https://en.sputniknews.africa/20251030/nigerias-parliament-approves-tinubus-request-for-285-billion-international-loan-1080022040.html
Nigeria's Parliament Approves Tinubu's Request for $2.85 Billion International Loan
Nigeria's Parliament Approves Tinubu's Request for $2.85 Billion International Loan
Sputnik Africa
Nigeria's Parliament Approves President Tinubu's Request to Borrow $2.85 Billion From International Debt Markets 30.10.2025, Sputnik Africa
2025-10-30T07:51+0100
2025-10-30T07:51+0100
2025-10-30T07:51+0100
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Nigeria's Parliament Approves President Tinubu's Request to Borrow $2.85 Billion From International Debt Markets The package includes the country's first-ever issuance of a $500 million sovereign sukuk. The funds would partly finance the budget deficit and refinance maturing Eurobonds due in November, Tinubu stated. He indicated that borrowing could occur via the Eurobond market, loan syndication, bridge financing, or direct bank loans.
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bola tinubu, nigeria, loan
bola tinubu, nigeria, loan
Nigeria's Parliament Approves Tinubu's Request for $2.85 Billion International Loan
Nigeria's Parliament Approves President Tinubu's Request to Borrow $2.85 Billion From International Debt Markets
The package includes the country's first-ever issuance of a $500 million sovereign sukuk.
The funds would partly finance the budget deficit and refinance maturing Eurobonds due in November, Tinubu stated.
He indicated that borrowing could occur via the Eurobond market, loan syndication, bridge financing, or direct bank loans.
