The house of representatives has given approval to President Bola Ahmed Tinubu’s request to secure a $2.35 billion loan aimed at funding part of Nigeria’s 2025 budget shortfall.
Gatekeepers News reports that during Wednesday’s plenary, lawmakers also endorsed the president’s plan to float a $500 million debut sovereign sukuk in the international capital market (ICM) to support infrastructure development and broaden the nation’s funding options.
This is a developing story…
