Tinubu Seeks NASS Approval to Borrow $2.35bn, Issue $500m Sovereign Sukuk for 2025 Budget

Tinubu

President Bola Ahmed Tinubu has requested the approval of the National Assembly to borrow a total of $2.347 billion to finance part of the 2025 national budget and refinance existing debt. The president is also seeking legislative backing to issue Nigeria’s first $500 million sovereign Sukuk on the international market. The requests were contained in […]