Nigerian govt records 40.6% rise in fiscal deficit to N746.30bn

The Central Bank of Nigeria (CBN) has reported that the federal government’s fiscal deficit has increased to N746.30 billion in November 2022.

This is 40.6 percent increase when compared to N530.87billion recorded in the month of October 2022.

The apex bank disclosed this in its November 2022 Economic Report, released on Tuesday.

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