Home N60 TRILLION

Tag: N60 TRILLION

Post
Nigeria’s Debts May Hit N60 trillion

Nigeria’s Debts May Hit N60 trillion

As Federal Government convert its N11.91 trillion indebtedness to the Central Bank of Nigeria (CBN) to formal securitised loans, Nigeria’s debts may rise above N60 trillion by the end of first quarter. Last year, the Federal Government obtained N2.86 billion through the “ways and means” of the CBN to partly finance the 2020 budget deficit...