Nigeria Seeks to Raise $2.8Bn Including its First International Sukuk

Nigeriacommunicationsweek | 09-10-2025 12:05pm |

Federal government plans to raise $2.8 billion in fresh funding as part of efforts to diversify its borrowing instruments and attract capital from global Islamic finance markets. President Bola Tinubu asked the national assembly on October 7 to authorize $2.3 billion in new loans and a $500 million sovereign sukuk, marking what would be Nigeria’s

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.