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NASS News National News

Tinubu Seeks Senate Approval for $20.52bn, €1.05bn External Loans

Tinubu Seeks Senate Approval for $20.52bn, €1.05bn External Loans President Bola Tinubu has asked the Senate to approve a supplementary external borrowing plan of $20.52 billion and €1.05 billion for the 2026–2027 fiscal period. The request was conveyed in a letter addressed to Senate President Godswill Akpabio and read during plenary on Tuesday. Tinubu said

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Business & Economy National News

FG Seeks $1.5bn World Bank Financing as Nigeria’s Debt Rises to N166.79tn

FG Seeks $1.5bn World Bank Financing as Nigeria’s Debt Rises to N166.79tn The Federal Government is negotiating three proposed financing facilities worth a combined $1.5bn with the World Bank to support climate resilience, early childhood development and social protection programmes across Nigeria. The proposed facilities, each valued at $500m, are at different stages of preparation,

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