
CBN increases loans to FG by N3.77trn in two months
Despite concerns from economists and experts regarding outstanding loans, the Central Bank of Nigeria (CBN) increased its loans to the government by N3.77 trillion during the first two months of 2023. According to the CBN’s latest data on “Money and Credit Statistics data, credit from CBN to the government stood at N28.43 trillion at the end of February 2023. In Read More