Tinubu requests $2.35bn loan, $500m Sukuk to fund deficit, refinance Eurobond

[Hallmark - Nigeria] - 7/10/2025
Bola Tinubu, Nigeria’s president, has asked the House of Representatives to approve fresh external borrowing of $2.347 billion and the issuance of a $500 million debut sovereign Sukuk in the international capital market. The request which was read on the floor of the House on Tuesday by Speaker (…)
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