Reps approve Tinubu’s $2.35bn loan, $500m sukuk to fund 2025 budget deficit
The House of Representatives has approved President Bola Tinubu’s request to obtain $2.35 billion in external loans to help bridge Nigeria’s 2025 budget deficit. The Lawmakers also gave the green light for the issuance of a $500 million sovereign sukuk in the international market to support infrastructure projects and diversify…