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  • 19-Year-Old SUV Driver Hits Three Police Officers While Evading Checkpoint In Edo

    5 days ago
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  • Borrows N14.86tn

Borrows N14.86tn

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Federal Govt Owes CBN N15.51tn, Borrows N14.86tn Under President Buhari

News Rangers4 years ago4 years ago016 mins

LAGOS AUGUST 18TH (NEWSRANGERS)-The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways and Means Advances has ballooned to N15.51tn, rising by 2,286 per cent in six years, data collated from the CBN have shown. The N15.51tn owed by the Federal Government to the central bank is not part of the country’s…

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