CBN increases loans to FG by N3.77trn in two months

March 28, 2023 Segun Odunewu 0

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

Heed Supreme Court judgement on naira, economists tell CBN

March 4, 2023 Admin III 0

Some economists have urged the Central Bank of Nigeria (CBN) to comply with the Supreme Court’s ruling, making the old Naira notes to remain as legal tender till December 31, 2023. The experts made the urge in separate interviews with the News Agency of Nigeria (NAN) on Friday in Lagos, while commending the apex court’s judgement on the old Naira Read More