credit

Banks’ credit to govt surges 17.7% to N16.6trn, MPC expresses concern

Banks’ credit to govt surges 17.7% to N16.6trn, MPC expresses concern

•Debt burden to worsen — FSDH By Elizabeth Adegbesan Credit to the government rose by N2.5 trillion or 17.7 per cent to N16.6 trillion as at April 2022 from N14.1 trillion as at January, 2022. This is contained in the latest Central Bank of Nigeria (CBN) Money and Credit data for April 2022, which  showed that […]