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On Achieving Career Goals

by Fred Nwaozor Achieving career goals is a deliberate and continuous process that requires clarity, discipline, and persistence. It begins with a clear understanding of what one truly wants to accomplish in a chosen field. Without a defined direction, efforts become scattered, making it difficult to measure progress or attain meaningful success. Therefore, setting specific and realistic career goals is the first critical step. Self-assessment plays a vital role in this journey. Individuals must evaluate their strengths, weaknesses, interests, and values. By doing so, they gain insight into areas where they can excel and identify skills that need improvement. This awareness helps in aligning personal abilities with career aspirations, ensuring a more purposeful pursuit. Education and skill acquisition are fundamental to achieving career goals. Formal education provides foundational knowledge, while continuous learning helps individuals stay relevant in an ever-evolving profe...

House of Reps gives Nod to Tinubu's $2.35bn Loan Proposal

Ben Achi
The House of Representatives in Nigeria has given a nod to President Bola Tinubu's request to borrow $2.35 billion to help finance the 2025 budget deficit and refinance maturing Eurobonds.

The approval was made on Wednesday, October 29, 2025, after the House considered the report of its Committee on Aids, Loans, and Debt Management.

Key details of the approval include:

Total amount: The borrowing plan is for a total of $2.347 billion.

Purpose: The funds are split into two components:

$1.23 billion, for funding a portion of the 2025 budget deficit.

$1.12 billion, for refinancing Nigeria's Eurobond, which reportedly matures in November 2025.

Additional issuance: Lawmakers also approved the issuance of a $500 million sovereign Sukuk bond in the international capital market. This is intended to fund infrastructure projects and diversify the country's funding sources.

Financing options: The government is authorized to raise the funds through various financial instruments, including Eurobond issuance, loan syndications, and direct borrowing from international financial institutions.

This approval follows Tinubu's request to the National Assembly earlier in October 2025.