FG’s borrowing from CBN hits N19tn, inflation may worsen – Report

The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways and Means Advances rose from N17.46tn as of December 2021 to N19.01tn as of April 2022. According to data from the CBN, this represents an increase of N1.55tn within the first four months of 2022. The N19.01tn owed the apex bank by…

Read More