Nigeria approves ₦47.9trn 2025 budget – plans $1.7bn Eurobond

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Nigeria’s Federal Executive Council approved a proposed budget of 47.9 trillion naira for the 2025 fiscal year. Meanwhile, the Minister of Finance and Coordinating Minister of the Economy also announced the government’s plan to raise $1.7 billion through the issuance of Eurobonds to help finance the revenue shortfalls. Steve Osho, Co- Managing Partner and Head of Advisory at Commercio Partners joins CNBC Africa for more on these and the hallmarks of the CBN Management team in the last one year.

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