Reps Approve Tinubu’s $2.34bn Borrowing Plan To Finance 2025 Budget, Refinance Eurobonds
Nigeria’s House of Representatives has approved President Bola Tinubu’s plan to raise $2.347 billion from international lenders and investors, paving the way for a mix of Eurobonds, syndicated loans, and an inaugural $500 million Sukuk issuance aimed at financing next year’s budget and managing the nation’s maturing debts. The lower chamber’s approval came on Wednesday…
