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Tinubu seeks n’assembly approval to borrow $2.35bn, issue $500m sovereign sukuk

October 7, 2025 at 06:53 PM

‎President Bola Tinubu has asked the house of representatives to approve a plan to borrow $2.35 billion in external capital to finance part of the 2025 budget deficit and refinance Nigeria’s maturing eurobonds. ‎ ‎The president also sought approval to issue a $500 million debut sovereign sukuk in the international capital market...

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