CBN Loans To FG Hits N25 Trillion
So far, the Central Bank of Nigeria (CBN) has loaned out the sum of N25.36 trillion to the Federal Government.
Naija News understands that the reported figure was reached following N1.83tn the federal government borrowed from the apex bank in March 2023 through Ways and Means Advances in the year’s first quarter.
Before now, the federal government owed the CBN N23.53tn as of December 2022. The figure was according to the provisional data from the apex bank through its quarterly statistical bulletin.
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