National Assembly approves $2.35bn foreign loan request to fund
The National Assembly has approved President Bola Tinubu’s request to obtain $2.347 billion in foreign loans to help finance the 2025 budget deficit and refinance Nigeria’s maturing Eurobonds. The approval, granted by both the Senate and the House of Representatives, also authorises the issuance of a $500 million debut Sovereign Sukuk in the international capital…
