November 5, 2026
Tinubu Withdraws $21.5bn Loan Request, Seeks Senate Approval For $7.7bn Borrowing Plan
President Bola Tinubu has asked the Senate to discontinue the processing of his earlier request for $20.52bn and €1.045bn in external loans, replacing it with a fresh $7.7bn borrowing proposal to partly finance the 2026 budget deficit. The latest development
