia Gate, a row of townhouses converted into 12 ultra-luxury apartments in the city's famed Golden Postcode.
The Nigerian Stock Exchange (NSE) has signed a Memorandum of Understanding (MOU) with Lotus Capital
for the development and management of a certified Shari'ah-compliant Index.
So eventually everyone is operating more or less the same strategy,' said Louis Liu, the 37-year-old founder of Lotus Capital
Norwegian holding company Vardar AS said on Thursday (20 September) that its 70%-owned subsidiary Vardar Eurus AS has, together with the Estonian investor AS Freenergy, agreed to jointly acquire the Estonian wind energy company Tooma Tuulepark OU from the development company Lotus Capital
Subscribers could purchase N1,000 per unit subject to a minimum subscription of N10,000 and in multiples of N1,000 thereafter with FBNQuest and Islamic wealth manager, Lotus Capital
managing the sale.
That's 11 percent," Faisal Ashraf, founder and managing partner of Lotus Capital
In August, the Nigerian Stock Exchange (NSE) and wealth management firm Lotus Capital
set up the NSE Lotus Islamic Index of Sharia-compliant companies.
Partners, an independent real estate investment bank led by Faisal Ashraf, has launched a loan sale and distribution business that will serve lenders and investors looking to de-risk and leverage their positions in whole loans, A-notes, and mezzanine debt.