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Borrowing From Local Investors Rises 21% in H1’22
The Federal Government borrowed N4.2 trillion from local investors in the first half of the year , representing 21 per cent, year-on-year. This is an increase from N3.89 trillion borrowed in the first half of 2021 (H1’21). The increased borrowing was driven by a 30 per cent increase in FGN Bond sales, 49 percent increase…