-
FG Borrows N24tn From CBN
The Central Bank of Nigeria has disclosed that the Federal Government has borrowed N6.31trillion through Ways and Means Advances in 10 months. This has pushed the Federal Government’s borrowing from the CBN from N17.46 trillion in December 2021 to N23.77 trillion in October 2022. Ways and Means Advances is a loan facility through which the…