Tinubu Seeks National Assembly’s Approval To Borrow $2.35bn, Issue $500m Sovereign Sukuk

President Bola Tinubu has asked the House of Representatives to approve plans to borrow $2.35 billion in external loans to help fund part of Nigeria’s 2025 budget deficit and refinance maturing Eurobonds. He also requested approval to issue a $500 million sovereign sukuk in the international capital market to fund major infrastructure projects and expand […]

  Entertainment   Oct 8, 2025   0   12  Add to Reading List
Tinubu Seeks National Assembly’s Approval To Borrow $2.35bn, Issue $500m Sovereign Sukuk
President Bola Tinubu has asked the House of Representatives to approve plans to borrow $2.35 billion in external loans to help fund part of Nigeria’s 2025 budget deficit and refinance maturing Eurobonds. He also requested approval to issue a $500 million sovereign sukuk in the international capital market to fund major infrastructure projects and expand […]
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