FG Borrows Additional N3.77trn From CBN As Credit Hits N28.43trn

The Nigerian Government has borrowed an additional N3.77trn from the Central Bank of Nigeria as of February 2023.

Credit to the FG through ways and means has consequently risen to N28.43trn by the end of February 2023, an increase of N3.77trn from the N24.65trn which it was in December 2022.