The Nigerian Senate has approved President Bola Tinubu’s plan to borrow over $21 billion in external loans to fill the deficit in the 2025 federal budget, announced Solomon Adeola, chairman of the credit committee, on Tuesday, July 22. The borrowing program includes loans of 4 billion euros (approximately $4.7 billion), 15 billion Japanese yen (approximately…...
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Nigeria: Senate gives green light to $21 billion external loan to finance 2025 budget
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