Tinubu seeks senate approval for $2.35bn loan, $500m Sovereign Sukuk

According to a report by Vanguard… Senate mandates committee to report back in one week By Henry Umoru ABUJA — President Bola Tinubu has written to the Senate, seeking approval to raise $2.35 billion in external loans to part-finance the 2025 budget deficit and refinance Nigeria’s maturing Eurobonds, as well as issue a $500 million sovereign Sukuk to fund infrastructure projects. […]
The post Tinubu seeks senate approval for $2.35bn loan, $500m Sovereign Sukuk appeared first on Vanguard News. complete report is on below link. Source: https://www.vanguardngr.com/2025/10/tinubu-seeks-senate-approval-for-2-35bn-loan-500m-sovereign-sukuk/