Interest On CBN Loans Gulp N2.03trn From FG

Between January 2020 and November 2021, the federal government (FG) paid no less than N2.03 trillion as interest on the loans it secured from the Central Bank of Nigeria (CBN). Official data has it that the credit facilities were secured through the apex bank’s Ways and Means Advances, and were used to finance the government … Continue reading Interest On CBN Loans Gulp N2.03trn From FG