Amid Debt Concerns, House Of Reps Approve Tinubuβs $2.35 Billion Loan Request
The House of Representatives has approved President Bola Tinubuβs request to secure a $2.35 billion loan to help finance the 2025 budget deficit, despite growing concerns over Nigeriaβs rising debt profile. The House also granted approval for the issuance of a $500 million sovereign sukuk on the international capital market to support infrastructure development and…