Total volume of bank loans to the government N28.43 trillion

Banks’ credits to the government rose by N3.77tn in the first two months of 2023. Figures obtained from the Central Bank of Nigeria revealed that the total government credit which ended December 2022 at N24.66tn rose to N28.43tn as of the end of February 2023. The CBN disclosed in its ‘Money and credit statistics’ report that the credit rose from N14.9tn as of the end of January 2022 to…
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