Nigeria’s Tinubu Seeks New $7.7 Billion Borrowing, Replaces Earlier $20.5 Billion Request
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LN24 / 4 hours
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Nigerian President Bola Tinubu has submitted a revised request seeking legislative approval for approximately $7.7 billion in external borrowing, replacing an earlier proposal to secure $20.52 billion and €1.045 billion in foreign loans. The revised borrowing plan is intended to help finance Nigeria’s 2026 federal budget deficit and support key government projects under Tinubu’s economic […]