National Assembly Approves Tinubu’s $2.35bn External Loan Request

Nigeria’s National Assembly has granted approval for President Bola Tinubu to raise $2.347 billion from international lenders to finance the 2025 budget deficit and refinance maturing Eurobonds. The legislative approval also includes the issuance of a $500 million debut sovereign sukuk in the international capital market to fund major infrastructure projects and diversify the country’s … Continue reading National Assembly Approves Tinubu’s $2.35bn External Loan Request