A New Chapter in Nigeria’s Borrowing Strategy On May 27, 2025, President Bola Ahmed Tinubu submitted a bold and ambitious proposal to the National Assembly, seeking approval for a multi-currency borrowing plan totaling over $21.5 billion, €2.19 billion, ¥15 billion, and a €65 million grant, alongside a domestic bond issuance of ₦757.9 billion to address … Continue reading Tinubu’s $21.5 Billion Loan Proposal: Implications for Nigeria’s Economy and the Truth Behind the IMF Loan Clearance Claim
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